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Data as of .

ETHU vs ETU: which held to its multiple?

Over the days both have traded, ETHU finished 8.7 points from its stated multiple and ETU 7.3.

2x Ether ETF and T-Rex 2X Long Ether Daily Target ETF, side by side, leveraged ETFs on ETFIQ.

+113.5%ETHU returned, 3 months
+112.2%ETU returned, 3 months
+8.7 ptsETHU from its stated multiple
+7.3 ptsETU from its stated multiple

ETFIQ Decay Resistance Score: ETHU scores higher

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

ETHU 15ETU 7.30.1, 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

ETHU8.7 pts over its label · 3 months to Sep 11, 2026
ETHA +52.4% ×2 implies+104.9%ETHU returned+113.5%ETHA +52.4% ×2 implies+104.9%ETHU returned+113.5%
ETU7.3 pts over its label · 3 months to Sep 11, 2026
ETHA +52.4% ×2 implies+104.9%ETU returned+112.2%ETHA +52.4% ×2 implies+104.9%ETU returned+112.2%

Performance, window by window

ETHU and ETU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
ETHUETUETHUETUETHUETU
1 month+76.8%+77.2%+70.6%+70.6%+6.2 pts+6.6 pts
3 months+113.5%+112.2%+104.9%+104.9%+8.7 pts+7.3 pts
6 months+20.2%+19.5%+41.2%+41.2%−21.0 pts−21.6 pts
1 year−81.4%−81.5%−85.6%−85.6%+4.1 pts+4.1 pts
Since launch−88.2%−71.3%−54.0%−0.9%−34.2 pts−70.4 pts
Open the live comparison on ETFIQ
ETHU and ETU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ETHU
2x Ether ETF
Aims to return twice the daily move of ether (ETHA)
ETU
T-Rex 2X Long Ether Daily Target ETF
Aims to return twice the daily move of ether (ETHA)
Issuernot establishedT-REX
Sets out to return+2x+2x
OnETHAETHA
Segmentcryptocrypto
Fund returned, 3 months+113.5%+112.2%
Underlying returned, 3 months+52.4%+52.4%
What the stated multiple implies, 3 months+104.9%+104.9%
Difference from stated, 3 months+8.7 pts+7.3 pts
Fund returned, 1 year or since launch−81.4%−81.5%
Difference from stated, over that window+4.1 pts+4.1 pts
Underlying volatility51%51%
Difference over the days both have traded+8.7 pts+7.3 pts
Expense ratio2.97%0.95%
LaunchedJun 4, 2024Oct 24, 2024

ETHU in plain words

Three months to Sep 11, 2026: ETHU returned +113.5% where its own daily promise gave +118.5%, 4.9 points short. Read the multiple against the whole window instead and +2 times ETHA's 52.4% implies +104.9%, which makes ETHU look 8.7 points over. 13.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ETHU aims to return +2 times ETHA'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. ETHA moved at 51% 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.

ETU in plain words

Three months to Sep 11, 2026: ETU returned +112.2% where its own daily promise gave +118.5%, 6.3 points short. Read the multiple against the whole window instead and +2 times ETHA's 52.4% implies +104.9%, which makes ETU look 7.3 points over. ETU aims to return +2 times ETHA's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, ETHU or ETU?
Over the window to Sep 11, 2026, ETHU finished 8.7 points from what its multiple implies and ETU finished 7.3 points from its own, so ETU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ETHU and ETU levered on the same thing?
Yes. Both are levered on ether, ETHU at +2 times and ETU at +2 times the daily move.
Which one decays faster, ETHU or ETU?
Decay follows how much the underlying moves about. Over this window ETHU’s moved at 51% annualized and ETU’s at 51%, so ETHU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ETHU or ETU 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, ETHU or ETU?
ETHU charges 2.97% a year and ETU charges 0.95%, so ETU 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.

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

How every figure is computed · Standards and sources