{"url":"https://etfiq.com/compare/leverage/axtl-vs-axtu","section":"compare","title":"AXTL vs AXTU: which held to its multiple? | ETFIQ","description":"AXTL sets out to return +2 times AXTI each day and AXTU +2 times. Over the three months to Sep 30, 2026 they finished \u221264.2 pts and \u221265.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AXTL or AXTU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AXTL finished 64.2 points from what its multiple implies and AXTU finished 65.0 points from its own, so AXTL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AXTL and AXTU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on AXT, AXTL at +2 times and AXTU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AXTL or AXTU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AXTL\u2019s moved at 158% annualized and AXTU\u2019s at 158%, so AXTL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AXTL or AXTU 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 AXTU?","acceptedAnswer":{"@type":"Answer","text":"AXTL charges 0.99% a year and AXTU charges 1.50%, 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 AXTU","item":"https://etfiq.com/compare/leverage/axtl-vs-axtu"}]},{"@type":"WebPage","name":"AXTL vs AXTU: which held to its multiple?","description":"AXTL sets out to return +2 times AXTI each day and AXTU +2 times. Over the three months to Sep 30, 2026 they finished \u221264.2 pts and \u221265.0 pts away.","url":"https://etfiq.com/compare/leverage/axtl-vs-axtu","dateModified":"2026-09-30","abstract":"Over the days both have traded, AXTL finished 5.9 points from its stated multiple and AXTU 10.5.","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 AXTU","description":"AXTL sets out to return +2 times AXTI each day and AXTU +2 times. Over the three months to Sep 30, 2026 they finished \u221264.2 pts and \u221265.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/axtl-vs-axtu","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":6418,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AXTL vs AXTU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AXTL vs AXTU: which held to its multiple?\n\n Over the days both have traded, AXTL finished 5.9 points from its stated multiple and AXTU 10.5.\n Copy this for sharing \n \n Leverage Shares 2X Long AXTI Daily ETF and T-REX 2X LONG AXTI DAILY TARGET ETF.\n\n Download as PDF \n\n \u221226.1% AXTL returned, 3 months \n \u221227.0% AXTU returned, 3 months \n \u221264.2 pts AXTL from its stated multiple \n \u221265.0 pts AXTU from its stated multiple \n\n ETFIQ Decay Resistance Score: AXTL scores higher\n Did i","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-axtu","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":"AXTU","name":"T-REX 2X LONG AXTI DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AXTU returned \u221227.0% where its own daily promise gave \u221221.7%, 5.2 points short.","url":"https://etfiq.com/funds/axtu","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":"\u221227.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22125.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$20m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 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-axtu"}