Key Highlights

  • NVTC fell 14.44% to $5.91 as screened on Friday, October 23, 2026, near twice Navitas's 7.31% close drop on October 22, which is 14.62% (calculated).
  • Four funds fell by an average of about 14.1% and four rose by about 9.6% (calculated).
  • CRWC gained 10.71% to $37.96, the largest advance, implying CrowdStrike rose near 5.4% (calculated).
  • FBX charges 0.20%, the lowest of the eight funds, against 0.50% for SK and 0.45% for the rest.
  • Navitas and MARA report on November 3, and SK hynix on October 28 or 29.

Which Corgi 2x Daily ETFs on Navitas, ASML, Meta, MARA, SK hynix, AXT, CrowdStrike and Stride Moved on Friday, October 23, 2026?

Four Corgi funds fell and four rose on Friday, October 23, 2026, as screened. Corgi NVTS 2x Daily ETF (CBOE:NVTC) fell 14.44% to $5.91, Corgi META 2x Daily ETF (CBOE:FBX) 14.19% to $31.89, Corgi MARA 2x Daily ETF (CBOE:MHX) 13.92% to $6.87 and Corgi ASML 2x Daily ETF (CBOE:ASMZ) 13.76% to $15.58. Corgi CRWD 2x Daily ETF (CBOE:CRWC) rose 10.71% to $37.96, Corgi AXTI 2x Daily ETF (CBOE:AXTC) 9.34% to $9.06, Corgi LRN 2x Daily ETF (CBOE:LRNX) 9.27% to $20.96 and Corgi SK hynix 2x Daily ETF (CBOE:SK) 9.04% to $15.02. Each targets twice one day's stock return.

NVTC: Why Did the 2x Navitas Fund Fall 14.44% as the Stock Slid Back Below $9?

Navitas Semiconductor (NASDAQ:NVTS) closed down 7.31% at $8.49 on Thursday, October 22, and doubling that gives 14.62% (calculated), near NVTC's fall. The company makes gallium nitride and silicon carbide power chips, guided third-quarter revenue to $13.5 million and reports on November 3. Over the stock's last six sessions it lost 9.24% while a hypothetical 2x daily fund would lose 19.36% before fees (calculated).

ASMZ: Why Is the 2x ASML Fund Down 13.76% Despite a Record Quarter?

ASML Holding (NASDAQ:ASML) closed down 6.93% at $1,560.54 on October 22 after record quarterly sales of 11.7 billion euros, and ASMZ's fall implies about 6.88% (calculated). Fourth-quarter sales are guided to 14.2 billion to 15.2 billion euros. Equipment peers fell the same day, with Lam Research (NASDAQ:LRCX) down 11.76%. The shares go ex-dividend on October 27, with 1.88 euros payable on November 4.

FBX: Why Did the 2x Meta Fund Fall 14.19% After a $9.89 Billion Legal Charge?

Meta (NASDAQ:META) closed down 6.98% at $648.85 on October 22 after third-quarter revenue rose 26% to $64.60 billion. A $9.89 billion legal charge and capital spending of $34.91 billion pushed free cash flow to negative $2.12 billion. FBX's fall implies about 7.1% (calculated). The company narrowed 2026 capital spending to $135 billion to $145 billion and approved a non-voting Class C stock.

MHX: Did Bitcoin Under $80,000 Drive the 2x MARA Fund Down 13.92%?

MARA Holdings (NASDAQ:MARA) closed down 6.93% at $7.25 on October 22 as bitcoin dipped under $80,000 for the first time in about a month, and MHX's fall implies about 7% (calculated). Second-quarter revenue fell 27% to $174.9 million, with a net loss of $611.3 million. The stock needs a gain of about 7.5% to recover its drop, but MHX needs about 16.2% (calculated).

SK: Why Did the 2x SK hynix Fund Gain 9.04% as Memory Stocks Rebounded?

SK hynix (NASDAQ:SKHY) shares gained about 4.4% to $137.44 in early trading after reports that the company shelved a Solidigm IPO plan, and SK's gain implies about 4.5% (calculated). A research firm ranked the company first in high-bandwidth memory revenue with a 50% share in the second quarter. Analysts expect record third-quarter operating profit near 76.964 trillion won, with results due October 28 or 29.

AXTC: Is the 9.34% Rebound Just AXT Bouncing Back?

AXT (NASDAQ:AXTI) makes substrate wafers from indium phosphide, gallium arsenide and germanium. AXTC's gain implies about 4.7% for the shares (calculated), after other AXT funds implied a drop of about 12% to 13% on Thursday. AXTC closed at $35.08 on August 7 and is down about 74% since (calculated). Second-quarter revenue was $47.6 million against $18.0 million a year earlier.

CRWC: Is a Cybersecurity Rebound Behind the 10.71% Jump in the 2x CrowdStrike Fund?

CrowdStrike (NASDAQ:CRWD) closed at $237.94 on October 22, down 0.58%, and CRWC's gain implies about 5.4% (calculated). Five other leveraged cybersecurity and cloud funds also rose, which points to a group rebound. For the quarter ended July 31, revenue was $1.47 billion, up 26%, and net new annual recurring revenue was a record $332.8 million. Fortinet (NASDAQ:FTNT) reports on October 28.

LRNX: Why Did the 2x Stride Fund Rise 9.27% After Mixed Results?

Stride (NYSE:LRN) runs online public schools and career-learning programs. LRNX's gain implies a rise near 4.6% (calculated), with no new company announcement dated October 22 or 23. First-quarter revenue rose 3.0% to $639.4 million while enrollments fell 2.5%, and the shares closed at $76.39 on October 21, down 3.24% after results. An investor cooperation agreement on October 9 added two directors.

Corgi Part Two Compared: How Do the Fallers, Risers and Fees Differ?

The four fallers averaged about 14.1% and the four risers about 9.6% (calculated). Doubling the underlying stocks' October 22 closing declines gives 14.62% for Navitas, 13.86% for ASML, 13.96% for Meta and 13.86% for MARA, within 0.23 percentage points of the screened fund moves (calculated). Among the risers, the range from 10.71% to 9.04% is 1.67 points (calculated).

Compounding widens the gap over several sessions. NVTC's hypothetical 19.36% six-session loss is about 2.10 times the stock's 9.24%, and the ASML equivalent of 11.15% is about 2.05 times 5.43% (calculated). FBX has the lowest fee at 0.20%, against 0.50% for SK.

What to Watch Next: Fed, Microsoft and Fortinet on October 28, Navitas and MARA on November 3

The Federal Reserve meets on October 27 and 28, and Robinhood (NASDAQ:HOOD) reports on October 27. Microsoft (NASDAQ:MSFT) and Fortinet report on October 28, SK hynix on October 28 or 29 and Coinbase Global (NASDAQ:COIN) on October 29. Navitas and MARA are due on November 3, and ASML pays its dividend on November 4. Daily-reset funds can lose value quickly and are not designed for long holding periods. This article is informational only.