# ONDC (Corgi ONDS 2x Daily ETF)

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

One month to Sep 30, 2026: ONDC returned −13.3% where its own daily promise gave −10.3%, 3.1 points short.

## Key facts

- ONDC, what ONDS did: −4.3%, as of Sep 30, 2026.
- ONDC, what 2 times a day gives: −10.3%, as of Sep 30, 2026.
- ONDC, what the fund returned: −13.3%, as of Sep 30, 2026.
- ONDC, the fund itself cost: −3.1 pts, as of Sep 30, 2026.
- ONDC, net assets: $262,230 (the issuer’s own daily fund list, as of Sep 30, 2026).
- ONDC, expense ratio: 0.45% (issuer page).

## ONDC over each window to Sep 30, 2026

| Window | Fund | ONDS | +2x the move | Difference | ONDS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −13.3% | −4.3% | −8.5% | −4.8 pts | 51% |
| Since launch | −20.2% | −0.3% | −0.5% | −19.7 pts | 77% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ONDS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | ONDS moved −4.3% over this window, too little to read a multiple from | ETFIQ |
| Underlying | ONDS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $262,230 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | issuer page |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 51% annualized | ETFIQ |

## Questions

### Did ONDC return +2 times ONDS?

Over the window to Sep 30, 2026, ONDS moved −4.3% and ONDC returned −13.3%. 2 times that move is −8.5%, so the fund came out 4.8 points short of it.

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

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

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