# MPWC (Corgi MPWR 2x Daily ETF)

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

One month to Sep 30, 2026: MPWC returned +9.8% where its own daily promise gave +10.9%, 1.1 points short.

## Key facts

- MPWC, what MPWR did: +6.4%, as of Sep 30, 2026.
- MPWC, what 2 times a day gives: +10.9%, as of Sep 30, 2026.
- MPWC, what the fund returned: +9.8%, as of Sep 30, 2026.
- MPWC, the fund itself cost: −1.1 pts, as of Sep 30, 2026.
- MPWC, net assets: $457,620 (the issuer’s own daily fund list, as of Sep 30, 2026).
- MPWC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## MPWC over each window to Sep 30, 2026

| Window | Fund | MPWR | +2x the move | Difference | MPWR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +9.8% | +6.4% | +12.8% | −3.0 pts | 50% |
| Since launch | +3.4% | +6.0% | +12.0% | −8.6 pts | 52% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of MPWR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.53 times, against +2 stated | ETFIQ |
| Underlying | MPWR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $457,620 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 50% annualized | ETFIQ |

## Questions

### Did MPWC return +2 times MPWR?

Over the window to Sep 30, 2026, MPWR moved +6.4% and MPWC returned +9.8%. 2 times that move is +12.8%, so the fund came out 3.0 points short of it.

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

Because it resets daily. MPWC 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 MPWR ETF tracked its stated multiple most closely?

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

HTML: https://etfiq.com/funds/mpwc  ·  JSON: https://etfiq.com/funds/mpwc.json