Data as of .
RXL vs XLVX: which held to its multiple?
Over the days both have traded, RXL finished 1.7 points from its stated multiple and XLVX 2.5.
ETFIQ Decay Resistance Score: RXL 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 | |||
|---|---|---|---|---|---|---|
| RXL | XLVX | RXL | XLVX | RXL | XLVX | |
| 1 month | −4.3% | −4.5% | −3.7% | −3.7% | −0.6 pts | −0.8 pts |
| 3 months | +14.3% | +13.5% | +16.0% | +16.0% | −1.7 pts | −2.5 pts |
| 6 months | +18.8% | not published | +22.7% | not published | −3.9 pts | not published |
| 1 year | +33.6% | not published | +40.8% | not published | −7.2 pts | not published |
| 3 years | +33.7% | not published | +61.8% | not published | −28.1 pts | not published |
| Since launch | +1823.7% | +22.7% | not meaningful | +25.1% | not meaningful | −2.5 pts |
| RXL ProShares Ultra Health Care Aims to return twice 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 | +14.3% | +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 | −1.7 pts | −2.5 pts |
| Fund returned, 1 year or since launch | +33.6% | +22.7% |
| Difference from stated, over that window | −7.2 pts | −2.5 pts |
| Underlying volatility | 19% | 19% |
| Difference over the days both have traded | −1.7 pts | −2.5 pts |
| Expense ratio | 0.95% | 0.45% |
| Launched | Jan 4, 2010 | Jun 3, 2026 |
RXL in plain words
Three months to Sep 11, 2026: RXL returned +14.3% where its own daily promise gave +15.5%, 1.3 points short. Read the multiple against the whole window instead and +2 times XLV's 8.0% implies +16.0%, which makes RXL look 1.7 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. RXL 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. XLVX aims to return +2 times XLV's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, RXL or XLVX?
- Over the window to Sep 11, 2026, RXL finished 1.7 points from what its multiple implies and XLVX finished 2.5 points from its own, so RXL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are RXL and XLVX levered on the same thing?
- Yes. Both are levered on health care, RXL at +2 times and XLVX at +2 times the daily move.
- Which one decays faster, RXL or XLVX?
- Decay follows how much the underlying moves about. Over this window RXL’s moved at 19% annualized and XLVX’s at 19%, so RXL has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold RXL 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, RXL or XLVX?
- RXL 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, RXL against XLVX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/RXL-XLVX Free to use with attribution; the underlying files are at Open data.