# XQTM (Corgi Quantum Computing 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Oct 9, 2026

Three months to Oct 9, 2026: XQTM returned −41.8% where its own daily promise gave −39.9%, 1.9 points short.

## Key facts

- XQTM, what CQTM did: −19.6%, as of Oct 9, 2026.
- XQTM, what 2 times a day gives: −39.9%, as of Oct 9, 2026.
- XQTM, what the fund returned: −41.8%, as of Oct 9, 2026.
- XQTM, the fund itself cost: −1.9 pts, as of Oct 9, 2026.
- XQTM, net assets: $271,070 (the issuer’s own daily fund list, as of Oct 9, 2026).
- XQTM, expense ratio: 0.45% (485BPOS XBRL, May 28, 2026).

## XQTM over each window to Oct 9, 2026

| Window | Fund | CQTM | +2x the move | Difference | CQTM moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.7% | −6.5% | −13.0% | −1.7 pts | 33% |
| 3 months | −41.8% | −19.6% | −39.3% | −2.6 pts | 53% |
| Since launch | −58.5% | −31.7% | −63.5% | +4.9 pts | 53% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of CQTM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.13 times, against +2 stated | ETFIQ |
| Underlying | CQTM | ETFIQ |
| Segment | sector or country, theme | ETFIQ |
| Net assets | $271,070 | the issuer’s own daily fund list, as of Oct 9, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, May 28, 2026 |
| First traded | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 53% annualized | ETFIQ |

## Questions

### Did XQTM return +2 times CQTM?

Over the three months to Oct 9, 2026, CQTM moved −19.6% and XQTM returned −41.8%. 2 times that move is −39.3%, so the fund came out 2.6 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 1.9 points short.

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

Because it resets daily. XQTM 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, XQTM, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/xqtm
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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