{"url":"https://etfiq.com/compare/leverage/glx-vs-glxu","section":"compare","title":"GLX vs GLXU: which held to its multiple? | ETFIQ","description":"GLX sets out to return +2 times GLXY each day and GLXU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.6 pts and \u221215.7 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, GLX or GLXU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, GLX finished 15.6 points from what its multiple implies and GLXU finished 15.7 points from its own, so GLX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are GLX and GLXU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Galaxy Digital, GLX at +2 times and GLXU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, GLX or GLXU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window GLX\u2019s moved at 91% annualized and GLXU\u2019s at 91%, so GLX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold GLX or GLXU 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, GLX or GLXU?","acceptedAnswer":{"@type":"Answer","text":"GLX charges 0.45% a year and GLXU charges 1.50%, so GLX 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":"GLX vs GLXU","item":"https://etfiq.com/compare/leverage/glx-vs-glxu"}]},{"@type":"WebPage","name":"GLX vs GLXU: which held to its multiple?","description":"GLX sets out to return +2 times GLXY each day and GLXU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.6 pts and \u221215.7 pts away.","url":"https://etfiq.com/compare/leverage/glx-vs-glxu","dateModified":"2026-09-30","abstract":"Over the days both have traded, GLX finished 15.6 points from its stated multiple and GLXU 15.7.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GLX and GLXU","description":"GLX sets out to return +2 times GLXY each day and GLXU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.6 pts and \u221215.7 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/glx-vs-glxu","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":6465,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / GLX vs GLXU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n GLX vs GLXU: which held to its multiple?\n\n Over the days both have traded, GLX finished 15.6 points from its stated multiple and GLXU 15.7.\n Copy this for sharing \n \n Corgi GLXY 2x Daily ETF and T-REX 2X LONG GLXY DAILY TARGET ETF.\n\n Download as PDF \n\n \u221239.7% GLX returned, 3 months \n \u221239.8% GLXU returned, 3 months \n \u221215.6 pts GLX from its stated multiple \n \u221215.7 pts GLXU from its stated multiple \n\n ETFIQ Decay Resistance Score: GLX scores higher\n Did it keep up with its o","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/glx-vs-glxu","a":{"ticker":"GLX","name":"Corgi GLXY 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GLX returned \u221239.7% where its own daily promise gave \u221237.3%, 2.4 points short.","url":"https://etfiq.com/funds/glx","key_facts":[{"label":"What GLXY did","value":"\u221212.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221237.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221239.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$247,354","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, Jun 5, 2026"}]},"b":{"ticker":"GLXU","name":"T-REX 2X LONG GLXY DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GLXU returned \u221239.8% where its own daily promise gave \u221237.3%, 2.5 points short.","url":"https://etfiq.com/funds/glxu","key_facts":[{"label":"What GLXY did","value":"\u221212.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221237.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221239.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 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/glx-vs-glxu"}