Which came closer to its stated multiple, BEC or BEZ?

Over the window to Sep 30, 2026, BEC finished 25.3 points from what its multiple implies and BEZ finished 67.6 points from its own, so BEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are BEC and BEZ levered on the same thing?

Yes. Both are levered on Bloom Energy, BEC at +2 times and BEZ at -2 times the daily move.

Which one decays faster, BEC or BEZ?

Decay follows how much the underlying moves about. Over this window BEC’s moved at 110% annualized and BEZ’s at 110%, so BEC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold BEC or BEZ 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, BEC or BEZ?

BEC charges 0.45% a year and BEZ charges 1.49%, so BEC is cheaper. Fees come from each fund's prospectus.

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BEC vs BEZ: which held to its multiple?

Over three months against its own daily promise, BEC finished 2.7 points short and BEZ 0.2 points over. Corgi BE 2x Daily ETF and Tradr 2X Short BE Daily ETF.

−33.9%

BEC returned, 3 months

−59.0%

BEZ returned, 3 months

−25.3 pts

BEC from its stated multiple

−67.6 pts

BEZ from its stated multiple

BEC · 3 months to Sep 30, 202625.3 pts short of its stated multiple

BEC returned −33.9% while 2 times BE's move would have been −8.6%

BEZ · 3 months to Sep 30, 202667.6 pts short of its stated multiple

BEZ returned −59.0% while −2 times BE's move would have been +8.6%

ETFIQ Decay Resistance Score · BEC scores higherDid it keep up with its own daily multiple, compounded day by day?

BEC among the 470 leveraged ETFs, long, over three months

BEC 49.4

0.1, the lowest in this set99.9, the highest

BEZ among the 125 inverse ETFs over three months

BEZ 19.6

0.4, the lowest in this set99.6, the highest

A percentile among the 470 leveraged ETFs, long, over three months. BEZ is a percentile among the 125 inverse ETFs over three months, a different set, so the two marks are not on one scale. 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 return		Multiple would give		Difference
Window	BEC	BEZ	BEC	BEZ	BEC	BEZ
1 month	+65.7%	−55.4%	+68.5%	−68.5%	−2.8 pts	+13.2 pts
3 months	−33.9%	−59.0%	−8.6%	+8.6%	−25.3 pts	−67.6 pts
6 months	not published	−97.3%	not published	not meaningful	not published	not meaningful
Since launch BEC Jun 2026 · BEZ Feb 2026	−40.1%	−97.8%	−17.0%	−156.2%	−23.1 pts	+58.4 pts

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

On the same fields

BEC

Corgi BE 2x Daily ETF · Aims to return twice the daily move of Bloom Energy (BE)

BEZ

Tradr 2X Short BE Daily ETF · Aims to return twice the opposite of the daily move of Bloom Energy (BE)

Issuer Corgi Tradr

Sets out to return +2x -2x

Underlying asset BE BE

Segment company company

Fund returned, 3 months or since launch −33.9% −59.0%

Underlying returned, over that window −4.3% −4.3%

What the stated multiple implies, over that window −8.6% +8.6%

Difference from stated, over that window −25.3 pts −67.6 pts

Fund returned, 1 year or since launch −40.1% −97.8%

Difference from stated, over that window −23.1 pts +58.4 pts

Underlying volatility 110% 110%

Difference over the days both have traded −25.3 pts no shared window

Expense ratio 0.45% 1.49%

Launched Jun 30, 2026 Feb 11, 2026

Net assets $1m $24m

BEC and BEZ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

BEC in plain words

Three months to Sep 30, 2026: BEC returned −33.9% where its own daily promise gave −31.3%, 2.7 points short. Read the multiple against the whole window instead and 2 times BE's −4.3% implies −8.6%, which makes BEC look 25.3 points short. 22.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. BEC aims to return +2 times BE'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. BE moved at 110% 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.

BEZ in plain words

Three months to Sep 30, 2026: BEZ returned −59.0% where its own daily promise gave −59.2%, 0.2 points over. Read the multiple against the whole window instead and −2 times BE's −4.3% implies +8.6%, which makes BEZ look 67.6 points short. 67.8 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. BEZ aims to return -2 times BE's move each day, then resets. 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.

Questions people ask

Which came closer to its stated multiple, BEC or BEZ?: Over the window to Sep 30, 2026, BEC finished 25.3 points from what its multiple implies and BEZ finished 67.6 points from its own, so BEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are BEC and BEZ levered on the same thing?: Yes. Both are levered on Bloom Energy, BEC at +2 times and BEZ at -2 times the daily move.
Which one decays faster, BEC or BEZ?: Decay follows how much the underlying moves about. Over this window BEC’s moved at 110% annualized and BEZ’s at 110%, so BEC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold BEC or BEZ 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, BEC or BEZ?: BEC charges 0.45% a year and BEZ charges 1.49%, so BEC is cheaper. Fees come from each fund's prospectus.

Other comparisons

BEC vs BEG BEC vs BEX BEZ vs BEG BEZ vs BEX

BEC on its own →BEZ on its own →How every figure is computed →Standards and sources →

Where these figures came from

BEC filings on SEC EDGAR ↗BEC prospectus with the expense ratio (SEC) ↗Corgi website ↗BEZ filings on SEC EDGAR ↗BEZ prospectus with the expense ratio (SEC) ↗Tradr website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, BEC against BEZ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/bec-vs-bez

Open data

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