{"url":"https://etfiq.com/compare/leverage/aaog-vs-aaox","section":"compare","title":"AAOG vs AAOX: which held to its multiple? | ETFIQ","description":"AAOG sets out to return +2 times AAOI each day and AAOX +2 times. Over the three months to Sep 30, 2026 they finished \u22129.9 pts and \u22129.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AAOG or AAOX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AAOG finished 9.9 points from what its multiple implies and AAOX finished 9.6 points from its own, so AAOX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AAOG and AAOX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Applied Optoelectronics, AAOG at +2 times and AAOX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AAOG or AAOX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AAOG\u2019s moved at 122% annualized and AAOX\u2019s at 122%, so AAOG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AAOG or AAOX for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, AAOG or AAOX?","acceptedAnswer":{"@type":"Answer","text":"AAOG charges 0.75% a year and AAOX charges 1.49%, so AAOG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"AAOG vs AAOX","item":"https://etfiq.com/compare/leverage/aaog-vs-aaox"}]},{"@type":"WebPage","name":"AAOG vs AAOX: which held to its multiple?","description":"AAOG sets out to return +2 times AAOI each day and AAOX +2 times. Over the three months to Sep 30, 2026 they finished \u22129.9 pts and \u22129.6 pts away.","url":"https://etfiq.com/compare/leverage/aaog-vs-aaox","dateModified":"2026-09-30","abstract":"Over the days both have traded, AAOG finished 9.9 points from its stated multiple and AAOX 9.6.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AAOG and AAOX","description":"AAOG sets out to return +2 times AAOI each day and AAOX +2 times. Over the three months to Sep 30, 2026 they finished \u22129.9 pts and \u22129.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/aaog-vs-aaox","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6472,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AAOG vs AAOX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AAOG vs AAOX: which held to its multiple?\n\n Over the days both have traded, AAOG finished 9.9 points from its stated multiple and AAOX 9.6.\n Copy this for sharing \n \n Leverage Shares 2X Long AAOI Daily ETF and Tradr 2X Long AAOI Daily ETF.\n\n Download as PDF \n\n \u221267.0% AAOG returned, 3 months \n \u221266.8% AAOX returned, 3 months \n \u22129.9 pts AAOG from its stated multiple \n \u22129.6 pts AAOX from its stated multiple \n\n ETFIQ Decay Resistance Score: AAOX scores higher\n Did it keep up ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/aaog-vs-aaox","a":{"ticker":"AAOG","name":"Leverage Shares 2X Long AAOI Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AAOG returned \u221267.0% where its own daily promise gave \u221264.9%, 2.2 points short.","url":"https://etfiq.com/funds/aaog","key_facts":[{"label":"What AAOI did","value":"\u221228.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221264.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221267.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$26m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, May 6, 2026"}]},"b":{"ticker":"AAOX","name":"Tradr 2X Long AAOI Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AAOX returned \u221266.8% where its own daily promise gave \u221264.9%, 1.9 points short.","url":"https://etfiq.com/funds/aaox","key_facts":[{"label":"What AAOI did","value":"\u221228.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221264.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221266.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$233m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/aaog-vs-aaox"}