Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

CURE vs XLVX: which held to its multiple?

Over three months against its own daily promise, CURE finished 3.0 points short and XLVX 2.0 points short.

Direxion Daily Healthcare Bull 3X ETF and Corgi U.S. Healthcare 2x Daily ETF, side by side, leveraged ETFs on ETFIQ.

+19.5%CURE returned, 3 months
+13.5%XLVX returned, 3 months
−4.4 ptsCURE from its stated multiple
−2.5 ptsXLVX from its stated multiple

ETFIQ Decay Resistance Score: XLVX scores higher

Did it keep up with its own daily multiple, compounded day by day?

CURE 37XLVX 70.30.1, the lowest in this set99.9, the highest

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

CURE4.4 pts short of its label · 3 months to Sep 11, 2026
XLV +8.0% ×3 implies+23.9%CURE returned+19.5%XLV +8.0% ×3 implies+23.9%CURE returned+19.5%
XLVX2.5 pts short of its label · 3 months to Sep 11, 2026
XLV +8.0% ×2 implies+16.0%XLVX returned+13.5%XLV +8.0% ×2 implies+16.0%XLVX returned+13.5%

Performance, window by window

CURE and XLVX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
CUREXLVXCUREXLVXCUREXLVX
1 month−7.0%−4.5%−5.5%−3.7%−1.5 pts−0.8 pts
3 months+19.5%+13.5%+23.9%+16.0%−4.4 pts−2.5 pts
6 months+25.4%not published+34.0%not published−8.6 ptsnot published
1 year+46.5%not published+61.2%not published−14.7 ptsnot published
3 years+30.8%not published+92.7%not published−61.9 ptsnot published
Since launch+2637.9%+22.7%not meaningful+25.1%not meaningful−2.5 pts
Open the live comparison on ETFIQ
CURE and XLVX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
CURE
Direxion Daily Healthcare Bull 3X ETF
Aims to return three times the daily move of health care (XLV)
XLVX
Corgi U.S. Healthcare 2x Daily ETF
Aims to return twice the daily move of health care (XLV)
IssuerDirexionCorgi
Sets out to return+3x+2x
OnXLVXLV
Segmentsectorsector
Fund returned, 3 months+19.5%+13.5%
Underlying returned, 3 months+8.0%+8.0%
What the stated multiple implies, 3 months+23.9%+16.0%
Difference from stated, 3 months−4.4 pts−2.5 pts
Fund returned, 1 year or since launch+46.5%+22.7%
Difference from stated, over that window−14.7 pts−2.5 pts
Underlying volatility19%19%
Difference over the days both have tradedno shared window−2.5 pts
Expense ratio0.94%0.45%
LaunchedJun 15, 2011Jun 3, 2026

CURE in plain words

Three months to Sep 11, 2026: CURE returned +19.5% where its own daily promise gave +22.5%, 3.0 points short. Read the multiple against the whole window instead and +3 times XLV's 8.0% implies +23.9%, which makes CURE look 4.4 points short. 1.4 of that is daily compounding, which happens to any +3 times fund over the same path, and the rest is the fund. CURE aims to return +3 times XLV's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +3 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. XLV moved at 19% 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.

XLVX in plain words

Three months to Sep 11, 2026: XLVX returned +13.5% where its own daily promise gave +15.5%, 2.0 points short. Read the multiple against the whole window instead and +2 times XLV's 8.0% implies +16.0%, which makes XLVX look 2.5 points short. 0.4 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. XLVX aims to return +2 times XLV'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, CURE or XLVX?
Over the window to Sep 11, 2026, CURE finished 4.4 points from what its multiple implies and XLVX finished 2.5 points from its own, so XLVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CURE and XLVX levered on the same thing?
Yes. Both are levered on health care, CURE at +3 times and XLVX at +2 times the daily move.
Which one decays faster, CURE or XLVX?
Decay follows how much the underlying moves about. Over this window CURE’s moved at 19% annualized and XLVX’s at 19%, so CURE has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CURE or XLVX 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, CURE or XLVX?
CURE charges 0.94% a year and XLVX charges 0.45%, so XLVX 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.

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

How every figure is computed · Standards and sources