Data as of .
BEG vs BEX: which held to its multiple?
Over the days both have traded, BEG finished 5.0 points from its stated multiple and BEX 5.0.
ETFIQ Decay Resistance Score: BEX scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| BEG | BEX | BEG | BEX | BEG | BEX | |
| 1 month | +27.6% | +27.5% | +32.5% | +32.5% | −5.0 pts | −5.0 pts |
| 3 months | −24.6% | −22.9% | +11.9% | +11.9% | −36.5 pts | −34.8 pts |
| 6 months | +56.8% | not published | +156.9% | not published | −100.1 pts | not published |
| Since launch | +264.8% | −46.0% | not meaningful | −17.6% | not meaningful | −28.4 pts |
| BEG Leverage Shares 2X Long BE Daily ETF Aims to return twice the daily move of BE | BEX Tradr 2X Long BE Daily ETF Aims to return twice the daily move of BE | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | BE | BE |
| Segment | company | company |
| Fund returned, 3 months | −24.6% | −22.9% |
| Underlying returned, 3 months | +6.0% | +6.0% |
| What the stated multiple implies, 3 months | +11.9% | +11.9% |
| Difference from stated, 3 months | −36.5 pts | −34.8 pts |
| Fund returned, 1 year or since launch | +264.8% | −46.0% |
| Difference from stated, over that window | not available | −28.4 pts |
| Underlying volatility | 119% | 119% |
| Difference over the days both have traded | −5.0 pts | −5.0 pts |
| Expense ratio | 0.75% | 1.30% |
| Launched | Dec 16, 2025 | May 26, 2026 |
BEG in plain words
Three months to Sep 11, 2026: BEG returned −24.6% where its own daily promise gave −20.7%, 3.8 points short. Read the multiple against the whole window instead and +2 times BE's 6.0% implies +11.9%, which makes BEG look 36.5 points short. 32.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. BEG aims to return +2 times BE'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. BE moved at 119% 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.
BEX in plain words
Three months to Sep 11, 2026: BEX returned −22.9% where its own daily promise gave −20.7%, 2.1 points short. Read the multiple against the whole window instead and +2 times BE's 6.0% implies +11.9%, which makes BEX look 34.8 points short. BEX aims to return +2 times BE's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, BEG or BEX?
- Over the window to Sep 11, 2026, BEG finished 36.5 points from what its multiple implies and BEX finished 34.8 points from its own, so BEX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are BEG and BEX levered on the same thing?
- Yes. Both are levered on BE, BEG at +2 times and BEX at +2 times the daily move.
- Which one decays faster, BEG or BEX?
- Decay follows how much the underlying moves about. Over this window BEG’s moved at 119% annualized and BEX’s at 119%, so BEG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold BEG or BEX 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, BEG or BEX?
- BEG charges 0.75% a year and BEX charges 1.30%, so BEG 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, BEG against BEX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/BEG-BEX Free to use with attribution; the underlying files are at Open data.