Which came closer to its stated multiple, ALA or LABX?

Over the window to Sep 11, 2026, ALA finished 5.1 points from what its multiple implies and LABX finished 11.9 points from its own, so ALA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are ALA and LABX levered on the same thing?

Yes. Both are levered on ALAB, ALA at +2 times and LABX at +2 times the daily move.

Which one decays faster, ALA or LABX?

Decay follows how much the underlying moves about. Over this window ALA’s moved at 66% annualized and LABX’s at 104%, so LABX has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold ALA or LABX for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

ALA vs LABX: which held to its multiple?

Over the days both have traded, ALA finished 5.1 points from its stated multiple and LABX 3.5.

Corgi ALAB 2x Daily ETF and Tradr 2X Long ALAB Daily ETF, side by side, leveraged ETFs on ETFIQ.

−58.8%ALA returned, 3 months

−53.2%LABX returned, 3 months

+0.2 ptsALA from its stated multiple

−11.9 ptsLABX from its stated multiple

ALA5.1 pts short of its label · 1 month to Sep 11, 2026

LABX11.9 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

ALA and LABX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	ALA	LABX	ALA	LABX	ALA	LABX
1 month	−22.4%	−20.8%	−17.3%	−17.3%	−5.1 pts	−3.5 pts
3 months	not published	−53.2%	not published	−41.4%	not published	−11.9 pts
6 months	not published	+234.6%	not published	not meaningful	not published	not meaningful
1 year	not published	−47.1%	not published	+50.1%	not published	−97.2 pts
Since launch	−58.8%	−25.6%	−59.0%	+103.4%	+0.2 pts	−129.0 pts

Open the live comparison on ETFIQ

ALA and LABX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	ALA Corgi ALAB 2x Daily ETF Aims to return twice the daily move of ALAB	LABX Tradr 2X Long ALAB Daily ETF Aims to return twice the daily move of ALAB
Issuer	Corgi	Tradr
Sets out to return	+2x	+2x
On	ALAB	ALAB
Segment	company	company
Fund returned, 3 months	−22.4%	−53.2%
Underlying returned, 3 months	−8.7%	−20.7%
What the stated multiple implies, 3 months	−17.3%	−41.4%
Difference from stated, 3 months	−5.1 pts	−11.9 pts
Fund returned, 1 year or since launch	−58.8%	−47.1%
Difference from stated, over that window	+0.2 pts	−97.2 pts
Underlying volatility	66%	104%
Difference over the days both have traded	−5.1 pts	−3.5 pts
Expense ratio	not published	1.30%
Launched	Jul 10, 2026	Aug 12, 2025

ALA in plain words

One month to Sep 11, 2026: ALA returned −22.4% where its own daily promise gave −19.6%, 2.8 points short. Read the multiple against the whole window instead and +2 times ALAB's −8.7% implies −17.3%, which makes ALA look 5.1 points short. 2.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ALA aims to return +2 times ALAB's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. ALAB moved at 66% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

LABX in plain words

Three months to Sep 11, 2026: LABX returned −53.2% where its own daily promise gave −51.8%, 1.4 points short. Read the multiple against the whole window instead and +2 times ALAB's −20.7% implies −41.4%, which makes LABX look 11.9 points short. 10.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. LABX aims to return +2 times ALAB's move each day, then resets. ALAB moved at 104% annualized over that window.

Questions people ask

Which came closer to its stated multiple, ALA or LABX?: Over the window to Sep 11, 2026, ALA finished 5.1 points from what its multiple implies and LABX finished 11.9 points from its own, so ALA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ALA and LABX levered on the same thing?: Yes. Both are levered on ALAB, ALA at +2 times and LABX at +2 times the daily move.
Which one decays faster, ALA or LABX?: Decay follows how much the underlying moves about. Over this window ALA’s moved at 66% annualized and LABX’s at 104%, so LABX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ALA or LABX for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ALA against LABX, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ALA against LABX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ALA-LABX Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources