ASTT vs ASTX: which held to its multiple?

Over the days both have traded, ASTT finished 0.9 points from its stated multiple and ASTX 0.4. Corgi ASTS 2x Daily ETF and Tradr 2X Long ASTS Daily ETF.

−62.4%
ASTT returned, 3 months
−62.9%
ASTX returned, 3 months
+0.9 pts
ASTT from its stated multiple
+0.4 pts
ASTX from its stated multiple
ASTT · 3 months to Sep 30, 20260.9 pts ahead of its stated multiple
0.9 pts ahead of its stated multipleASTT returned −62.4% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTT returned−62.4%0.9 pts ahead of its stated multipleASTT returned −62.4% while 2 times ASTS's move would have been −63.3%ASTS −31.6% ×2 implies−63.3%ASTT returned−62.4%

ASTT returned −62.4% 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 · ASTT 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
WindowASTTASTXASTTASTXASTTASTX
1 month−5.9%−6.3%−0.8%−0.8%−5.1 pts−5.5 pts
3 months−62.4%−62.9%−63.3%−63.3%+0.9 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
ASTT Jun 2026 · ASTX Jul 2025
−64.7%−64.3%−67.5%+58.3%+2.8 pts−122.5 pts

ASTT 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

ASTT
Corgi ASTS 2x 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 Corgi Tradr
Sets out to return +2x +2x
Underlying asset ASTS ASTS
Segment company company
Fund returned, 3 months or since launch −62.4% −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 +0.9 pts +0.4 pts
Fund returned, 1 year or since launch −64.7% −64.2%
Difference from stated, over that window +2.8 pts −104.0 pts
Underlying volatility 83% 83%
Difference over the days both have traded +0.9 pts +0.4 pts
Expense ratio 0.45% 1.30%
Launched Jun 30, 2026 Jul 11, 2025
Net assets $233,340 $227m

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

ASTT in plain words

Three months to Sep 30, 2026: ASTT returned −62.4% where its own daily promise gave −61.2%, 1.2 points short. Read the multiple against the whole window instead and 2 times ASTS's −31.6% implies −63.3%, which makes ASTT look 0.9 points over. 2.1 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. ASTT 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, ASTT or ASTX?
Over the window to Sep 30, 2026, ASTT finished 0.9 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 ASTT and ASTX levered on the same thing?
Yes. Both are levered on AST SpaceMobile, ASTT at +2 times and ASTX at +2 times the daily move.
Which one decays faster, ASTT or ASTX?
Decay follows how much the underlying moves about. Over this window ASTT’s moved at 83% annualized and ASTX’s at 83%, so ASTT has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ASTT 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, ASTT or ASTX?
ASTT charges 0.45% a year and ASTX charges 1.30%, so ASTT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ASTT against ASTX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/astt-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.