{"url":"https://etfiq.com/compare/leverage/etu-vs-seth","section":"compare","title":"ETU vs SETH: which held to its multiple? | ETFIQ","description":"ETU sets out to return +2 times ETHA each day and SETH -1 times. Over the three months to Sep 30, 2026 they finished +21.2 pts and +23.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ETU or SETH?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ETU finished 21.2 points from what its multiple implies and SETH finished 23.0 points from its own, so ETU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ETU and SETH levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on ether, ETU at +2 times and SETH at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ETU or SETH?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ETU\u2019s moved at 48% annualized and SETH\u2019s at 48%, so ETU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ETU or SETH 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, ETU or SETH?","acceptedAnswer":{"@type":"Answer","text":"ETU charges 0.95% a year and SETH charges 0.95%, so ETU 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":"ETU vs SETH","item":"https://etfiq.com/compare/leverage/etu-vs-seth"}]},{"@type":"WebPage","name":"ETU vs SETH: which held to its multiple?","description":"ETU sets out to return +2 times ETHA each day and SETH -1 times. Over the three months to Sep 30, 2026 they finished +21.2 pts and +23.0 pts away.","url":"https://etfiq.com/compare/leverage/etu-vs-seth","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, ETU finished 6.2 points short and SETH 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 ETU and SETH","description":"ETU sets out to return +2 times ETHA each day and SETH -1 times. Over the three months to Sep 30, 2026 they finished +21.2 pts and +23.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/etu-vs-seth","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":7082,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ETU vs SETH \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ETU vs SETH: which held to its multiple?\n\n Over three months against its own daily promise, ETU finished 6.2 points short and SETH 1.0 points over.\n Copy this for sharing \n \n T-Rex 2X Long Ether Daily Target ETF and ProShares Short Ether ETF.\n\n Download as PDF \n\n +151.3% ETU returned, 3 months \n \u221242.0% SETH returned, 3 months \n +21.2 pts ETU from its stated multiple \n +23.0 pts SETH from its stated multiple \n\n ETFIQ Decay Resistance Score: SETH scores higher\n Did it keep ","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/etu-vs-seth","a":{"ticker":"ETU","name":"T-Rex 2X Long Ether Daily Target ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ETU returned +151.3% where its own daily promise gave +157.5%, 6.2 points short.","url":"https://etfiq.com/funds/etu","key_facts":[{"label":"What ETHA did","value":"+65.0%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+157.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+151.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22126.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$18m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"b":{"ticker":"SETH","name":"ProShares Short Ether ETF","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SETH returned \u221242.0% where its own daily promise gave \u221243.1%, 1.0 points over.","url":"https://etfiq.com/funds/seth","key_facts":[{"label":"What ETHA did","value":"+65.0%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u221243.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221242.0%","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":"$9m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 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/etu-vs-seth"}