Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DIG vs XLEX: which held to its multiple?

Over the days both have traded, DIG finished 1.1 points from its stated multiple and XLEX 3.1.

ProShares Ultra Energy and Corgi U.S. Energy 2x Daily ETF, side by side, leveraged ETFs on ETFIQ.

+26.9%DIG returned, 3 months
+24.9%XLEX returned, 3 months
−1.1 ptsDIG from its stated multiple
−3.1 ptsXLEX from its stated multiple

ETFIQ Decay Resistance Score: DIG scores higher

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

DIG 84.4XLEX 28.30.1, 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

DIG1.1 pts short of its label · 3 months to Sep 11, 2026
XLE +14.0% ×2 implies+28.0%DIG returned+26.9%XLE +14.0% ×2 implies+28.0%DIG returned+26.9%
XLEX3.1 pts short of its label · 3 months to Sep 11, 2026
XLE +14.0% ×2 implies+28.0%XLEX returned+24.9%XLE +14.0% ×2 implies+28.0%XLEX returned+24.9%

Performance, window by window

DIG and XLEX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
DIGXLEXDIGXLEXDIGXLEX
1 month+13.1%+12.4%+13.5%+13.5%−0.4 pts−1.1 pts
3 months+26.9%+24.9%+28.0%+28.0%−1.1 pts−3.1 pts
6 months+23.8%not published+28.9%not published−5.1 ptsnot published
1 year+104.5%not published+101.4%not published+3.1 ptsnot published
3 years+69.8%not published+108.3%not published−38.5 ptsnot published
Since launch+104.2%+18.4%not meaningful+23.5%not meaningful−5.0 pts
Open the live comparison on ETFIQ
DIG and XLEX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
DIG
ProShares Ultra Energy
Aims to return twice the daily move of energy (XLE)
XLEX
Corgi U.S. Energy 2x Daily ETF
Aims to return twice the daily move of energy (XLE)
IssuerProSharesCorgi
Sets out to return+2x+2x
OnXLEXLE
Segmentsectorsector
Fund returned, 3 months+26.9%+24.9%
Underlying returned, 3 months+14.0%+14.0%
What the stated multiple implies, 3 months+28.0%+28.0%
Difference from stated, 3 months−1.1 pts−3.1 pts
Fund returned, 1 year or since launch+104.5%+18.4%
Difference from stated, over that window+3.1 pts−5.0 pts
Underlying volatility22%22%
Difference over the days both have traded−1.1 pts−3.1 pts
Expense ratio0.95%0.45%
LaunchedJan 4, 2010Jun 3, 2026

DIG in plain words

Three months to Sep 11, 2026: DIG returned +26.9% where its own daily promise gave +28.5%, 1.6 points short. Read the multiple against the whole window instead and +2 times XLE's 14.0% implies +28.0%, which makes DIG look 1.1 points short. 0.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. DIG aims to return +2 times XLE'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. XLE moved at 22% 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.

XLEX in plain words

Three months to Sep 11, 2026: XLEX returned +24.9% where its own daily promise gave +28.5%, 3.6 points short. Read the multiple against the whole window instead and +2 times XLE's 14.0% implies +28.0%, which makes XLEX look 3.1 points short. XLEX aims to return +2 times XLE's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, DIG or XLEX?
Over the window to Sep 11, 2026, DIG finished 1.1 points from what its multiple implies and XLEX finished 3.1 points from its own, so DIG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are DIG and XLEX levered on the same thing?
Yes. Both are levered on energy, DIG at +2 times and XLEX at +2 times the daily move.
Which one decays faster, DIG or XLEX?
Decay follows how much the underlying moves about. Over this window DIG’s moved at 22% annualized and XLEX’s at 22%, so DIG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold DIG or XLEX 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, DIG or XLEX?
DIG charges 0.95% a year and XLEX charges 0.45%, so XLEX 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.

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

How every figure is computed · Standards and sources