# UPSC (Corgi UPST 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: UPSC returned −25.8% where its own daily promise gave −24.5%, 1.2 points short.

## Key facts

- UPSC, what UPST did: −12.1%, as of Sep 11, 2026.
- UPSC, what +2 times a day gives: −24.5%, as of Sep 11, 2026.
- UPSC, what the fund returned: −25.8%, as of Sep 11, 2026.
- UPSC, the fund itself cost: −1.2 pts, as of Sep 11, 2026.
- UPSC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- UPSC, underlying: UPST, as of Sep 11, 2026.

## UPSC over each window to Sep 11, 2026

| Window | Fund | UPST | +2x the move | Difference | UPST moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −25.8% | −12.1% | −24.1% | −1.7 pts | 53% |
| Since launch | −42.3% | −21.8% | −43.7% | +1.4 pts | 50% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UPST, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.14 times, against +2 stated | ETFIQ |
| Underlying | UPST | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 10, 2026 | ETFIQ |
| Underlying volatility over the window | 53% annualized | ETFIQ |

## Questions

### Did UPSC return +2 times UPST?

Over the window to Sep 11, 2026, UPST moved −12.1% and UPSC returned −25.8%. 2 times that move is −24.1%, so the fund came out 1.7 points short of it.

### Why does UPSC not return +2 times over a year?

Because it resets daily. UPSC aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x UPST ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, UPSC, data as of Sep 11, 2026. https://etfiq.com/funds/UPSC
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/UPSC  ·  JSON: https://etfiq.com/funds/UPSC.json
