# XIWC (Corgi U.S. Micro-Cap 2x Daily ETF)

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

Three months to Oct 2, 2026: XIWC returned −14.1% where its own daily promise gave −10.9%, 3.2 points short.

## Key facts

- XIWC, what IWC did: −5.3%, as of Oct 2, 2026.
- XIWC, what 2 times a day gives: −10.9%, as of Oct 2, 2026.
- XIWC, what the fund returned: −14.1%, as of Oct 2, 2026.
- XIWC, the fund itself cost: −3.2 pts, as of Oct 2, 2026.
- XIWC, net assets: $339,067 (the issuer’s own daily fund list, as of Oct 2, 2026).
- XIWC, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).

## XIWC over each window to Oct 2, 2026

| Window | Fund | IWC | +2x the move | Difference | IWC moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −9.0% | −3.8% | −7.6% | −1.4 pts | 14% |
| 3 months | −14.1% | −5.3% | −10.6% | −3.5 pts | 16% |
| Since launch | −5.6% | +0.2% | +0.3% | −5.9 pts | 20% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of IWC, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.66 times, against +2 stated | ETFIQ |
| Underlying | IWC | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Net assets | $339,067 | the issuer’s own daily fund list, as of Oct 2, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, May 28, 2026 |
| Launched | Jun 3, 2026 | ETFIQ |
| Underlying volatility over the window | 16% annualized | ETFIQ |

## Questions

### Did XIWC return +2 times IWC?

Over the window to Oct 2, 2026, IWC moved −5.3% and XIWC returned −14.1%. 2 times that move is −10.6%, so the fund came out 3.5 points short of it.

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

Because it resets daily. XIWC 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, XIWC, data as of Oct 2, 2026. https://etfiq.com/funds/xiwc
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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