Which came closer to its stated multiple, GEVG or GEVX?

Over the window to Sep 30, 2026, GEVG finished 3.6 points from what its multiple implies and GEVX finished 3.0 points from its own, so GEVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GEVG and GEVX levered on the same thing?

Yes. Both are levered on GE Vernova, GEVG at +2 times and GEVX at +2 times the daily move.

Which one decays faster, GEVG or GEVX?

Decay follows how much the underlying moves about. Over this window GEVG’s moved at 49% annualized and GEVX’s at 49%, so GEVG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold GEVG or GEVX 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.

Which is cheaper, GEVG or GEVX?

GEVG charges 0.75% a year and GEVX charges 1.30%, so GEVG is cheaper. Fees come from each fund's prospectus.

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GEVG vs GEVX: which held to its multiple?

Over the days both have traded, GEVG finished 3.0 points from its stated multiple and GEVX 2.7. Leverage Shares 2X Long GEV Daily ETF and Tradr 2X Long GEV Daily ETF.

−36.1%

GEVG returned, 3 months

−35.4%

GEVX returned, 3 months

−3.6 pts

GEVG from its stated multiple

−3.0 pts

GEVX from its stated multiple

GEVG · 3 months to Sep 30, 20263.6 pts short of its stated multiple

GEVG returned −36.1% while 2 times GEV's move would have been −32.4%

GEVX · 3 months to Sep 30, 20263 pts short of its stated multiple

GEVX returned −35.4% while 2 times GEV's move would have been −32.4%

ETFIQ Decay Resistance Score · GEVX scores higherDid it keep up with its own daily multiple, compounded day by day?

GEVG 70.9

GEVX 92.9

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	GEVG	GEVX	GEVG	GEVX	GEVG	GEVX
1 month	+8.6%	+8.9%	+11.6%	+11.6%	−3.0 pts	−2.7 pts
3 months	−36.1%	−35.4%	−32.4%	−32.4%	−3.6 pts	−3.0 pts
6 months	−7.3%	−6.0%	+12.6%	+12.6%	−19.9 pts	−18.6 pts
1 year	not published	+68.8%	not published	+109.9%	not published	−41.1 pts
Since launch GEVG Dec 2025 · GEVX Jul 2025	+43.0%	+106.0%	+77.5%	+153.5%	−34.5 pts	−47.6 pts

GEVG and GEVX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

GEVG

Leverage Shares 2X Long GEV Daily ETF · Aims to return twice the daily move of GE Vernova (GEV)

GEVX

Tradr 2X Long GEV Daily ETF · Aims to return twice the daily move of GE Vernova (GEV)

Issuer Leverage Shares Tradr

Sets out to return +2x +2x

Underlying asset GEV GEV

Segment company company

Fund returned, 3 months or since launch −36.1% −35.4%

Underlying returned, over that window −16.2% −16.2%

What the stated multiple implies, over that window −32.4% −32.4%

Difference from stated, over that window −3.6 pts −3.0 pts

Fund returned, 1 year or since launch +43.0% +68.8%

Difference from stated, over that window −34.5 pts −41.1 pts

Underlying volatility 49% 49%

Difference over the days both have traded −3.0 pts −2.7 pts

Expense ratio 0.75% 1.30%

Launched Dec 16, 2025 Jul 11, 2025

Net assets $12m $36m

GEVG and GEVX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

GEVG in plain words

Three months to Sep 30, 2026: GEVG returned −36.1% where its own daily promise gave −34.1%, 1.9 points short. Read the multiple against the whole window instead and 2 times GEV's −16.2% implies −32.4%, which makes GEVG look 3.6 points short. 1.7 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GEVG aims to return +2 times GEV's move each day, then resets. Over one day it does that. 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. GEV moved at 49% 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.

GEVX in plain words

Three months to Sep 30, 2026: GEVX returned −35.4% where its own daily promise gave −34.1%, 1.2 points short. Read the multiple against the whole window instead and 2 times GEV's −16.2% implies −32.4%, which makes GEVX look 3.0 points short. GEVX aims to return +2 times GEV's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, GEVG or GEVX?: Over the window to Sep 30, 2026, GEVG finished 3.6 points from what its multiple implies and GEVX finished 3.0 points from its own, so GEVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GEVG and GEVX levered on the same thing?: Yes. Both are levered on GE Vernova, GEVG at +2 times and GEVX at +2 times the daily move.
Which one decays faster, GEVG or GEVX?: Decay follows how much the underlying moves about. Over this window GEVG’s moved at 49% annualized and GEVX’s at 49%, so GEVG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GEVG or GEVX 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.
Which is cheaper, GEVG or GEVX?: GEVG charges 0.75% a year and GEVX charges 1.30%, so GEVG is cheaper. Fees come from each fund's prospectus.

Other comparisons

GEVG vs GEVC GEVX vs GEVC

GEVG on its own →GEVX on its own →How every figure is computed →Standards and sources →

Where these figures came from

GEVG filings on SEC EDGAR ↗GEVG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗GEVX filings on SEC EDGAR ↗GEVX prospectus with the expense ratio (SEC) ↗Tradr website ↗

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.

Cite this page

ETFIQ, GEVG against GEVX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/gevg-vs-gevx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.