# TPLX (Corgi TPL 2x Daily ETF)

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

Three months to Oct 2, 2026: TPLX returned −34.9% where its own daily promise gave −33.2%, 1.6 points short.

## Key facts

- TPLX, what TPL did: −16.3%, as of Oct 2, 2026.
- TPLX, what 2 times a day gives: −33.2%, as of Oct 2, 2026.
- TPLX, what the fund returned: −34.9%, as of Oct 2, 2026.
- TPLX, the fund itself cost: −1.6 pts, as of Oct 2, 2026.
- TPLX, net assets: $388,037 (the issuer’s own daily fund list, as of Oct 2, 2026).
- TPLX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## TPLX over each window to Oct 2, 2026

| Window | Fund | TPL | +2x the move | Difference | TPL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −16.1% | −7.4% | −14.8% | −1.4 pts | 44% |
| 3 months | −34.9% | −16.3% | −32.6% | −2.2 pts | 42% |
| Since launch | −25.9% | −9.8% | −19.5% | −6.4 pts | 45% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TPL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.14 times, against +2 stated | ETFIQ |
| Underlying | TPL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $388,037 | 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 | 42% annualized | ETFIQ |

## Questions

### Did TPLX return +2 times TPL?

Over the window to Oct 2, 2026, TPL moved −16.3% and TPLX returned −34.9%. 2 times that move is −32.6%, so the fund came out 2.2 points short of it.

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

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.


## Cite this page

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

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