Which came closer to its stated multiple, ADBG or ADBU?

Over the window to Sep 30, 2026, ADBG finished 9.5 points from what its multiple implies and ADBU finished 8.4 points from its own, so ADBU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are ADBG and ADBU levered on the same thing?

Yes. Both are levered on Adobe, ADBG at +2 times and ADBU at +2 times the daily move.

Which one decays faster, ADBG or ADBU?

Decay follows how much the underlying moves about. Over this window ADBG’s moved at 48% annualized and ADBU’s at 48%, so ADBG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold ADBG or ADBU 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, ADBG or ADBU?

ADBG charges 0.77% a year and ADBU charges 0.97%, so ADBG is cheaper. Fees come from each fund's prospectus.

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ADBG vs ADBU: which held to its multiple?

Over the days both have traded, ADBG finished 9.5 points from its stated multiple and ADBU 8.4. Leverage Shares 2X Long ADBE Daily ETF and Direxion Daily ADBE Bull 2X ETF.

+18.0%

ADBG returned, 3 months

+19.0%

ADBU returned, 3 months

−9.5 pts

ADBG from its stated multiple

−8.4 pts

ADBU from its stated multiple

ADBG · 3 months to Sep 30, 20269.5 pts short of its stated multiple

ADBG returned +18.0% while 2 times ADBE's move would have been +27.5%

ADBU · 3 months to Sep 30, 20268.4 pts short of its stated multiple

ADBU returned +19.0% while 2 times ADBE's move would have been +27.5%

ETFIQ Decay Resistance Score · ADBU scores higherDid it keep up with its own daily multiple, compounded day by day?

ADBG 20.5

ADBU 36.8

0.1, the lowest in this set99.9, the highest

A percentile among the 470 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

	Total return		Multiple would give		Difference
Window	ADBG	ADBU	ADBG	ADBU	ADBG	ADBU
1 month	−34.6%	−34.6%	−36.1%	−36.1%	+1.5 pts	+1.5 pts
3 months	+18.0%	+19.0%	+27.5%	+27.5%	−9.5 pts	−8.4 pts
6 months	−17.3%	−16.4%	−1.2%	−1.2%	−16.1 pts	−15.2 pts
1 year	−65.8%	not published	−64.0%	not published	−1.8 pts	not published
Since launch ADBG Mar 2025 · ADBU Mar 2026	−74.7%	−13.9%	−76.1%	+2.3%	+1.4 pts	−16.1 pts

ADBG and ADBU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ADBG

Leverage Shares 2X Long ADBE Daily ETF · Aims to return twice the daily move of Adobe (ADBE)

ADBU

Direxion Daily ADBE Bull 2X ETF · Aims to return twice the daily move of Adobe (ADBE)

Issuer Leverage Shares Direxion

Sets out to return +2x +2x

Underlying asset ADBE ADBE

Segment company company

Fund returned, 3 months or since launch +18.0% +19.0%

Underlying returned, over that window +13.7% +13.7%

What the stated multiple implies, over that window +27.5% +27.5%

Difference from stated, over that window −9.5 pts −8.4 pts

Fund returned, 1 year or since launch −65.8% −13.9%

Difference from stated, over that window −1.8 pts −16.1 pts

Underlying volatility 48% 48%

Difference over the days both have traded −9.5 pts −8.4 pts

Expense ratio 0.77% 0.97%

Launched Mar 21, 2025 Mar 25, 2026

Net assets $34m $3m

ADBG and ADBU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ADBG in plain words

Three months to Sep 30, 2026: ADBG returned +18.0% where its own daily promise gave +22.2%, 4.2 points short. Read the multiple against the whole window instead and 2 times ADBE's 13.7% implies +27.5%, which makes ADBG look 9.5 points short. 5.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. ADBG aims to return +2 times ADBE'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. ADBE moved at 48% 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.

ADBU in plain words

Three months to Sep 30, 2026: ADBU returned +19.0% where its own daily promise gave +22.2%, 3.2 points short. Read the multiple against the whole window instead and 2 times ADBE's 13.7% implies +27.5%, which makes ADBU look 8.4 points short. ADBU aims to return +2 times ADBE's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, ADBG or ADBU?: Over the window to Sep 30, 2026, ADBG finished 9.5 points from what its multiple implies and ADBU finished 8.4 points from its own, so ADBU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ADBG and ADBU levered on the same thing?: Yes. Both are levered on Adobe, ADBG at +2 times and ADBU at +2 times the daily move.
Which one decays faster, ADBG or ADBU?: Decay follows how much the underlying moves about. Over this window ADBG’s moved at 48% annualized and ADBU’s at 48%, so ADBG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ADBG or ADBU 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, ADBG or ADBU?: ADBG charges 0.77% a year and ADBU charges 0.97%, so ADBG is cheaper. Fees come from each fund's prospectus.

Other comparisons

ADBG on its own →ADBU on its own →How every figure is computed →Standards and sources →

Where these figures came from

ADBG filings on SEC EDGAR ↗ADBG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗ADBU filings on SEC EDGAR ↗ADBU prospectus with the expense ratio (SEC) ↗Direxion website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ADBG against ADBU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/adbg-vs-adbu

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.