ASTG vs ASTX: which held to its multiple?

Over the days both have traded, ASTG finished 1.4 points from its stated multiple and ASTX 0.4. Leverage Shares 2X Long ASTS Daily ETF and Tradr 2X Long ASTS Daily ETF.

−64.7%
ASTG returned, 3 months
−62.9%
ASTX returned, 3 months
−1.4 pts
ASTG from its stated multiple
+0.4 pts
ASTX from its stated multiple
ASTG · 3 months to Sep 30, 20261.4 pts short of its stated multiple
1.4 pts short of its stated multipleASTG returned −64.7% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTG returned−64.7%1.4 pts short of its stated multipleASTG returned −64.7% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTG returned−64.7%

ASTG returned −64.7% while 2 times ASTS's move would have been −63.3%

ASTX · 3 months to Sep 30, 2026On its stated multiple
On its stated multipleASTX returned −62.9% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTX returned−62.9%On its stated multipleASTX returned −62.9% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTX returned−62.9%

ASTX returned −62.9% while 2 times ASTS's move would have been −63.3%

ETFIQ Decay Resistance Score · ASTX scores higherDid it keep up with its own daily multiple, compounded day by day?
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 returnMultiple would giveDifference
WindowASTGASTXASTGASTXASTGASTX
1 month−7.5%−6.3%−0.8%−0.8%−6.7 pts−5.5 pts
3 months−64.7%−62.9%−63.3%−63.3%−1.4 pts+0.4 pts
6 monthsnot published−74.3%not published−59.8%not published−14.4 pts
1 yearnot published−64.2%not published+39.9%not published−104.0 pts
Since launch
ASTG Jun 2026 · ASTX Jul 2025
−52.8%−64.3%−38.5%+58.3%−14.3 pts−122.5 pts

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

On the same fields

ASTG
Leverage Shares 2X Long ASTS Daily ETF · Aims to return twice the daily move of AST SpaceMobile (ASTS)
ASTX
Tradr 2X Long ASTS Daily ETF · Aims to return twice the daily move of AST SpaceMobile (ASTS)
Issuer Leverage Shares Tradr
Sets out to return +2x +2x
Underlying asset ASTS ASTS
Segment company company
Fund returned, 3 months or since launch −64.7% −62.9%
Underlying returned, over that window −31.6% −31.6%
What the stated multiple implies, over that window −63.3% −63.3%
Difference from stated, over that window −1.4 pts +0.4 pts
Fund returned, 1 year or since launch −52.8% −64.2%
Difference from stated, over that window −14.3 pts −104.0 pts
Underlying volatility 83% 83%
Difference over the days both have traded −1.4 pts +0.4 pts
Expense ratio 0.99% 1.30%
Launched Jun 23, 2026 Jul 11, 2025
Net assets $143,400 $227m

ASTG and ASTX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ASTG in plain words

Three months to Sep 30, 2026: ASTG returned −64.7% where its own daily promise gave −61.2%, 3.5 points short. Read the multiple against the whole window instead and 2 times ASTS's −31.6% implies −63.3%, which makes ASTG look 1.4 points short. 2.1 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. ASTG aims to return +2 times ASTS'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. ASTS 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.

ASTX in plain words

Three months to Sep 30, 2026: ASTX returned −62.9% where its own daily promise gave −61.2%, 1.7 points short. Read the multiple against the whole window instead and 2 times ASTS's −31.6% implies −63.3%, which makes ASTX look 0.4 points over. ASTX aims to return +2 times ASTS's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, ASTG or ASTX?
Over the window to Sep 30, 2026, ASTG finished 1.4 points from what its multiple implies and ASTX finished 0.4 points from its own, so ASTX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ASTG and ASTX levered on the same thing?
Yes. Both are levered on AST SpaceMobile, ASTG at +2 times and ASTX at +2 times the daily move.
Which one decays faster, ASTG or ASTX?
Decay follows how much the underlying moves about. Over this window ASTG’s moved at 83% annualized and ASTX’s at 83%, so ASTG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ASTG or ASTX 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, ASTG or ASTX?
ASTG charges 0.99% a year and ASTX charges 1.30%, so ASTG is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ASTG against ASTX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/astg-vs-astx

Open data

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