DSPC vs SPCG: which held to its multiple?
Over a month against its own daily promise, DSPC finished 0.2 points over and SPCG 0.4 points over. Leverage Shares 1X Short SPCX Daily ETF and Tradr 2X Short SpaceX Daily ETF.
DSPC returned −6.1% while −1 times SPCX's move would have been −5.0%
SPCG returned −24.0% while −2 times SPCX's move would have been +8.5%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | DSPC | SPCG | DSPC | SPCG | DSPC | SPCG |
| 1 month | −6.1% | −13.2% | −5.0% | −10.0% | −1.1 pts | −3.3 pts |
| 3 months | not published | −24.0% | not published | +8.5% | not published | −32.5 pts |
| Since launch DSPC Aug 2026 · SPCG Jun 2026 | −8.0% | −1.4% | −7.1% | +43.3% | −0.9 pts | −44.7 pts |
DSPC and SPCG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
DSPC and SPCG on the same fields, as of Sep 30, 2026. Source: ETFIQ.
DSPC in plain words
One month to Sep 30, 2026: DSPC returned −6.1% where its own daily promise gave −6.3%, 0.2 points over. Read the multiple against the whole window instead and −1 times SPCX's 5.0% implies −5.0%, which makes DSPC look 1.1 points short. 1.3 of that is daily compounding, which happens to any −1 times fund over the same path, and the rest is the fund. DSPC aims to return -1 times SPCX's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not -1 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. SPCX moved at 44% 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.
SPCG in plain words
Three months to Sep 30, 2026: SPCG returned −24.0% where its own daily promise gave −25.1%, 1.1 points over. Read the multiple against the whole window instead and −2 times SPCX's −4.2% implies +8.5%, which makes SPCG look 32.5 points short. 33.6 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. SPCG aims to return -2 times SPCX'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. SPCX moved at 70% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, DSPC or SPCG?
- Over the window to Sep 30, 2026, DSPC finished 1.1 points from what its multiple implies and SPCG finished 32.5 points from its own, so DSPC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are DSPC and SPCG levered on the same thing?
- Yes. Both are levered on Space Exploration Technologies, DSPC at -1 times and SPCG at -2 times the daily move.
- Which one decays faster, DSPC or SPCG?
- Decay follows how much the underlying moves about. Over this window DSPC’s moved at 44% annualized and SPCG’s at 70%, so SPCG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold DSPC or SPCG 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, DSPC against SPCG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/dspc-vs-spcg
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, DSPC against SPCG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/dspc-vs-spcg Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, DSPC against SPCG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/dspc-vs-spcg
- APA
- ETFIQ. (Sep 30, 2026). DSPC against SPCG. Retrieved from https://etfiq.com/compare/leverage/dspc-vs-spcg
- Markdown
- [DSPC against SPCG (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/dspc-vs-spcg)