BOEG vs BOEU: which held to its multiple?
Over the days both have traded, BOEG finished 2.0 points from its stated multiple and BOEU 1.9. Leverage Shares 2X Long BA Daily ETF and Direxion Daily BA Bull 2X ETF.
BOEG returned −31.8% while 2 times BA's move would have been −29.8%
BOEU returned −31.7% while 2 times BA's move would have been −29.8%
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 return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | BOEG | BOEU | BOEG | BOEU | BOEG | BOEU |
| 1 month | −21.6% | −21.5% | −20.9% | −20.9% | −0.6 pts | −0.6 pts |
| 3 months | −31.8% | −31.7% | −29.8% | −29.8% | −2.0 pts | −1.9 pts |
| 6 months | −28.4% | −28.1% | −20.5% | −20.5% | −7.9 pts | −7.5 pts |
| 1 year | −41.0% | −40.3% | −27.6% | −27.6% | −13.4 pts | −12.7 pts |
| Since launch BOEG Jun 2025 · BOEU Apr 2025 | −33.8% | −13.5% | −14.2% | +15.9% | −19.6 pts | −29.4 pts |
BOEG and BOEU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
BOEG and BOEU on the same fields, as of Sep 30, 2026. Source: ETFIQ.
BOEG in plain words
Three months to Sep 30, 2026: BOEG returned −31.8% where its own daily promise gave −29.8%, 2.0 points short. Read the multiple against the whole window instead and 2 times BA's −14.9% implies −29.8%, which makes BOEG look 2.0 points short. 0.0 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. BOEG aims to return +2 times BA'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. BA moved at 35% 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.
BOEU in plain words
Three months to Sep 30, 2026: BOEU returned −31.7% where its own daily promise gave −29.8%, 1.9 points short. Read the multiple against the whole window instead and 2 times BA's −14.9% implies −29.8%, which makes BOEU look 1.9 points short. BOEU aims to return +2 times BA's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, BOEG or BOEU?
- Over the window to Sep 30, 2026, BOEG finished 2.0 points from what its multiple implies and BOEU finished 1.9 points from its own, so BOEU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are BOEG and BOEU levered on the same thing?
- Yes. Both are levered on Boeing, BOEG at +2 times and BOEU at +2 times the daily move.
- Which one decays faster, BOEG or BOEU?
- Decay follows how much the underlying moves about. Over this window BOEG’s moved at 35% annualized and BOEU’s at 35%, so BOEG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold BOEG or BOEU 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.
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.
ETFIQ, BOEG against BOEU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/boeg-vs-boeu
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, BOEG against BOEU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/boeg-vs-boeu Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, BOEG against BOEU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/boeg-vs-boeu
- APA
- ETFIQ. (Sep 30, 2026). BOEG against BOEU. Retrieved from https://etfiq.com/compare/leverage/boeg-vs-boeu
- Markdown
- [BOEG against BOEU (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/boeg-vs-boeu)