Data as of .
GOOL vs GOU: which held to its multiple?
Over the days both have traded, GOOL finished 1.3 points from its stated multiple and GOU 0.7.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| GOOL | GOU | GOOL | GOU | GOOL | GOU | |
| 1 month | −4.1% | −3.5% | −2.8% | −2.8% | −1.3 pts | −0.7 pts |
| 3 months | not published | −16.3% | not published | −11.7% | not published | −4.7 pts |
| 6 months | not published | +11.8% | not published | +24.2% | not published | −12.4 pts |
| Since launch | −18.1% | −2.1% | −15.4% | +14.9% | −2.7 pts | −17.0 pts |
| GOOL Leverage Shares 2X Long GOOGL Daily ETF Aims to return twice the daily move of Alphabet (GOOGL) | GOU GraniteShares 2x Long GOOGL Daily ETF Aims to return twice the daily move of Alphabet (GOOGL) | |
|---|---|---|
| Issuer | Leverage Shares | GraniteShares |
| Sets out to return | +2x | +2x |
| On | GOOGL | GOOGL |
| Segment | company | company |
| Fund returned, 3 months | −4.1% | −16.3% |
| Underlying returned, 3 months | −1.4% | −5.8% |
| What the stated multiple implies, 3 months | −2.8% | −11.7% |
| Difference from stated, 3 months | −1.3 pts | −4.7 pts |
| Fund returned, 1 year or since launch | −18.1% | −2.1% |
| Difference from stated, over that window | −2.7 pts | −17.0 pts |
| Underlying volatility | 19% | 36% |
| Difference over the days both have traded | −1.3 pts | −0.7 pts |
| Expense ratio | 0.99% | 1.15% |
| Launched | Jul 7, 2026 | Dec 2, 2025 |
GOOL in plain words
One month to Sep 11, 2026: GOOL returned −4.1% where its own daily promise gave −3.1%, 1.0 points short. Read the multiple against the whole window instead and +2 times GOOGL's −1.4% implies −2.8%, which makes GOOL look 1.3 points short. 0.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GOOL aims to return +2 times GOOGL'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. GOOGL 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.
GOU in plain words
Three months to Sep 11, 2026: GOU returned −16.3% where its own daily promise gave −14.2%, 2.2 points short. Read the multiple against the whole window instead and +2 times GOOGL's −5.8% implies −11.7%, which makes GOU look 4.7 points short. 2.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GOU aims to return +2 times GOOGL's move each day, then resets. GOOGL moved at 36% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, GOOL or GOU?
- Over the window to Sep 11, 2026, GOOL finished 1.3 points from what its multiple implies and GOU finished 4.7 points from its own, so GOOL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are GOOL and GOU levered on the same thing?
- Yes. Both are levered on Alphabet, GOOL at +2 times and GOU at +2 times the daily move.
- Which one decays faster, GOOL or GOU?
- Decay follows how much the underlying moves about. Over this window GOOL’s moved at 19% annualized and GOU’s at 36%, so GOU has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold GOOL or GOU 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, GOOL or GOU?
- GOOL charges 0.99% a year and GOU charges 1.15%, so GOOL 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, GOOL against GOU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/GOOL-GOU Free to use with attribution; the underlying files are at Open data.