Key Highlights

  • CAMC fell 21.32% to $10.04 on Friday, October 23, 2026, implying Camtek lost about 10.7% (calculated).
  • All eight funds fell, from 21.32% for CAMC to 14.71% for ARMA, an average of about 18.2% (calculated).
  • Lam Research closed down 11.76% and Applied Materials 8.16% on Thursday, October 22.
  • After a 21.32% loss, CAMC needs a gain of about 27.1% to return to its prior level (calculated).
  • Amkor and Rambus report on October 26, and Monolithic Power on October 29.

Why Did the Corgi 2x Daily ETFs on Chip Equipment and Design Names Fall on Friday, October 23, 2026?

Eight Corgi funds fell on Friday, October 23, 2026, as screened, in the wake of Thursday's sell-off in semiconductor equipment shares. Corgi CAMT 2x Daily ETF (CBOE:CAMC) fell 21.32% to $10.04, Corgi AMKR 2x Daily ETF (CBOE:AMKX) 21.22% to $5.78 and Corgi BE 2x Daily ETF (CBOE:BEC) 21.06% to $8.21. Corgi MPWR 2x Daily ETF (CBOE:MPWC) dropped 17.88% to $16.65, Corgi KEYS 2x Daily ETF (CBOE:KEYX) 17.79% to $17.49 and Corgi AMAT 2x Daily ETF (CBOE:APMI) 16.14% to $8.64. Corgi RMBS 2x Daily ETF (CBOE:RMBC) lost 15.20% to $9.09 and Corgi ARM 2x Daily ETF (CBOE:ARMA) 14.71% to $7.30. Each targets twice one day's stock return.

CAMC: Why Did a 2x Camtek Fund Lose 21.32% After Record Numbers?

Camtek (NASDAQ:CAMT) makes inspection and metrology equipment for wafers and advanced packages. On October 14 it pre-announced record third-quarter revenue of $160 million to $161 million, up 27%, and guided fourth-quarter revenue to about $180 million. CAMC's fall implies a stock decline near 10.7% (calculated), with no Camtek announcement identified. The likely backdrop is the sector sell-off, when Lam Research (NASDAQ:LRCX) closed down 11.76% on October 22. Full results come on Wednesday, November 4.

AMKX: What Is Weighing on Amkor Days Before Its October 26 Report?

Amkor Technology (NASDAQ:AMKR) provides outsourced chip packaging and test services. AMKX's fall implies a stock drop near 10.6% (calculated), days before results on Monday, October 26. Third-quarter guidance is net sales of $1.95 billion to $2.05 billion and earnings of $0.72 to $0.82 a share. On October 21 the shares traded up 4.05% after an agreement tied to Nvidia (NASDAQ:NVDA) for about $1.3 billion of added packaging capacity in South Korea, and KLA (NASDAQ:KLAC) closed down 9.55% on October 22.

BEC: Why Did the 2x Bloom Energy Fund Drop 21.06%?

Bloom Energy (NYSE:BE) reported third-quarter revenue up 138.1% to $1,235.8 million on Thursday, October 22, but operating cash flow was negative $27.1 million. BEC's fall implies a stock decline near 10.5% (calculated). Launched on June 29, 2026, it charges 0.45%, the lowest of the four funds on the stock, and its net assets of about $1.4 million can mean wider spreads.

MPWC: Why Is Monolithic Power Falling After Record AI Power Sales?

Monolithic Power Systems (NASDAQ:MPWR) makes power management chips. Second-quarter revenue was a record $980.6 million, up 47.6%, and enterprise data revenue reached $380.6 million, 38.8% of the total. MPWC's fall implies a stock decline near 8.9% (calculated), with no company announcement identified. Third-quarter revenue is guided to $1.14 billion to $1.16 billion, with results on Thursday, October 29. MPWC sits about 38.7% below its $27.16 level of October 7 (calculated).

KEYX: Why Is Keysight Sliding Despite Orders Above $2 Billion?

Keysight Technologies (NYSE:KEYS) makes electronic test and measurement systems. Fiscal third-quarter revenue rose 36% to $1.85 billion, and orders of $2.09 billion were about 56% above a year earlier (calculated). KEYX's fall implies a stock decline near 8.9% (calculated), with no Keysight announcement identified. Fourth-quarter revenue is guided to $1.93 billion to $1.95 billion for the quarter ending October 31.

APMI: Does the Fund Move Match Applied Materials' October 22 Fall?

Applied Materials (NASDAQ:AMAT) closed down 8.16% at $375.58 on Thursday, October 22, and twice that is about 16.3% (calculated), close to APMI's 16.14% fall. Fiscal third-quarter revenue was a record $9.12 billion, up 25%, and fourth-quarter revenue is guided to about $10.25 billion, plus or minus $500 million. The company reports on Thursday, November 12.

RMBC: Why Is Rambus Under Pressure Ahead of Its October 26 Report?

Rambus (NASDAQ:RMBS) makes memory interface chips and silicon intellectual property. RMBC's fall implies a stock decline near 7.6% (calculated), three days before the report after the close on Monday, October 26. Second-quarter revenue was a record $207.4 million, and third-quarter revenue is guided to $210 million to $216 million, only 2.7% above the second quarter at the midpoint (calculated). The shares fell about 10.8% after the first-quarter report.

ARMA: Why Did a 7.28% Fall in Arm Become a 14.71% Fund Loss?

Arm Holdings (NASDAQ:ARM) closed down 7.28% at $210.10 on October 22, and doubling that gives 14.56% (calculated), close to ARMA's 14.71%. The shares are down 11.73% since October 14, when a jury found for Arm on four claims in its dispute with Qualcomm (NASDAQ:QCOM). Compounding six sessions at 2x from October 15 to October 22 gives about minus 23.18% against minus 11.73% for the stock (calculated).

Corgi Part One Compared: How Do the Drops, Sizes and Recovery Math Differ?

The eight moves span 6.61 percentage points, from 21.32% for CAMC to 14.71% for ARMA (calculated). Implied stock moves range from about 10.7% to about 7.4% (calculated). All eight charge 0.45%, so fees do not explain the gap. APMI's implied stock move of about 8.1% and ARMA's of about 7.4% sit within 0.1 percentage points of the October 22 closing declines of 8.16% for Applied Materials and 7.28% for Arm (calculated), which is why the screened moves are best read as tracking Thursday's session.

Asset bases are small. AMKX held about $115.10 thousand against about $1.4 million for BEC, roughly 12 times as much (calculated). Recovering a 21.32% loss takes a 27.1% gain, against 17.9% after RMBC's 15.20% loss (calculated).

What to Watch Next: Amkor and Rambus on October 26, Monolithic Power on October 29

Amkor and Rambus report after the close on Monday, October 26, and the Federal Reserve meets on October 28. Monolithic Power reports on Thursday, October 29, Camtek and Arm on Wednesday, November 4, and Applied Materials on Thursday, November 12. Daily-reset funds can lose value quickly and are not designed for long holding periods. This article is informational only.