{
 "ticker": "MSIX",
 "name": "Corgi MSI 2x Daily ETF",
 "issuer": "Corgi",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/msix",
 "html": "https://etfiq.com/funds/msix",
 "markdown": "https://etfiq.com/funds/msix.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: MSIX returned +7.9% where its own daily promise gave +10.9%, 3.0 points short.",
 "key_facts": [
  {
   "key": "what_msi_did",
   "label": "What MSI did",
   "value": "+6.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MSIX, what MSI did: +6.1%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+10.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MSIX, what 2 times a day gives: +10.9%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+7.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MSIX, what the fund returned: +7.9%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.0 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MSIX, the fund itself cost: \u22123.0 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$472,874",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "MSIX, net assets: $472,874 (the issuer\u2019s own daily fund list, as of Oct 2, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, Jun 5, 2026",
   "as_of": "2026-10-02",
   "sentence": "MSIX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of MSI, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.29 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "MSI",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$472,874",
   "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, Jun 5, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 24, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "26% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221213.4%",
   "MSI": "\u22126.3%",
   "+2x the move": "\u221212.7%",
   "Difference": "\u22120.7 pts",
   "MSI moved about": "14%"
  },
  {
   "window": "3 months",
   "Fund": "+7.9%",
   "MSI": "+6.1%",
   "+2x the move": "+12.3%",
   "Difference": "\u22124.3 pts",
   "MSI moved about": "26%"
  },
  {
   "window": "Since launch",
   "Fund": "+18.2%",
   "MSI": "+12.0%",
   "+2x the move": "+24.0%",
   "Difference": "\u22125.8 pts",
   "MSI moved about": "25%"
  }
 ],
 "questions": [
  {
   "q": "Did MSIX return +2 times MSI?",
   "a": "Over the window to Oct 2, 2026, MSI moved +6.1% and MSIX returned +7.9%. 2 times that move is +12.3%, so the fund came out 4.3 points short of it."
  },
  {
   "q": "Why does MSIX not return +2 times over a year?",
   "a": "Because it resets daily. MSIX 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)."
}