# MRVX (Corgi MRVL 2x Daily ETF)

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

One month to Sep 30, 2026: MRVX returned +50.0% where its own daily promise gave +51.8%, 1.8 points short.

## Key facts

- MRVX, what MRVL did: +24.8%, as of Sep 30, 2026.
- MRVX, what 2 times a day gives: +51.8%, as of Sep 30, 2026.
- MRVX, what the fund returned: +50.0%, as of Sep 30, 2026.
- MRVX, the fund itself cost: −1.8 pts, as of Sep 30, 2026.
- MRVX, net assets: $2m (the issuer’s own daily fund list, as of Sep 30, 2026).
- MRVX, expense ratio: 1.29% (485BPOS XBRL, Aug 26, 2026).

## MRVX over each window to Sep 30, 2026

| Window | Fund | MRVL | +2x the move | Difference | MRVL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +50.0% | +24.8% | +49.7% | +0.3 pts | 54% |
| Since launch | +18.1% | +18.8% | +37.6% | −19.4 pts | 80% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of MRVL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.01 times, against +2 stated | ETFIQ |
| Underlying | MRVL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.29% | 485BPOS XBRL, Aug 26, 2026 |
| Launched | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 54% annualized | ETFIQ |

## Questions

### Did MRVX return +2 times MRVL?

Over the window to Sep 30, 2026, MRVL moved +24.8% and MRVX returned +50.0%. 2 times that move is +49.7%, so the fund came out 0.3 points ahead of it.

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

Because it resets daily. MRVX 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 MRVL 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, MRVX, data as of Sep 30, 2026. https://etfiq.com/funds/mrvx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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