{"url":"https://etfiq.com/compare/leverage/eurl-vs-xeur","section":"compare","title":"EURL vs XEUR: which held to its multiple? | ETFIQ","description":"EURL sets out to return +3 times VGK each day and XEUR +2 times. Over the three months to Sep 30, 2026 they finished \u22123.7 pts and \u22123.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, EURL or XEUR?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, EURL finished 3.7 points from what its multiple implies and XEUR finished 3.3 points from its own, so XEUR came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are EURL and XEUR levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Vanguard FTSEEuropean ETF, EURL at +3 times and XEUR at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, EURL or XEUR?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window EURL\u2019s moved at 12% annualized and XEUR\u2019s at 12%, so EURL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold EURL or XEUR 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, EURL or XEUR?","acceptedAnswer":{"@type":"Answer","text":"EURL charges 1.04% a year and XEUR charges 0.45%, so XEUR 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":"EURL vs XEUR","item":"https://etfiq.com/compare/leverage/eurl-vs-xeur"}]},{"@type":"WebPage","name":"EURL vs XEUR: which held to its multiple?","description":"EURL sets out to return +3 times VGK each day and XEUR +2 times. Over the three months to Sep 30, 2026 they finished \u22123.7 pts and \u22123.3 pts away.","url":"https://etfiq.com/compare/leverage/eurl-vs-xeur","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, EURL finished 2.6 points short and XEUR 2.9 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of EURL and XEUR","description":"EURL sets out to return +3 times VGK each day and XEUR +2 times. Over the three months to Sep 30, 2026 they finished \u22123.7 pts and \u22123.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/eurl-vs-xeur","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":6940,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / EURL vs XEUR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n EURL vs XEUR: which held to its multiple?\n\n Over three months against its own daily promise, EURL finished 2.6 points short and XEUR 2.9 points short.\n Copy this for sharing \n \n Direxion Daily FTSE Europe Bull 3X ETF and Corgi Europe Equities 2x Daily ETF.\n\n Download as PDF \n\n \u22126.3% EURL returned, 3 months \n \u22125.0% XEUR returned, 3 months \n \u22123.7 pts EURL from its stated multiple \n \u22123.3 pts XEUR from its stated multiple \n\n ETFIQ Decay Resistance Score: EURL scores higher\n ","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/eurl-vs-xeur","a":{"ticker":"EURL","name":"Direxion Daily FTSE Europe Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: EURL returned \u22126.3% where its own daily promise gave \u22123.6%, 2.6 points short.","url":"https://etfiq.com/funds/eurl","key_facts":[{"label":"What VGK did","value":"\u22120.9%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u22123.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$40m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.04%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"XEUR","name":"Corgi Europe Equities 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XEUR returned \u22125.0% where its own daily promise gave \u22122.1%, 2.9 points short.","url":"https://etfiq.com/funds/xeur","key_facts":[{"label":"What VGK did","value":"\u22120.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22122.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22125.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$234,654","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 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/eurl-vs-xeur"}