# PATX (Tradr 2X Long PATH Daily ETF)

Tradr · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: PATX returned +6.3% where its own daily promise gave +10.2%, 3.9 points short.

## Key facts

- PATX, what PATH did: +12.0%, as of Oct 2, 2026.
- PATX, what 2 times a day gives: +10.2%, as of Oct 2, 2026.
- PATX, what the fund returned: +6.3%, as of Oct 2, 2026.
- PATX, the fund itself cost: −3.9 pts, as of Oct 2, 2026.
- PATX, net assets: $4m (the issuer’s own daily fund list, as of Oct 2, 2026).
- PATX, expense ratio: 1.49% (485BPOS XBRL, Jan 12, 2026).

## PATX over each window to Oct 2, 2026

| Window | Fund | PATH | +2x the move | Difference | PATH moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −50.5% | −27.1% | −54.1% | +3.6 pts | 74% |
| 3 months | +6.3% | +12.0% | +24.1% | −17.8 pts | 68% |
| 6 months | +3.2% | +16.7% | +33.5% | −30.2 pts | 63% |
| Since launch | −54.9% | −17.9% | −35.7% | −19.2 pts | 62% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of PATH, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +0.52 times, against +2 stated | ETFIQ |
| Underlying | PATH | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $4m | the issuer’s own daily fund list, as of Oct 2, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jan 12, 2026 |
| Launched | Jan 13, 2026 | ETFIQ |
| Underlying volatility over the window | 68% annualized | ETFIQ |

## Questions

### Did PATX return +2 times PATH?

Over the window to Oct 2, 2026, PATH moved +12.0% and PATX returned +6.3%. 2 times that move is +24.1%, so the fund came out 17.8 points short of it.

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

Because it resets daily. PATX 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.


## Cite this page

ETFIQ, PATX, data as of Oct 2, 2026. https://etfiq.com/funds/patx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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