# USLX (Corgi U.S. Large-Cap 2x Daily ETF)

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

Since launch to Sep 11, 2026: USLX returned −1.5% where its own daily promise gave −1.3%, 0.2 points short.

## Key facts

- USLX, what VOO did: −0.6%, as of Sep 11, 2026.
- USLX, what +2 times a day gives: −1.3%, as of Sep 11, 2026.
- USLX, what the fund returned: −1.5%, as of Sep 11, 2026.
- USLX, the fund itself cost: −0.2 pts, as of Sep 11, 2026.
- USLX, expense ratio: 0.20% (485BPOS XBRL, May 28, 2026).
- USLX, underlying: VOO, as of Sep 11, 2026.

## USLX over each window to Sep 11, 2026

| Window | Fund | VOO | +2x the move | Difference | VOO moved about |
| --- | --- | --- | --- | --- | --- |
| Since launch | −1.5% | −0.6% | −1.2% | −0.2 pts | 9% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of VOO, reset daily | ETFIQ |
| Multiple a holder actually got over the window | VOO moved −0.6% over this window, too little to read a multiple from | ETFIQ |
| Underlying | VOO | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Expense ratio | 0.20% | 485BPOS XBRL, May 28, 2026 |
| Launched | Aug 19, 2026 | ETFIQ |
| Underlying volatility over the window | 9% annualized | ETFIQ |

## Questions

### Did USLX return +2 times VOO?

Over the window to Sep 11, 2026, VOO moved −0.6% and USLX returned −1.5%. 2 times that move is −1.2%, so the fund came out 0.2 points short of it.

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

Because it resets daily. USLX 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.


## Cite this page

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

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