Data as of .
UXI vs XLIX: which held to its multiple?
Over the days both have traded, UXI finished 1.8 points from its stated multiple and XLIX 3.2.
ETFIQ Decay Resistance Score: UXI 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 | |||
|---|---|---|---|---|---|---|
| UXI | XLIX | UXI | XLIX | UXI | XLIX | |
| 1 month | −14.6% | −15.0% | −14.5% | −14.5% | −0.1 pts | −0.4 pts |
| 3 months | −5.7% | −7.0% | −3.8% | −3.8% | −1.8 pts | −3.2 pts |
| 6 months | +6.4% | not published | +10.5% | not published | −4.1 pts | not published |
| 1 year | +19.5% | not published | +28.5% | not published | −9.0 pts | not published |
| 3 years | +121.2% | not published | +141.8% | not published | −20.6 pts | not published |
| Since launch | +2037.9% | −5.5% | not meaningful | −1.4% | not meaningful | −4.1 pts |
| UXI ProShares Ultra Industrials Aims to return twice the daily move of STATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) ETF (XLI) | XLIX Corgi U.S. Industrials 2x Daily ETF Aims to return twice the daily move of STATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) ETF (XLI) | |
|---|---|---|
| Issuer | ProShares | Corgi |
| Sets out to return | +2x | +2x |
| On | XLI | XLI |
| Segment | sector | sector |
| Fund returned, 3 months | −5.7% | −7.0% |
| Underlying returned, 3 months | −1.9% | −1.9% |
| What the stated multiple implies, 3 months | −3.8% | −3.8% |
| Difference from stated, 3 months | −1.8 pts | −3.2 pts |
| Fund returned, 1 year or since launch | +19.5% | −5.5% |
| Difference from stated, over that window | −9.0 pts | −4.1 pts |
| Underlying volatility | 16% | 16% |
| Difference over the days both have traded | −1.8 pts | −3.2 pts |
| Expense ratio | 0.95% | 0.45% |
| Launched | Jan 4, 2010 | Jun 3, 2026 |
UXI in plain words
Three months to Sep 11, 2026: UXI returned −5.7% where its own daily promise gave −4.5%, 1.2 points short. Read the multiple against the whole window instead and +2 times XLI's −1.9% implies −3.8%, which makes UXI look 1.8 points short. 0.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. UXI aims to return +2 times XLI'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. XLI moved at 16% 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.
XLIX in plain words
Three months to Sep 11, 2026: XLIX returned −7.0% where its own daily promise gave −4.5%, 2.6 points short. Read the multiple against the whole window instead and +2 times XLI's −1.9% implies −3.8%, which makes XLIX look 3.2 points short. XLIX aims to return +2 times XLI's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, UXI or XLIX?
- Over the window to Sep 11, 2026, UXI finished 1.8 points from what its multiple implies and XLIX finished 3.2 points from its own, so UXI came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are UXI and XLIX levered on the same thing?
- Yes. Both are levered on STATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) ETF, UXI at +2 times and XLIX at +2 times the daily move.
- Which one decays faster, UXI or XLIX?
- Decay follows how much the underlying moves about. Over this window UXI’s moved at 16% annualized and XLIX’s at 16%, so UXI has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold UXI or XLIX 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, UXI or XLIX?
- UXI charges 0.95% a year and XLIX charges 0.45%, so XLIX 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, UXI against XLIX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/UXI-XLIX Free to use with attribution; the underlying files are at Open data.