# USX (Corgi Total U.S. Market 2x Daily ETF)

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

Three months to Sep 11, 2026: USX returned +3.4% where its own daily promise gave +5.7%, 2.4 points short.

## Key facts

- USX, what VTI did: +3.0%, as of Sep 11, 2026.
- USX, what +2 times a day gives: +5.7%, as of Sep 11, 2026.
- USX, what the fund returned: +3.4%, as of Sep 11, 2026.
- USX, the fund itself cost: −2.4 pts, as of Sep 11, 2026.
- USX, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).
- USX, underlying: VTI, as of Sep 11, 2026.

## USX over each window to Sep 11, 2026

| Window | Fund | VTI | +2x the move | Difference | VTI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −3.6% | −1.4% | −2.9% | −0.7 pts | 9% |
| 3 months | +3.4% | +3.0% | +6.0% | −2.7 pts | 12% |
| Since launch | 0.0% | +1.6% | +3.1% | −3.1 pts | 13% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of VTI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | VTI moved +3.0% over this window, too little to read a multiple from | ETFIQ |
| Underlying | VTI | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, May 28, 2026 |
| Launched | Jun 3, 2026 | ETFIQ |
| Underlying volatility over the window | 12% annualized | ETFIQ |

## Questions

### Did USX return +2 times VTI?

Over the window to Sep 11, 2026, VTI moved +3.0% and USX returned +3.4%. 2 times that move is +6.0%, so the fund came out 2.7 points short of it.

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

Because it resets daily. USX 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, USX, data as of Sep 11, 2026. https://etfiq.com/funds/USX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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