{"url":"https://etfiq.com/compare/leverage/axtl-vs-axtq","section":"compare","title":"AXTL vs AXTQ: which held to its multiple? | ETFIQ","description":"AXTL sets out to return +2 times AXTI each day and AXTQ -2 times. Over the month to Sep 30, 2026 they finished \u22125.9 pts and \u22120.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AXTL or AXTQ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AXTL finished 64.2 points from what its multiple implies and AXTQ finished 0.3 points from its own, so AXTQ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AXTL and AXTQ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on AXT, AXTL at +2 times and AXTQ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AXTL or AXTQ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AXTL\u2019s moved at 158% annualized and AXTQ\u2019s at 109%, so AXTL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AXTL or AXTQ 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, AXTL or AXTQ?","acceptedAnswer":{"@type":"Answer","text":"AXTL charges 0.99% a year and AXTQ charges 1.49%, so AXTL 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":"AXTL vs AXTQ","item":"https://etfiq.com/compare/leverage/axtl-vs-axtq"}]},{"@type":"WebPage","name":"AXTL vs AXTQ: which held to its multiple?","description":"AXTL sets out to return +2 times AXTI each day and AXTQ -2 times. Over the month to Sep 30, 2026 they finished \u22125.9 pts and \u22120.3 pts away.","url":"https://etfiq.com/compare/leverage/axtl-vs-axtq","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, AXTL finished 1.5 points over and AXTQ 0.1 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 AXTL and AXTQ","description":"AXTL sets out to return +2 times AXTI each day and AXTQ -2 times. Over the month to Sep 30, 2026 they finished \u22125.9 pts and \u22120.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/axtl-vs-axtq","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":6338,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AXTL vs AXTQ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AXTL vs AXTQ: which held to its multiple?\n\n Over a month against its own daily promise, AXTL finished 1.5 points over and AXTQ 0.1 points short.\n Copy this for sharing \n \n Leverage Shares 2X Long AXTI Daily ETF and Tradr 2X Short AXTI Daily ETF.\n\n Download as PDF \n\n \u221226.1% AXTL returned, 3 months \n \u221226.0% AXTQ returned, since launch \n \u221264.2 pts AXTL from its stated multiple \n \u221237.9 pts AXTQ from its stated multiple \n\n AXTL 64.2 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/axtl-vs-axtq","a":{"ticker":"AXTL","name":"Leverage Shares 2X Long AXTI Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AXTL returned \u221226.1% where its own daily promise gave \u221221.7%, 4.4 points short.","url":"https://etfiq.com/funds/axtl","key_facts":[{"label":"What AXTI did","value":"+19.0%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221221.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221226.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$8m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.99%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 9, 2026"}]},"b":{"ticker":"AXTQ","name":"Tradr 2X Short AXTI Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: AXTQ returned \u221255.8% where its own daily promise gave \u221255.7%, 0.1 points short.","url":"https://etfiq.com/funds/axtq","key_facts":[{"label":"What AXTI did","value":"+27.7%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221255.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221255.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$10m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 31, 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/axtl-vs-axtq"}