{
 "ticker": "EUVX",
 "name": "Corgi Lithography & Semiconductor Photonics 2x Daily ETF",
 "issuer": "Corgi",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/euvx",
 "html": "https://etfiq.com/funds/euvx",
 "markdown": "https://etfiq.com/funds/euvx.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: EUVX returned \u221212.0% where its own daily promise gave \u22123.6%, 8.4 points short.",
 "key_facts": [
  {
   "key": "what_euv_did",
   "label": "What EUV did",
   "value": "+2.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "EUVX, what EUV did: +2.5%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u22123.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "EUVX, what 2 times a day gives: \u22123.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221212.0%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "EUVX, what the fund returned: \u221212.0%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22128.4 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "EUVX, the fund itself cost: \u22128.4 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "EUVX, net assets: $4m (the issuer\u2019s own daily fund list, as of Oct 2, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, May 28, 2026",
   "as_of": "2026-10-02",
   "sentence": "EUVX, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of EUV, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "EUV moved +2.5% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "EUV",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "sector or country, index",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, May 28, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 3, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "58% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+37.9%",
   "EUV": "+19.2%",
   "+2x the move": "+38.3%",
   "Difference": "\u22120.5 pts",
   "EUV moved about": "44%"
  },
  {
   "window": "3 months",
   "Fund": "\u221212.0%",
   "EUV": "+2.5%",
   "+2x the move": "+5.1%",
   "Difference": "\u221217.1 pts",
   "EUV moved about": "58%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221229.2%",
   "EUV": "\u22127.6%",
   "+2x the move": "\u221215.2%",
   "Difference": "\u221214.0 pts",
   "EUV moved about": "67%"
  }
 ],
 "questions": [
  {
   "q": "Did EUVX return +2 times EUV?",
   "a": "Over the window to Oct 2, 2026, EUV moved +2.5% and EUVX returned \u221212.0%. 2 times that move is +5.1%, so the fund came out 17.1 points short of it."
  },
  {
   "q": "Why does EUVX not return +2 times over a year?",
   "a": "Because it resets daily. EUVX 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."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}