Which came closer to its stated multiple, GOGL or GOOX?

Over the window to Sep 30, 2026, GOGL finished 5.1 points from what its multiple implies and GOOX finished 4.7 points from its own, so GOOX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GOGL and GOOX levered on the same thing?

Yes. Both are levered on Alphabet, GOGL at +2 times and GOOX at +2 times the daily move.

Which one decays faster, GOGL or GOOX?

Decay follows how much the underlying moves about. Over this window GOGL’s moved at 34% annualized and GOOX’s at 34%, so GOGL has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold GOGL or GOOX 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, GOGL or GOOX?

GOGL charges 0.45% a year and GOOX charges 1.05%, so GOGL is cheaper. Fees come from each fund's prospectus.

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GOGL vs GOOX: which held to its multiple?

Over the days both have traded, GOGL finished 2.1 points from its stated multiple and GOOX 1.4. Corgi GOOGL 2x Daily ETF and T-REX 2X LONG ALPHABET DAILY TARGET ETF.

−14.4%

GOGL returned, 3 months

−14.1%

GOOX returned, 3 months

−5.1 pts

GOGL from its stated multiple

−4.7 pts

GOOX from its stated multiple

GOGL · 3 months to Sep 30, 20265.1 pts short of its stated multiple

GOGL returned −14.4% while 2 times GOOGL's move would have been −9.4%

GOOX · 3 months to Sep 30, 20264.7 pts short of its stated multiple

GOOX returned −14.1% while 2 times GOOGL's move would have been −9.4%

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

GOGL 47.4

GOOX 58.4

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	GOGL	GOOX	GOGL	GOOX	GOGL	GOOX
1 month	+0.8%	+1.5%	+2.9%	+2.9%	−2.1 pts	−1.4 pts
3 months	−14.4%	−14.1%	−9.4%	−9.4%	−5.1 pts	−4.7 pts
6 months	not published	+19.0%	not published	+31.7%	not published	−12.7 pts
1 year	not published	+59.7%	not published	+83.8%	not published	−24.1 pts
Since launch GOGL Jun 2026 · GOOX Jan 2024	−12.5%	+227.6%	−7.3%	not meaningful	−5.2 pts	not meaningful

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

On the same fields

GOGL

Corgi GOOGL 2x Daily ETF · Aims to return twice the daily move of Alphabet (GOOGL)

GOOX

T-REX 2X LONG ALPHABET DAILY TARGET ETF · Aims to return twice the daily move of Alphabet (GOOGL)

Issuer Corgi T-REX

Sets out to return +2x +2x

Underlying asset GOOGL GOOGL

Segment company company

Fund returned, 3 months or since launch −14.4% −14.1%

Underlying returned, over that window −4.7% −4.7%

What the stated multiple implies, over that window −9.4% −9.4%

Difference from stated, over that window −5.1 pts −4.7 pts

Fund returned, 1 year or since launch −12.5% +59.7%

Difference from stated, over that window −5.2 pts −24.1 pts

Underlying volatility 34% 34%

Difference over the days both have traded −2.1 pts −1.4 pts

Expense ratio 0.45% 1.05%

Launched Jun 30, 2026 Jan 11, 2024

Net assets $2m $63m

GOGL and GOOX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

GOGL in plain words

Three months to Sep 30, 2026: GOGL returned −14.4% where its own daily promise gave −11.7%, 2.7 points short. Read the multiple against the whole window instead and 2 times GOOGL's −4.7% implies −9.4%, which makes GOGL look 5.1 points short. 2.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GOGL aims to return +2 times GOOGL'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. GOOGL moved at 34% 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.

GOOX in plain words

Three months to Sep 30, 2026: GOOX returned −14.1% where its own daily promise gave −11.7%, 2.4 points short. Read the multiple against the whole window instead and 2 times GOOGL's −4.7% implies −9.4%, which makes GOOX look 4.7 points short. GOOX aims to return +2 times GOOGL's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, GOGL or GOOX?: Over the window to Sep 30, 2026, GOGL finished 5.1 points from what its multiple implies and GOOX finished 4.7 points from its own, so GOOX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GOGL and GOOX levered on the same thing?: Yes. Both are levered on Alphabet, GOGL at +2 times and GOOX at +2 times the daily move.
Which one decays faster, GOGL or GOOX?: Decay follows how much the underlying moves about. Over this window GOGL’s moved at 34% annualized and GOOX’s at 34%, so GOGL has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GOGL or GOOX 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, GOGL or GOOX?: GOGL charges 0.45% a year and GOOX charges 1.05%, so GOGL is cheaper. Fees come from each fund's prospectus.

Other comparisons

GOGL vs GOOL GOGL vs GOU GOGL vs GGLL GOGL vs GGLS GOOX vs GOU GOOX vs GGLL GOOX vs GGLS GOOX vs GOOL

GOGL on its own →GOOX on its own →How every figure is computed →Standards and sources →

Where these figures came from

GOGL filings on SEC EDGAR ↗GOGL prospectus with the expense ratio (SEC) ↗Corgi website ↗GOOX filings on SEC EDGAR ↗GOOX prospectus with the expense ratio (SEC) ↗T-REX page for GOOX ↗

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, GOGL against GOOX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/gogl-vs-goox

Open data

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