# NOWX (Corgi NOW 2x Daily ETF)

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

One month to Sep 30, 2026: NOWX returned −20.2% where its own daily promise gave −19.7%, 0.5 points short.

## Key facts

- NOWX, what NOW did: −9.4%, as of Sep 30, 2026.
- NOWX, what 2 times a day gives: −19.7%, as of Sep 30, 2026.
- NOWX, what the fund returned: −20.2%, as of Sep 30, 2026.
- NOWX, the fund itself cost: −0.5 pts, as of Sep 30, 2026.
- NOWX, net assets: $658,178 (the issuer’s own daily fund list, as of Sep 30, 2026).
- NOWX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## NOWX over each window to Sep 30, 2026

| Window | Fund | NOW | +2x the move | Difference | NOW moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −20.2% | −9.4% | −18.9% | −1.3 pts | 50% |
| Since launch | +49.3% | +27.8% | +55.6% | −6.3 pts | 57% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of NOW, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.14 times, against +2 stated | ETFIQ |
| Underlying | NOW | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $658,178 | 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 | 50% annualized | ETFIQ |

## Questions

### Did NOWX return +2 times NOW?

Over the window to Sep 30, 2026, NOW moved −9.4% and NOWX returned −20.2%. 2 times that move is −18.9%, so the fund came out 1.3 points short of it.

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

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

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