# XBIX (Corgi U.S. Biotech 2x Daily ETF)

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

Three months to Sep 11, 2026: XBIX returned +30.4% where its own daily promise gave +33.8%, 3.4 points short.

## Key facts

- XBIX, what XBI did: +16.9%, as of Sep 11, 2026.
- XBIX, what +2 times a day gives: +33.8%, as of Sep 11, 2026.
- XBIX, what the fund returned: +30.4%, as of Sep 11, 2026.
- XBIX, the fund itself cost: −3.4 pts, as of Sep 11, 2026.
- XBIX, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).
- XBIX, underlying: XBI, as of Sep 11, 2026.

## XBIX over each window to Sep 11, 2026

| Window | Fund | XBI | +2x the move | Difference | XBI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −5.5% | −2.0% | −4.0% | −1.5 pts | 32% |
| 3 months | +30.4% | +16.9% | +33.7% | −3.4 pts | 29% |
| Since launch | +37.4% | +20.4% | +40.9% | −3.5 pts | 30% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of XBI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.8 times, against +2 stated | ETFIQ |
| Underlying | XBI | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, May 28, 2026 |
| Launched | Jun 3, 2026 | ETFIQ |
| Underlying volatility over the window | 29% annualized | ETFIQ |

## Questions

### Did XBIX return +2 times XBI?

Over the window to Sep 11, 2026, XBI moved +16.9% and XBIX returned +30.4%. 2 times that move is +33.7%, so the fund came out 3.4 points short of it.

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

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

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