{"url":"https://etfiq.com/compare/leverage/dspc-vs-lofd","section":"compare","title":"DSPC vs LOFD: which held to its multiple? | ETFIQ","description":"DSPC sets out to return -1 times SPCX each day and LOFD -2 times. Over the month to Sep 30, 2026 they finished \u22121.1 pts and \u22122.7 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, DSPC or LOFD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, DSPC finished 1.1 points from what its multiple implies and LOFD finished 2.7 points from its own, so DSPC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are DSPC and LOFD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Space Exploration Technologies, DSPC at -1 times and LOFD at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, DSPC or LOFD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window DSPC\u2019s moved at 44% annualized and LOFD\u2019s at 44%, so DSPC has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold DSPC or LOFD 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, DSPC or LOFD?","acceptedAnswer":{"@type":"Answer","text":"DSPC charges 0.99% a year and LOFD charges 0.97%, so LOFD 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":"DSPC vs LOFD","item":"https://etfiq.com/compare/leverage/dspc-vs-lofd"}]},{"@type":"WebPage","name":"DSPC vs LOFD: which held to its multiple?","description":"DSPC sets out to return -1 times SPCX each day and LOFD -2 times. Over the month to Sep 30, 2026 they finished \u22121.1 pts and \u22122.7 pts away.","url":"https://etfiq.com/compare/leverage/dspc-vs-lofd","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, DSPC finished 0.2 points over and LOFD 1.0 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DSPC and LOFD","description":"DSPC sets out to return -1 times SPCX each day and LOFD -2 times. Over the month to Sep 30, 2026 they finished \u22121.1 pts and \u22122.7 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/dspc-vs-lofd","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":6293,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / DSPC vs LOFD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DSPC vs LOFD: which held to its multiple?\n\n Over a month against its own daily promise, DSPC finished 0.2 points over and LOFD 1.0 points over.\n Copy this for sharing \n \n Leverage Shares 1X Short SPCX Daily ETF and Direxion Daily SpaceX Bear 2X ETF.\n\n Download as PDF \n\n \u22128.0% DSPC returned, since launch \n \u221251.5% LOFD returned, since launch \n \u22120.9 pts DSPC from its stated multiple \n +11.0 pts LOFD from its stated multiple \n\n DSPC 1.1 pts short of its stated multiple \u00b7 1 m","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/dspc-vs-lofd","a":{"ticker":"DSPC","name":"Leverage Shares 1X Short SPCX Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: DSPC returned \u22126.1% where its own daily promise gave \u22126.3%, 0.2 points over.","url":"https://etfiq.com/funds/dspc","key_facts":[{"label":"What SPCX did","value":"+5.0%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u22126.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$346,000","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":"issuer page"}]},"b":{"ticker":"LOFD","name":"Direxion Daily SpaceX Bear 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: LOFD returned \u221212.7% where its own daily promise gave \u221213.6%, 1.0 points over.","url":"https://etfiq.com/funds/lofd","key_facts":[{"label":"What SPCX did","value":"+5.0%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221213.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221212.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 8, 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/dspc-vs-lofd"}