{"url":"https://etfiq.com/compare/leverage/astn-vs-asup","section":"compare","title":"ASTN vs ASUP: which held to its multiple? | ETFIQ","description":"ASTN sets out to return -2 times ASTS each day and ASUP +2 times. Over the three months to Sep 30, 2026 they finished \u221246.3 pts and \u22120.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ASTN or ASUP?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ASTN finished 46.3 points from what its multiple implies and ASUP finished 0.4 points from its own, so ASUP came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ASTN and ASUP levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on AST SpaceMobile, ASTN at -2 times and ASUP at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ASTN or ASUP?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ASTN\u2019s moved at 83% annualized and ASUP\u2019s at 83%, so ASTN has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ASTN or ASUP 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, ASTN or ASUP?","acceptedAnswer":{"@type":"Answer","text":"ASTN charges 1.31% a year and ASUP charges 0.65%, so ASUP 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":"ASTN vs ASUP","item":"https://etfiq.com/compare/leverage/astn-vs-asup"}]},{"@type":"WebPage","name":"ASTN vs ASUP: which held to its multiple?","description":"ASTN sets out to return -2 times ASTS each day and ASUP +2 times. Over the three months to Sep 30, 2026 they finished \u221246.3 pts and \u22120.4 pts away.","url":"https://etfiq.com/compare/leverage/astn-vs-asup","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, ASTN finished 9.3 points short and ASUP 2.5 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ASTN and ASUP","description":"ASTN sets out to return -2 times ASTS each day and ASUP +2 times. Over the three months to Sep 30, 2026 they finished \u221246.3 pts and \u22120.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/astn-vs-asup","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":7052,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ASTN vs ASUP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ASTN vs ASUP: which held to its multiple?\n\n Over three months against its own daily promise, ASTN finished 9.3 points short and ASUP 2.5 points short.\n Copy this for sharing \n \n Defiance Daily Target 2X Short ASTS ETF and T-REX 2X Long ASTS Daily Target ETF.\n\n Download as PDF \n\n +17.0% ASTN returned, 3 months \n \u221263.7% ASUP returned, 3 months \n \u221246.3 pts ASTN from its stated multiple \n \u22120.4 pts ASUP from its stated multiple \n\n ETFIQ Decay Resistance Score: ASUP scores hig","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/astn-vs-asup","a":{"ticker":"ASTN","name":"Defiance Daily Target 2X Short ASTS ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ASTN returned +17.0% where its own daily promise gave +26.4%, 9.3 points short.","url":"https://etfiq.com/funds/astn","key_facts":[{"label":"What ASTS did","value":"\u221231.6%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+26.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+17.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22129.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$4m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 25, 2026"}]},"b":{"ticker":"ASUP","name":"T-REX 2X Long ASTS Daily Target ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ASUP returned \u221263.7% where its own daily promise gave \u221261.2%, 2.5 points short.","url":"https://etfiq.com/funds/asup","key_facts":[{"label":"What ASTS did","value":"\u221231.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221261.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221263.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$667,000","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.65%","as_of":"2026-09-30","source":"485BPOS, Sep 28, 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/astn-vs-asup"}