# BEC (Corgi BE 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: BEC returned −33.9% where its own daily promise gave −31.3%, 2.7 points short.

## Key facts

- BEC, what BE did: −4.3%, as of Sep 30, 2026.
- BEC, what 2 times a day gives: −31.3%, as of Sep 30, 2026.
- BEC, what the fund returned: −33.9%, as of Sep 30, 2026.
- BEC, the fund itself cost: −2.7 pts, as of Sep 30, 2026.
- BEC, net assets: $1m (the issuer’s own daily fund list, as of Sep 30, 2026).
- BEC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## BEC over each window to Sep 30, 2026

| Window | Fund | BE | +2x the move | Difference | BE moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +65.7% | +34.3% | +68.5% | −2.8 pts | 90% |
| 3 months | −33.9% | −4.3% | −8.6% | −25.3 pts | 110% |
| Since launch | −40.1% | −8.5% | −17.0% | −23.1 pts | 109% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BE, reset daily | ETFIQ |
| Multiple a holder actually got over the window | BE moved −4.3% over this window, too little to read a multiple from | ETFIQ |
| Underlying | BE | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $1m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 110% annualized | ETFIQ |

## Questions

### Did BEC return +2 times BE?

Over the window to Sep 30, 2026, BE moved −4.3% and BEC returned −33.9%. 2 times that move is −8.6%, so the fund came out 25.3 points short of it.

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

Because it resets daily. BEC 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 BE ETF tracked its stated multiple most closely?

3 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 figure itself.


## Cite this page

ETFIQ, BEC, data as of Sep 30, 2026. https://etfiq.com/funds/bec
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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