Data as of .
GEVG vs GEVX: which held to its multiple?
Over the days both have traded, GEVG finished 1.2 points from its stated multiple and GEVX 0.9.
ETFIQ Decay Resistance Score: GEVX 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 | |||
|---|---|---|---|---|---|---|
| GEVG | GEVX | GEVG | GEVX | GEVG | GEVX | |
| 1 month | −17.1% | −16.8% | −15.9% | −15.9% | −1.2 pts | −0.9 pts |
| 3 months | −6.8% | −5.9% | +3.6% | +3.6% | −10.5 pts | −9.6 pts |
| 6 months | +16.6% | +19.2% | +38.1% | +38.1% | −21.4 pts | −18.9 pts |
| 1 year | not published | +63.4% | not published | +102.6% | not published | −39.1 pts |
| Since launch | +47.7% | +113.2% | +79.5% | +156.1% | −31.8 pts | −42.9 pts |
| GEVG Leverage Shares 2X Long GEV Daily ETF Aims to return twice the daily move of GEV | GEVX Tradr 2X Long GEV Daily ETF Aims to return twice the daily move of GEV | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | GEV | GEV |
| Segment | company | company |
| Fund returned, 3 months | −6.8% | −5.9% |
| Underlying returned, 3 months | +1.8% | +1.8% |
| What the stated multiple implies, 3 months | +3.6% | +3.6% |
| Difference from stated, 3 months | −10.5 pts | −9.6 pts |
| Fund returned, 1 year or since launch | +47.7% | +63.4% |
| Difference from stated, over that window | −31.8 pts | −39.1 pts |
| Underlying volatility | 56% | 56% |
| Difference over the days both have traded | −1.2 pts | −0.9 pts |
| Expense ratio | 0.75% | 1.30% |
| Launched | Dec 16, 2025 | Jul 11, 2025 |
GEVG in plain words
Three months to Sep 11, 2026: GEVG returned −6.8% where its own daily promise gave −4.2%, 2.6 points short. Read the multiple against the whole window instead and +2 times GEV's 1.8% implies +3.6%, which makes GEVG look 10.5 points short. 7.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GEVG aims to return +2 times GEV'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. GEV moved at 56% 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.
GEVX in plain words
Three months to Sep 11, 2026: GEVX returned −5.9% where its own daily promise gave −4.2%, 1.7 points short. Read the multiple against the whole window instead and +2 times GEV's 1.8% implies +3.6%, which makes GEVX look 9.6 points short. GEVX aims to return +2 times GEV's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, GEVG or GEVX?
- Over the window to Sep 11, 2026, GEVG finished 10.5 points from what its multiple implies and GEVX finished 9.6 points from its own, so GEVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are GEVG and GEVX levered on the same thing?
- Yes. Both are levered on GEV, GEVG at +2 times and GEVX at +2 times the daily move.
- Which one decays faster, GEVG or GEVX?
- Decay follows how much the underlying moves about. Over this window GEVG’s moved at 56% annualized and GEVX’s at 56%, so GEVG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold GEVG or GEVX 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, GEVG or GEVX?
- GEVG charges 0.75% a year and GEVX charges 1.30%, so GEVG 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, GEVG against GEVX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/GEVG-GEVX Free to use with attribution; the underlying files are at Open data.