Which came closer to its stated multiple, ASTG or ASTY?

Over the window to Sep 11, 2026, ASTG finished 0.8 points from what its multiple implies and ASTY finished 7.2 points from its own, so ASTG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are ASTG and ASTY levered on the same thing?

Yes. Both are levered on ASTS, ASTG at +2 times and ASTY at +2 times the daily move.

Which one decays faster, ASTG or ASTY?

Decay follows how much the underlying moves about. Over this window ASTG’s moved at 74% annualized and ASTY’s at 98%, so ASTY has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold ASTG or ASTY 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.

Which is cheaper, ASTG or ASTY?

ASTG charges 0.99% a year and ASTY charges 1.31%, so ASTG is cheaper. Fees come from each fund's prospectus.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

ASTG vs ASTY: which held to its multiple?

Over the days both have traded, ASTG finished 0.8 points from its stated multiple and ASTY 0.7.

Leverage Shares 2X Long ASTS Daily ETF and Defiance Daily Target 2X Long ASTS ETF, side by side, leveraged ETFs on ETFIQ.

−49.5%ASTG returned, 3 months

−62.0%ASTY returned, 3 months

−13.8 ptsASTG from its stated multiple

−7.2 ptsASTY from its stated multiple

ASTG0.8 pts short of its label · 1 month to Sep 11, 2026

ASTY7.2 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

ASTG and ASTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	ASTG	ASTY	ASTG	ASTY	ASTG	ASTY
1 month	−39.7%	−39.6%	−38.9%	−38.9%	−0.8 pts	−0.7 pts
3 months	not published	−62.0%	not published	−54.7%	not published	−7.2 pts
Since launch	−49.5%	−76.0%	−35.7%	−75.6%	−13.8 pts	−0.4 pts

Open the live comparison on ETFIQ

ASTG and ASTY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	ASTG Leverage Shares 2X Long ASTS Daily ETF Aims to return twice the daily move of ASTS	ASTY Defiance Daily Target 2X Long ASTS ETF Aims to return twice the daily move of ASTS
Issuer	Leverage Shares	Defiance
Sets out to return	+2x	+2x
On	ASTS	ASTS
Segment	company	company
Fund returned, 3 months	−39.7%	−62.0%
Underlying returned, 3 months	−19.4%	−27.4%
What the stated multiple implies, 3 months	−38.9%	−54.7%
Difference from stated, 3 months	−0.8 pts	−7.2 pts
Fund returned, 1 year or since launch	−49.5%	−76.0%
Difference from stated, over that window	−13.8 pts	−0.4 pts
Underlying volatility	74%	98%
Difference over the days both have traded	−0.8 pts	−0.7 pts
Expense ratio	0.99%	1.31%
Launched	Jun 23, 2026	May 21, 2026

ASTG in plain words

One month to Sep 11, 2026: ASTG returned −39.7% where its own daily promise gave −38.1%, 1.6 points short. Read the multiple against the whole window instead and +2 times ASTS's −19.4% implies −38.9%, which makes ASTG look 0.8 points short. 0.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ASTG aims to return +2 times ASTS'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. ASTS moved at 74% 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.

ASTY in plain words

Three months to Sep 11, 2026: ASTY returned −62.0% where its own daily promise gave −58.4%, 3.6 points short. Read the multiple against the whole window instead and +2 times ASTS's −27.4% implies −54.7%, which makes ASTY look 7.2 points short. 3.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ASTY aims to return +2 times ASTS's move each day, then resets. ASTS moved at 98% annualized over that window.

Questions people ask

Which came closer to its stated multiple, ASTG or ASTY?: Over the window to Sep 11, 2026, ASTG finished 0.8 points from what its multiple implies and ASTY finished 7.2 points from its own, so ASTG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ASTG and ASTY levered on the same thing?: Yes. Both are levered on ASTS, ASTG at +2 times and ASTY at +2 times the daily move.
Which one decays faster, ASTG or ASTY?: Decay follows how much the underlying moves about. Over this window ASTG’s moved at 74% annualized and ASTY’s at 98%, so ASTY has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ASTG or ASTY 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.
Which is cheaper, ASTG or ASTY?: ASTG charges 0.99% a year and ASTY charges 1.31%, so ASTG is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

ASTG against ASTY, 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, ASTG against ASTY, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ASTG-ASTY Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources