# NBIC (Corgi NBIS 2x Daily ETF)

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

One month to Sep 30, 2026: NBIC returned +24.3% where its own daily promise gave +26.6%, 2.2 points short.

## Key facts

- NBIC, what NBIS did: +14.3%, as of Sep 30, 2026.
- NBIC, what 2 times a day gives: +26.6%, as of Sep 30, 2026.
- NBIC, what the fund returned: +24.3%, as of Sep 30, 2026.
- NBIC, the fund itself cost: −2.2 pts, as of Sep 30, 2026.
- NBIC, net assets: $620,521 (the issuer’s own daily fund list, as of Sep 30, 2026).
- NBIC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## NBIC over each window to Sep 30, 2026

| Window | Fund | NBIS | +2x the move | Difference | NBIS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +24.3% | +14.3% | +28.7% | −4.3 pts | 63% |
| Since launch | −2.3% | +21.5% | +43.1% | −45.4 pts | 135% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of NBIS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.7 times, against +2 stated | ETFIQ |
| Underlying | NBIS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $620,521 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 63% annualized | ETFIQ |

## Questions

### Did NBIC return +2 times NBIS?

Over the window to Sep 30, 2026, NBIS moved +14.3% and NBIC returned +24.3%. 2 times that move is +28.7%, so the fund came out 4.3 points short of it.

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

Because it resets daily. NBIC 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 NBIS ETF tracked its stated multiple most closely?

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

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