Data as of .
BEG vs BEZ: which held to its multiple?
Over three months against its own daily promise, BEG finished 3.8 points short and BEZ 0.3 points over.
ETFIQ Decay Resistance Score: BEG 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 | BEZ | BEG | BEZ | BEG | BEZ | |
| 1 month | +27.6% | −35.5% | +32.5% | −32.5% | −5.0 pts | −2.9 pts |
| 3 months | −24.6% | −71.2% | +11.9% | −11.9% | −36.5 pts | −59.2 pts |
| 6 months | +56.8% | −96.6% | +156.9% | −156.9% | −100.1 pts | +60.3 pts |
| Since launch | +264.8% | −97.5% | not meaningful | −154.6% | not meaningful | +57.1 pts |
| BEG Leverage Shares 2X Long BE Daily ETF Aims to return twice the daily move of BE | BEZ Tradr 2X Short BE Daily ETF Aims to return twice the opposite of 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% | −71.2% |
| 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 | −59.2 pts |
| Fund returned, 1 year or since launch | +264.8% | −97.5% |
| Difference from stated, over that window | not available | +57.1 pts |
| Underlying volatility | 119% | 119% |
| Difference over the days both have traded | −5.0 pts | no shared window |
| Expense ratio | 0.75% | 1.49% |
| Launched | Dec 16, 2025 | Feb 11, 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.
BEZ in plain words
Three months to Sep 11, 2026: BEZ returned −71.2% where its own daily promise gave −71.5%, 0.3 points over. Read the multiple against the whole window instead and −2 times BE's 6.0% implies −11.9%, which makes BEZ look 59.2 points short. 59.6 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. BEZ aims to return -2 times BE's move each day, then resets. 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.
Questions people ask
- Which came closer to its stated multiple, BEG or BEZ?
- Over the window to Sep 11, 2026, BEG finished 36.5 points from what its multiple implies and BEZ finished 59.2 points from its own, so BEG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are BEG and BEZ levered on the same thing?
- Yes. Both are levered on BE, BEG at +2 times and BEZ at -2 times the daily move.
- Which one decays faster, BEG or BEZ?
- Decay follows how much the underlying moves about. Over this window BEG’s moved at 119% annualized and BEZ’s at 119%, so BEG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold BEG or BEZ 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 BEZ?
- BEG charges 0.75% a year and BEZ charges 1.49%, 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 BEZ, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/BEG-BEZ Free to use with attribution; the underlying files are at Open data.