# XBIX (Corgi U.S. Biotech 2x Daily ETF)

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

Three months to Sep 30, 2026: XBIX returned −3.1% where its own daily promise gave −0.6%, 2.5 points short.

## Key facts

- XBIX, what XBI did: +0.7%, as of Sep 30, 2026.
- XBIX, what 2 times a day gives: −0.6%, as of Sep 30, 2026.
- XBIX, what the fund returned: −3.1%, as of Sep 30, 2026.
- XBIX, the fund itself cost: −2.5 pts, as of Sep 30, 2026.
- XBIX, net assets: $535,942 (the issuer’s own daily fund list, as of Sep 30, 2026).
- XBIX, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).

## XBIX over each window to Sep 30, 2026

| Window | Fund | XBI | +2x the move | Difference | XBI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −6.8% | −3.0% | −5.9% | −0.9 pts | 24% |
| 3 months | −3.1% | +0.7% | +1.4% | −4.6 pts | 29% |
| Since launch | +39.1% | +21.6% | +43.1% | −4.1 pts | 30% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of XBI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | XBI moved +0.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | XBI | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $535,942 | 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 | 29% annualized | ETFIQ |

## Questions

### Did XBIX return +2 times XBI?

Over the window to Sep 30, 2026, XBI moved +0.7% and XBIX returned −3.1%. 2 times that move is +1.4%, so the fund came out 4.6 points short of it.

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

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

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