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Data as of .

LITG vs LITU: which held to its multiple?

Over the days both have traded, LITG finished 6.6 points from its stated multiple and LITU 7.2.

Leverage Shares 2X Long LITE Daily ETF and T-REX 2X LONG LITE DAILY TARGET ETF, side by side, leveraged ETFs on ETFIQ.

+16.4%LITG returned, 3 months
−22.7%LITU returned, 3 months
−9.6 ptsLITG from its stated multiple
−23.9 ptsLITU from its stated multiple
LITG6.6 pts short of its label · 1 month to Sep 11, 2026
LITE −0.6% ×2 implies−1.2%LITG returned−7.8%LITE −0.6% ×2 implies−1.2%LITG returned−7.8%
LITU23.9 pts short of its label · 3 months to Sep 11, 2026
LITE +0.6% ×2 implies+1.2%LITU returned−22.7%LITE +0.6% ×2 implies+1.2%LITU returned−22.7%

Performance, window by window

LITG and LITU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
LITGLITULITGLITULITGLITU
1 month−7.8%−8.4%−1.2%−1.2%−6.6 pts−7.2 pts
3 monthsnot published−22.7%not published+1.2%not published−23.9 pts
Since launch+16.4%−34.5%+25.9%−7.8%−9.6 pts−26.8 pts
Open the live comparison on ETFIQ
LITG and LITU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
LITG
Leverage Shares 2X Long LITE Daily ETF
Aims to return twice the daily move of LITE
LITU
T-REX 2X LONG LITE DAILY TARGET ETF
Aims to return twice the daily move of LITE
IssuerLeverage SharesT-REX
Sets out to return+2x+2x
OnLITELITE
Segmentcompanycompany
Fund returned, 3 months−7.8%−22.7%
Underlying returned, 3 months−0.6%+0.6%
What the stated multiple implies, 3 months−1.2%+1.2%
Difference from stated, 3 months−6.6 pts−23.9 pts
Fund returned, 1 year or since launch+16.4%−34.5%
Difference from stated, over that window−9.6 pts−26.8 pts
Underlying volatility84%97%
Difference over the days both have traded−6.6 pts−7.2 pts
Expense ratio0.99%1.50%
LaunchedAug 11, 2026May 21, 2026

LITG in plain words

One month to Sep 11, 2026: LITG returned −7.8% where its own daily promise gave −6.9%, 0.9 points short. Read the multiple against the whole window instead and +2 times LITE's −0.6% implies −1.2%, which makes LITG look 6.6 points short. 5.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. LITG aims to return +2 times LITE'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. LITE moved at 84% 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.

LITU in plain words

Three months to Sep 11, 2026: LITU returned −22.7% where its own daily promise gave −19.5%, 3.2 points short. Read the multiple against the whole window instead and +2 times LITE's 0.6% implies +1.2%, which makes LITU look 23.9 points short. 20.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. LITU aims to return +2 times LITE's move each day, then resets. LITE moved at 97% annualized over that window.

Questions people ask

Which came closer to its stated multiple, LITG or LITU?
Over the window to Sep 11, 2026, LITG finished 6.6 points from what its multiple implies and LITU finished 23.9 points from its own, so LITG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are LITG and LITU levered on the same thing?
Yes. Both are levered on LITE, LITG at +2 times and LITU at +2 times the daily move.
Which one decays faster, LITG or LITU?
Decay follows how much the underlying moves about. Over this window LITG’s moved at 84% annualized and LITU’s at 97%, so LITU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold LITG or LITU 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, LITG or LITU?
LITG charges 0.99% a year and LITU charges 1.50%, so LITG 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.

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

How every figure is computed · Standards and sources