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.

−31.8%
BOEG returned, 3 months
−31.7%
BOEU returned, 3 months
−2.0 pts
BOEG from its stated multiple
−1.9 pts
BOEU from its stated multiple
BOEG · 3 months to Sep 30, 20262 pts short of its stated multiple
2 pts short of its stated multipleBOEG returned −31.8% while 2 times BA's move would have been −29.8%BA −14.9% ×2 implies−29.8%BOEG returned−31.8%2 pts short of its stated multipleBOEG returned −31.8% while 2 times BA's move would have been −29.8%BA −14.9% ×2 implies−29.8%BOEG returned−31.8%

BOEG returned −31.8% while 2 times BA's move would have been −29.8%

BOEU · 3 months to Sep 30, 20261.9 pts short of its stated multiple
1.9 pts short of its stated multipleBOEU returned −31.7% while 2 times BA's move would have been −29.8%BA −14.9% ×2 implies−29.8%BOEU returned−31.7%1.9 pts short of its stated multipleBOEU returned −31.7% while 2 times BA's move would have been −29.8%BA −14.9% ×2 implies−29.8%BOEU returned−31.7%

BOEU returned −31.7% while 2 times BA's move would have been −29.8%

ETFIQ Decay Resistance Score · BOEU 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
WindowBOEGBOEUBOEGBOEUBOEGBOEU
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
Leverage Shares 2X Long BA Daily ETF · Aims to return twice the daily move of Boeing (BA)
BOEU
Direxion Daily BA Bull 2X ETF · Aims to return twice the daily move of Boeing (BA)
Issuer Leverage Shares Direxion
Sets out to return +2x +2x
Underlying asset BA BA
Segment company company
Fund returned, 3 months or since launch −31.8% −31.7%
Underlying returned, over that window −14.9% −14.9%
What the stated multiple implies, over that window −29.8% −29.8%
Difference from stated, over that window −2.0 pts −1.9 pts
Fund returned, 1 year or since launch −41.0% −40.3%
Difference from stated, over that window −13.4 pts −12.7 pts
Underlying volatility 35% 35%
Difference over the days both have traded −2.0 pts −1.9 pts
Expense ratio 0.77% 1.06%
Launched Jun 13, 2025 Apr 23, 2025
Net assets $7m $21m

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.
Which is cheaper, BOEG or BOEU?
BOEG charges 0.77% a year and BOEU charges 1.06%, so BOEG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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, BOEG against BOEU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/boeg-vs-boeu

Open data

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