Data as of .
SLON vs SOLT: which held to its multiple?
Over the days both have traded, SLON finished 0.3 points from its stated multiple and SOLT 0.1.
ETFIQ Decay Resistance Score: SLON 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 | |||
|---|---|---|---|---|---|---|
| SLON | SOLT | SLON | SOLT | SLON | SOLT | |
| 1 month | +73.4% | +73.6% | +70.8% | +70.8% | +2.6 pts | +2.7 pts |
| 3 months | +110.7% | +110.5% | +110.4% | +110.4% | +0.3 pts | +0.1 pts |
| Since launch | +35.4% | +35.8% | +52.3% | +52.3% | −16.9 pts | −16.5 pts |
| SLON ProShares Ultra Solana ETF Aims to return twice the daily move of Solana (GSOL) | SOLT 2x Solana ETF Aims to return twice the daily move of Solana (GSOL) | |
|---|---|---|
| Issuer | ProShares | not established |
| Sets out to return | +2x | +2x |
| On | GSOL | GSOL |
| Segment | crypto | crypto |
| Fund returned, 3 months | +110.7% | +110.5% |
| Underlying returned, 3 months | +55.2% | +55.2% |
| What the stated multiple implies, 3 months | +110.4% | +110.4% |
| Difference from stated, 3 months | +0.3 pts | +0.1 pts |
| Fund returned, 1 year or since launch | +35.4% | +35.8% |
| Difference from stated, over that window | −16.9 pts | −16.5 pts |
| Underlying volatility | 62% | 62% |
| Difference over the days both have traded | +0.3 pts | +0.1 pts |
| Expense ratio | 2.14% | 2.92% |
| Launched | Jul 15, 2025 | Mar 20, 2025 |
SLON in plain words
Three months to Sep 11, 2026: SLON returned +110.7% where its own daily promise gave +120.3%, 9.6 points short. Read the multiple against the whole window instead and +2 times GSOL's 55.2% implies +110.4%, which makes SLON look 0.3 points over. 9.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. SLON aims to return +2 times GSOL'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. GSOL moved at 62% 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.
SOLT in plain words
Three months to Sep 11, 2026: SOLT returned +110.5% where its own daily promise gave +120.3%, 9.8 points short. Read the multiple against the whole window instead and +2 times GSOL's 55.2% implies +110.4%, which makes SOLT look 0.1 points over. SOLT aims to return +2 times GSOL's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, SLON or SOLT?
- Over the window to Sep 11, 2026, SLON finished 0.3 points from what its multiple implies and SOLT finished 0.1 points from its own, so SOLT came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are SLON and SOLT levered on the same thing?
- Yes. Both are levered on Solana, SLON at +2 times and SOLT at +2 times the daily move.
- Which one decays faster, SLON or SOLT?
- Decay follows how much the underlying moves about. Over this window SLON’s moved at 62% annualized and SOLT’s at 62%, so SLON has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold SLON or SOLT 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, SLON or SOLT?
- SLON charges 2.14% a year and SOLT charges 2.92%, so SLON is cheaper. Fees come from each fund's prospectus.
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, SLON against SOLT, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/SLON-SOLT Free to use with attribution; the underlying files are at Open data.