# LRNX (Corgi LRN 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: LRNX returned −30.9% where its own daily promise gave −28.5%, 2.5 points short.

## Key facts

- LRNX, what LRN did: −12.8%, as of Oct 2, 2026.
- LRNX, what 2 times a day gives: −28.5%, as of Oct 2, 2026.
- LRNX, what the fund returned: −30.9%, as of Oct 2, 2026.
- LRNX, the fund itself cost: −2.5 pts, as of Oct 2, 2026.
- LRNX, net assets: $307,027 (the issuer’s own daily fund list, as of Oct 2, 2026).
- LRNX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## LRNX over each window to Oct 2, 2026

| Window | Fund | LRN | +2x the move | Difference | LRN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −16.5% | −7.3% | −14.6% | −1.9 pts | 25% |
| 3 months | −30.9% | −12.8% | −25.5% | −5.4 pts | 46% |
| Since launch | −21.7% | −7.0% | −14.0% | −7.8 pts | 44% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LRN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.42 times, against +2 stated | ETFIQ |
| Underlying | LRN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $307,027 | the issuer’s own daily fund list, as of Oct 2, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 24, 2026 | ETFIQ |
| Underlying volatility over the window | 46% annualized | ETFIQ |

## Questions

### Did LRNX return +2 times LRN?

Over the window to Oct 2, 2026, LRN moved −12.8% and LRNX returned −30.9%. 2 times that move is −25.5%, so the fund came out 5.4 points short of it.

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

Because it resets daily. LRNX 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, LRNX, data as of Oct 2, 2026. https://etfiq.com/funds/lrnx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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