Data as of .
DSPC vs SSPC: which held to its multiple?
DSPC returns -1 times SPCX each day and SSPC -2 times, and they share no window yet.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| DSPC | SSPC | DSPC | SSPC | DSPC | SSPC | |
| 1 month | not published | −10.7% | not published | −6.9% | not published | −3.8 pts |
| Since launch | −7.5% | −1.4% | −7.3% | +42.9% | −0.1 pts | −44.3 pts |
| DSPC Leverage Shares 1X Short SPCX Daily ETF Aims to return 1 times the opposite of the daily move of Space Exploration Technologies (SPCX) | SSPC Leverage Shares 2X Short SPCX Daily ETF Aims to return twice the opposite of the daily move of Space Exploration Technologies (SPCX) | |
|---|---|---|
| Issuer | Leverage Shares | Leverage Shares |
| Sets out to return | -1x | -2x |
| On | SPCX | SPCX |
| Segment | company | company |
| Fund returned, 3 months | −7.5% | −10.7% |
| Underlying returned, 3 months | +7.3% | +3.5% |
| What the stated multiple implies, 3 months | −7.3% | −6.9% |
| Difference from stated, 3 months | −0.1 pts | −3.8 pts |
| Fund returned, 1 year or since launch | −7.5% | −1.4% |
| Difference from stated, over that window | −0.1 pts | −44.3 pts |
| Underlying volatility | 44% | 43% |
| Difference over the days both have traded | no shared window | −3.8 pts |
| Expense ratio | not published | not published |
| Launched | Aug 27, 2026 | Jun 15, 2026 |
DSPC in plain words
Since launch to Sep 11, 2026: DSPC returned −7.5% where its own daily promise gave −7.6%, 0.1 points over. Read the multiple against the whole window instead and −1 times SPCX's 7.3% implies −7.3%, which makes DSPC look 0.1 points short. 0.2 of that is daily compounding, which happens to any −1 times fund over the same path, and the rest is the fund. DSPC aims to return -1 times SPCX's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not -1 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. SPCX moved at 44% 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.
SSPC in plain words
One month to Sep 11, 2026: SSPC returned −10.7% where its own daily promise gave −10.8%, 0.1 points over. Read the multiple against the whole window instead and −2 times SPCX's 3.5% implies −6.9%, which makes SSPC look 3.8 points short. 3.9 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. SSPC aims to return -2 times SPCX'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. SPCX moved at 43% annualized over that window.
Questions people ask
- Are DSPC and SSPC levered on the same thing?
- Yes. Both are levered on Space Exploration Technologies, DSPC at -1 times and SSPC at -2 times the daily move.
- Can I hold DSPC or SSPC 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.
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, DSPC against SSPC, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/DSPC-SSPC Free to use with attribution; the underlying files are at Open data.