{"url":"https://etfiq.com/compare/leverage/elil-vs-llyx","section":"compare","title":"ELIL vs LLYX: which held to its multiple? | ETFIQ","description":"ELIL sets out to return +2 times LLY each day and LLYX +2 times. Over the three months to Sep 30, 2026 they finished \u22123.8 pts and \u22124.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ELIL or LLYX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ELIL finished 3.8 points from what its multiple implies and LLYX finished 4.8 points from its own, so ELIL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ELIL and LLYX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Eli Lilly and, ELIL at +2 times and LLYX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ELIL or LLYX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ELIL\u2019s moved at 30% annualized and LLYX\u2019s at 30%, so ELIL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ELIL or LLYX 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, ELIL or LLYX?","acceptedAnswer":{"@type":"Answer","text":"ELIL charges 1.07% a year and LLYX charges 1.49%, so ELIL 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":"ELIL vs LLYX","item":"https://etfiq.com/compare/leverage/elil-vs-llyx"}]},{"@type":"WebPage","name":"ELIL vs LLYX: which held to its multiple?","description":"ELIL sets out to return +2 times LLY each day and LLYX +2 times. Over the three months to Sep 30, 2026 they finished \u22123.8 pts and \u22124.8 pts away.","url":"https://etfiq.com/compare/leverage/elil-vs-llyx","dateModified":"2026-09-30","abstract":"Over the days both have traded, ELIL finished 3.8 points from its stated multiple and LLYX 4.8.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ELIL and LLYX","description":"ELIL sets out to return +2 times LLY each day and LLYX +2 times. Over the three months to Sep 30, 2026 they finished \u22123.8 pts and \u22124.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/elil-vs-llyx","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":6391,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ELIL vs LLYX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ELIL vs LLYX: which held to its multiple?\n\n Over the days both have traded, ELIL finished 3.8 points from its stated multiple and LLYX 4.8.\n Copy this for sharing \n \n Direxion Daily LLY Bull 2X ETF and Defiance Daily Target 2X Long LLY ETF.\n\n Download as PDF \n\n \u22129.3% ELIL returned, 3 months \n \u221210.3% LLYX returned, 3 months \n \u22123.8 pts ELIL from its stated multiple \n \u22124.8 pts LLYX from its stated multiple \n\n ETFIQ Decay Resistance Score: ELIL scores higher\n Did it keep up ","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/elil-vs-llyx","a":{"ticker":"ELIL","name":"Direxion Daily LLY Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ELIL returned \u22129.3% where its own daily promise gave \u22127.5%, 1.8 points short.","url":"https://etfiq.com/funds/elil","key_facts":[{"label":"What LLY did","value":"\u22122.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22127.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22129.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$17m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"LLYX","name":"Defiance Daily Target 2X Long LLY ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: LLYX returned \u221210.3% where its own daily promise gave \u22127.5%, 2.8 points short.","url":"https://etfiq.com/funds/llyx","key_facts":[{"label":"What LLY did","value":"\u22122.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22127.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221210.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$89m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 24, 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/elil-vs-llyx"}