Data as of .
ASTT vs ASTY: which held to its multiple?
Over the days both have traded, ASTT finished 0.3 points from its stated multiple and ASTY 0.7.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| ASTT | ASTY | ASTT | ASTY | ASTT | ASTY | |
| 1 month | −38.6% | −39.6% | −38.9% | −38.9% | +0.3 pts | −0.7 pts |
| 3 months | not published | −62.0% | not published | −54.7% | not published | −7.2 pts |
| Since launch | −62.7% | −76.0% | −65.3% | −75.6% | +2.6 pts | −0.4 pts |
| ASTT Corgi ASTS 2x 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 | Corgi | Defiance |
| Sets out to return | +2x | +2x |
| On | ASTS | ASTS |
| Segment | company | company |
| Fund returned, 3 months | −38.6% | −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 | +0.3 pts | −7.2 pts |
| Fund returned, 1 year or since launch | −62.7% | −76.0% |
| Difference from stated, over that window | +2.6 pts | −0.4 pts |
| Underlying volatility | 74% | 98% |
| Difference over the days both have traded | +0.3 pts | −0.7 pts |
| Expense ratio | 0.45% | 1.31% |
| Launched | Jun 30, 2026 | May 21, 2026 |
ASTT in plain words
One month to Sep 11, 2026: ASTT returned −38.6% where its own daily promise gave −38.1%, 0.5 points short. Read the multiple against the whole window instead and +2 times ASTS's −19.4% implies −38.9%, which makes ASTT look 0.3 points over. 0.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ASTT 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, ASTT or ASTY?
- Over the window to Sep 11, 2026, ASTT finished 0.3 points from what its multiple implies and ASTY finished 7.2 points from its own, so ASTT came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are ASTT and ASTY levered on the same thing?
- Yes. Both are levered on ASTS, ASTT at +2 times and ASTY at +2 times the daily move.
- Which one decays faster, ASTT or ASTY?
- Decay follows how much the underlying moves about. Over this window ASTT’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 ASTT 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, ASTT or ASTY?
- ASTT charges 0.45% a year and ASTY charges 1.31%, so ASTT 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.
Cite this page. ETFIQ, ASTT against ASTY, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ASTT-ASTY Free to use with attribution; the underlying files are at Open data.