# SIMX (Corgi SIMO 2x Daily ETF)

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

Three months to Oct 2, 2026: SIMX returned −34.5% where its own daily promise gave −31.9%, 2.6 points short.

## Key facts

- SIMX, what SIMO did: −6.5%, as of Oct 2, 2026.
- SIMX, what 2 times a day gives: −31.9%, as of Oct 2, 2026.
- SIMX, what the fund returned: −34.5%, as of Oct 2, 2026.
- SIMX, the fund itself cost: −2.6 pts, as of Oct 2, 2026.
- SIMX, net assets: $2m (the issuer’s own daily fund list, as of Oct 2, 2026).
- SIMX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## SIMX over each window to Oct 2, 2026

| Window | Fund | SIMO | +2x the move | Difference | SIMO moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +23.9% | +15.7% | +31.3% | −7.4 pts | 84% |
| 3 months | −34.5% | −6.5% | −13.1% | −21.4 pts | 98% |
| Since launch | −43.4% | −12.6% | −25.3% | −18.2 pts | 97% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SIMO, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +5.27 times, against +2 stated | ETFIQ |
| Underlying | SIMO | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | the issuer’s own daily fund list, as of Oct 2, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 24, 2026 | ETFIQ |
| Underlying volatility over the window | 98% annualized | ETFIQ |

## Questions

### Did SIMX return +2 times SIMO?

Over the window to Oct 2, 2026, SIMO moved −6.5% and SIMX returned −34.5%. 2 times that move is −13.1%, so the fund came out 21.4 points short of it.

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

Because it resets daily. SIMX 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, SIMX, data as of Oct 2, 2026. https://etfiq.com/funds/simx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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