# TAJX (Corgi India 2x Daily ETF)

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

Three months to Sep 30, 2026: TAJX returned −12.9% where its own daily promise gave −10.4%, 2.5 points short.

## Key facts

- TAJX, what INDA did: −5.1%, as of Sep 30, 2026.
- TAJX, what 2 times a day gives: −10.4%, as of Sep 30, 2026.
- TAJX, what the fund returned: −12.9%, as of Sep 30, 2026.
- TAJX, the fund itself cost: −2.5 pts, as of Sep 30, 2026.
- TAJX, net assets: $338,623 (the issuer’s own daily fund list, as of Sep 30, 2026).
- TAJX, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).

## TAJX over each window to Sep 30, 2026

| Window | Fund | INDA | +2x the move | Difference | INDA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −12.8% | −6.1% | −12.2% | −0.6 pts | 13% |
| 3 months | −12.9% | −5.1% | −10.3% | −2.6 pts | 13% |
| Since launch | −7.0% | −1.4% | −2.9% | −4.2 pts | 13% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of INDA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.5 times, against +2 stated | ETFIQ |
| Underlying | INDA | ETFIQ |
| Segment | sector or country, country | ETFIQ |
| Net assets | $338,623 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, May 28, 2026 |
| Launched | Jun 3, 2026 | ETFIQ |
| Underlying volatility over the window | 13% annualized | ETFIQ |

## Questions

### Did TAJX return +2 times INDA?

Over the window to Sep 30, 2026, INDA moved −5.1% and TAJX returned −12.9%. 2 times that move is −10.3%, so the fund came out 2.6 points short of it.

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

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

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