Data as of .
STXU vs STXX: which held to its multiple?
Over the days both have traded, STXU finished 14.3 points from its stated multiple and STXX 13.3.
ETFIQ Decay Resistance Score: STXX 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 | |||
|---|---|---|---|---|---|---|
| STXU | STXX | STXU | STXX | STXU | STXX | |
| 1 month | −14.7% | −15.1% | −10.9% | −10.9% | −3.8 pts | −4.1 pts |
| 3 months | −35.9% | −34.9% | −21.5% | −21.5% | −14.3 pts | −13.3 pts |
| Since launch | −18.4% | +53.0% | +5.4% | +83.4% | −23.8 pts | −30.4 pts |
| STXU Leverage Shares 2X Long STX Daily ETF Aims to return twice the daily move of STX | STXX Tradr 2X Long STX Daily ETF Aims to return twice the daily move of STX | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | STX | STX |
| Segment | company | company |
| Fund returned, 3 months | −35.9% | −34.9% |
| Underlying returned, 3 months | −10.8% | −10.8% |
| What the stated multiple implies, 3 months | −21.5% | −21.5% |
| Difference from stated, 3 months | −14.3 pts | −13.3 pts |
| Fund returned, 1 year or since launch | −18.4% | +53.0% |
| Difference from stated, over that window | −23.8 pts | −30.4 pts |
| Underlying volatility | 83% | 83% |
| Difference over the days both have traded | −14.3 pts | −13.3 pts |
| Expense ratio | 0.75% | 1.49% |
| Launched | May 12, 2026 | Apr 24, 2026 |
STXU in plain words
Three months to Sep 11, 2026: STXU returned −35.9% where its own daily promise gave −33.2%, 2.7 points short. Read the multiple against the whole window instead and +2 times STX's −10.8% implies −21.5%, which makes STXU look 14.3 points short. 11.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. STXU aims to return +2 times STX'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. STX moved at 83% 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.
STXX in plain words
Three months to Sep 11, 2026: STXX returned −34.9% where its own daily promise gave −33.2%, 1.7 points short. Read the multiple against the whole window instead and +2 times STX's −10.8% implies −21.5%, which makes STXX look 13.3 points short. STXX aims to return +2 times STX's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, STXU or STXX?
- Over the window to Sep 11, 2026, STXU finished 14.3 points from what its multiple implies and STXX finished 13.3 points from its own, so STXX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are STXU and STXX levered on the same thing?
- Yes. Both are levered on STX, STXU at +2 times and STXX at +2 times the daily move.
- Which one decays faster, STXU or STXX?
- Decay follows how much the underlying moves about. Over this window STXU’s moved at 83% annualized and STXX’s at 83%, so STXU has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold STXU or STXX 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, STXU or STXX?
- STXU charges 0.75% a year and STXX charges 1.49%, so STXU 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, STXU against STXX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/STXU-STXX Free to use with attribution; the underlying files are at Open data.