{
 "ticker": "ONTX",
 "name": "Corgi ONTO 2x Daily ETF",
 "issuer": "Corgi",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/ontx",
 "html": "https://etfiq.com/funds/ontx",
 "markdown": "https://etfiq.com/funds/ontx.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: ONTX returned \u221210.3% where its own daily promise gave \u22125.6%, 4.8 points short.",
 "key_facts": [
  {
   "key": "what_onto_did",
   "label": "What ONTO did",
   "value": "+6.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ONTX, what ONTO did: +6.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u22125.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ONTX, what 2 times a day gives: \u22125.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221210.3%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ONTX, what the fund returned: \u221210.3%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22124.8 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ONTX, the fund itself cost: \u22124.8 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "ONTX, net assets: $1m (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": "ONTX, 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 ONTO, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "-1.57 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "ONTO",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "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": "86% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+56.1%",
   "ONTO": "+28.8%",
   "+2x the move": "+57.5%",
   "Difference": "\u22121.4 pts",
   "ONTO moved about": "62%"
  },
  {
   "window": "3 months",
   "Fund": "\u221210.3%",
   "ONTO": "+6.6%",
   "+2x the move": "+13.1%",
   "Difference": "\u221223.4 pts",
   "ONTO moved about": "86%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221220.1%",
   "ONTO": "+1.7%",
   "+2x the move": "+3.4%",
   "Difference": "\u221223.6 pts",
   "ONTO moved about": "91%"
  }
 ],
 "questions": [
  {
   "q": "Did ONTX return +2 times ONTO?",
   "a": "Over the window to Oct 2, 2026, ONTO moved +6.6% and ONTX returned \u221210.3%. 2 times that move is +13.1%, so the fund came out 23.4 points short of it."
  },
  {
   "q": "Why does ONTX not return +2 times over a year?",
   "a": "Because it resets daily. ONTX 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)."
}