Data as of .
RXD vs XLVX: which held to its multiple?
Over three months against its own daily promise, RXD finished 1.9 points over and XLVX 2.0 points short.
ETFIQ Decay Resistance Score: XLVX scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 121 inverse ETFs 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 | |||
|---|---|---|---|---|---|---|
| RXD | XLVX | RXD | XLVX | RXD | XLVX | |
| 1 month | +3.5% | −4.5% | +3.7% | −3.7% | −0.1 pts | −0.8 pts |
| 3 months | −14.7% | +13.5% | −16.0% | +16.0% | +1.3 pts | −2.5 pts |
| 6 months | −19.1% | not published | −22.7% | not published | +3.6 pts | not published |
| 1 year | −29.3% | not published | −40.8% | not published | +11.5 pts | not published |
| 3 years | −31.2% | not published | −61.8% | not published | +30.6 pts | not published |
| Since launch | −99.2% | +22.7% | not meaningful | +25.1% | not meaningful | −2.5 pts |
| RXD ProShares UltraShort Health Care Aims to return twice the opposite of the daily move of health care (XLV) | XLVX Corgi U.S. Healthcare 2x Daily ETF Aims to return twice the daily move of health care (XLV) | |
|---|---|---|
| Issuer | ProShares | Corgi |
| Sets out to return | -2x | +2x |
| On | XLV | XLV |
| Segment | sector | sector |
| Fund returned, 3 months | −14.7% | +13.5% |
| Underlying returned, 3 months | +8.0% | +8.0% |
| What the stated multiple implies, 3 months | −16.0% | +16.0% |
| Difference from stated, 3 months | +1.3 pts | −2.5 pts |
| Fund returned, 1 year or since launch | −29.3% | +22.7% |
| Difference from stated, over that window | +11.5 pts | −2.5 pts |
| Underlying volatility | 19% | 19% |
| Difference over the days both have traded | no shared window | −2.5 pts |
| Expense ratio | 0.95% | 0.45% |
| Launched | Jan 4, 2010 | Jun 3, 2026 |
RXD in plain words
Three months to Sep 11, 2026: RXD returned −14.7% where its own daily promise gave −16.6%, 1.9 points over. Read the multiple against the whole window instead and −2 times XLV's 8.0% implies −16.0%, which makes RXD look 1.3 points over. 0.6 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. RXD aims to return -2 times XLV'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. XLV 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.
XLVX in plain words
Three months to Sep 11, 2026: XLVX returned +13.5% where its own daily promise gave +15.5%, 2.0 points short. Read the multiple against the whole window instead and +2 times XLV's 8.0% implies +16.0%, which makes XLVX look 2.5 points short. 0.4 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. XLVX aims to return +2 times XLV'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.
Questions people ask
- Which came closer to its stated multiple, RXD or XLVX?
- Over the window to Sep 11, 2026, RXD finished 1.3 points from what its multiple implies and XLVX finished 2.5 points from its own, so RXD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are RXD and XLVX levered on the same thing?
- Yes. Both are levered on health care, RXD at -2 times and XLVX at +2 times the daily move.
- Which one decays faster, RXD or XLVX?
- Decay follows how much the underlying moves about. Over this window RXD’s moved at 19% annualized and XLVX’s at 19%, so RXD has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold RXD or XLVX 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, RXD or XLVX?
- RXD charges 0.95% a year and XLVX charges 0.45%, so XLVX 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, RXD against XLVX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/RXD-XLVX Free to use with attribution; the underlying files are at Open data.