{"url":"https://etfiq.com/compare/leverage/aapb-vs-aape","section":"compare","title":"AAPB vs AAPE: which held to its multiple? | ETFIQ","description":"AAPB sets out to return +2 times AAPL each day and AAPE +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22121.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AAPB or AAPE?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AAPB finished 2.7 points from what its multiple implies and AAPE finished 1.0 points from its own, so AAPE came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AAPB and AAPE levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Apple, AAPB at +2 times and AAPE at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AAPB or AAPE?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AAPB\u2019s moved at 28% annualized and AAPE\u2019s at 23%, so AAPB has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AAPB or AAPE 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, AAPB or AAPE?","acceptedAnswer":{"@type":"Answer","text":"AAPB charges 1.15% a year and AAPE charges 0.75%, so AAPE 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":"AAPB vs AAPE","item":"https://etfiq.com/compare/leverage/aapb-vs-aape"}]},{"@type":"WebPage","name":"AAPB vs AAPE: which held to its multiple?","description":"AAPB sets out to return +2 times AAPL each day and AAPE +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22121.0 pts away.","url":"https://etfiq.com/compare/leverage/aapb-vs-aape","dateModified":"2026-09-30","abstract":"Over the days both have traded, AAPB finished 0.7 points from its stated multiple and AAPE 1.0.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AAPB and AAPE","description":"AAPB sets out to return +2 times AAPL each day and AAPE +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22121.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/aapb-vs-aape","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":6442,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AAPB vs AAPE \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AAPB vs AAPE: which held to its multiple?\n\n Over the days both have traded, AAPB finished 0.7 points from its stated multiple and AAPE 1.0.\n Copy this for sharing \n \n GraniteShares 2x Long AAPL Daily ETF and Leverage Shares 2X Long AAPL Daily ETF.\n\n Download as PDF \n\n +23.7% AAPB returned, 3 months \n +10.0% AAPE returned, since launch \n \u22122.7 pts AAPB from its stated multiple \n \u22124.6 pts AAPE from its stated multiple \n\n AAPB 2.7 pts short of its stated multiple \u00b7 3 months ","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/aapb-vs-aape","a":{"ticker":"AAPB","name":"GraniteShares 2x Long AAPL Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AAPB returned +23.7% where its own daily promise gave +25.6%, 1.9 points short.","url":"https://etfiq.com/funds/aapb","key_facts":[{"label":"What AAPL did","value":"+13.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+25.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+23.7%","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":"$17m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.15%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"b":{"ticker":"AAPE","name":"Leverage Shares 2X Long AAPL Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: AAPE returned +9.2% where its own daily promise gave +10.0%, 0.8 points short.","url":"https://etfiq.com/funds/aape","key_facts":[{"label":"What AAPL did","value":"+5.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+10.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+9.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$797,000","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, Jun 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/aapb-vs-aape"}