{
 "ticker": "TPLX",
 "name": "Corgi TPL 2x Daily ETF",
 "issuer": "Corgi",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/tplx",
 "html": "https://etfiq.com/funds/tplx",
 "markdown": "https://etfiq.com/funds/tplx.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: TPLX returned \u221234.9% where its own daily promise gave \u221233.2%, 1.6 points short.",
 "key_facts": [
  {
   "key": "what_tpl_did",
   "label": "What TPL did",
   "value": "\u221216.3%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "TPLX, what TPL did: \u221216.3%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221233.2%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "TPLX, what 2 times a day gives: \u221233.2%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221234.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "TPLX, what the fund returned: \u221234.9%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.6 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "TPLX, the fund itself cost: \u22121.6 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$388,037",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "TPLX, net assets: $388,037 (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": "TPLX, 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 TPL, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.14 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "TPL",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$388,037",
   "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": "42% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221216.1%",
   "TPL": "\u22127.4%",
   "+2x the move": "\u221214.8%",
   "Difference": "\u22121.4 pts",
   "TPL moved about": "44%"
  },
  {
   "window": "3 months",
   "Fund": "\u221234.9%",
   "TPL": "\u221216.3%",
   "+2x the move": "\u221232.6%",
   "Difference": "\u22122.2 pts",
   "TPL moved about": "42%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221225.9%",
   "TPL": "\u22129.8%",
   "+2x the move": "\u221219.5%",
   "Difference": "\u22126.4 pts",
   "TPL moved about": "45%"
  }
 ],
 "questions": [
  {
   "q": "Did TPLX return +2 times TPL?",
   "a": "Over the window to Oct 2, 2026, TPL moved \u221216.3% and TPLX returned \u221234.9%. 2 times that move is \u221232.6%, so the fund came out 2.2 points short of it."
  },
  {
   "q": "Why does TPLX not return +2 times over a year?",
   "a": "Because it resets daily. TPLX 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)."
}