# UPSC (Corgi UPST 2x Daily ETF)

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

One month to Sep 30, 2026: UPSC returned −37.5% where its own daily promise gave −36.8%, 0.7 points short.

## Key facts

- UPSC, what UPST did: −19.8%, as of Sep 30, 2026.
- UPSC, what 2 times a day gives: −36.8%, as of Sep 30, 2026.
- UPSC, what the fund returned: −37.5%, as of Sep 30, 2026.
- UPSC, the fund itself cost: −0.7 pts, as of Sep 30, 2026.
- UPSC, net assets: $165,832 (the issuer’s own daily fund list, as of Sep 30, 2026).
- UPSC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## UPSC over each window to Sep 30, 2026

| Window | Fund | UPST | +2x the move | Difference | UPST moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −37.5% | −19.8% | −39.7% | +2.1 pts | 41% |
| Since launch | −54.0% | −29.8% | −59.6% | +5.6 pts | 48% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UPST, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.89 times, against +2 stated | ETFIQ |
| Underlying | UPST | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $165,832 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jul 10, 2026 | ETFIQ |
| Underlying volatility over the window | 41% annualized | ETFIQ |

## Questions

### Did UPSC return +2 times UPST?

Over the window to Sep 30, 2026, UPST moved −19.8% and UPSC returned −37.5%. 2 times that move is −39.7%, so the fund came out 2.1 points ahead of it.

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

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

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