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

Over the window to Sep 30, 2026, GOOX finished 4.7 points from what its multiple implies and GOU finished 4.6 points from its own, so GOU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GOOX and GOU levered on the same thing?

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

Which one decays faster, GOOX or GOU?

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

Can I hold GOOX or GOU 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, GOOX or GOU?

GOOX charges 1.05% a year and GOU charges 1.15%, so GOOX is cheaper. Fees come from each fund's prospectus.

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GOOX vs GOU: which held to its multiple?

Over the days both have traded, GOOX finished 1.4 points from its stated multiple and GOU 1.3. T-REX 2X LONG ALPHABET DAILY TARGET ETF and GraniteShares 2x Long GOOGL Daily ETF.

−14.1%

GOOX returned, 3 months

−13.9%

GOU returned, 3 months

−4.7 pts

GOOX from its stated multiple

−4.6 pts

GOU from its stated multiple

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%

GOU · 3 months to Sep 30, 20264.6 pts short of its stated multiple

GOU returned −13.9% while 2 times GOOGL's move would have been −9.4%

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

GOOX 58.4

GOU 64.5

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	GOOX	GOU	GOOX	GOU	GOOX	GOU
1 month	+1.5%	+1.6%	+2.9%	+2.9%	−1.4 pts	−1.3 pts
3 months	−14.1%	−13.9%	−9.4%	−9.4%	−4.7 pts	−4.6 pts
6 months	+19.0%	+19.6%	+31.7%	+31.7%	−12.7 pts	−12.1 pts
1 year	+59.7%	not published	+83.8%	not published	−24.1 pts	not published
Since launch GOOX Jan 2024 · GOU Dec 2025	+227.6%	+0.1%	not meaningful	+18.5%	not meaningful	−18.4 pts

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

On the same fields

GOOX

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

GOU

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

Issuer T-REX GraniteShares

Sets out to return +2x +2x

Underlying asset GOOGL GOOGL

Segment company company

Fund returned, 3 months or since launch −14.1% −13.9%

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 −4.7 pts −4.6 pts

Fund returned, 1 year or since launch +59.7% +0.1%

Difference from stated, over that window −24.1 pts −18.4 pts

Underlying volatility 34% 34%

Difference over the days both have traded −1.4 pts −1.3 pts

Expense ratio 1.05% 1.15%

Launched Jan 11, 2024 Dec 2, 2025

Net assets $63m $18m

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

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. 2.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GOOX 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.

GOU in plain words

Three months to Sep 30, 2026: GOU returned −13.9% where its own daily promise gave −11.7%, 2.2 points short. Read the multiple against the whole window instead and 2 times GOOGL's −4.7% implies −9.4%, which makes GOU look 4.6 points short. GOU aims to return +2 times GOOGL's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, GOOX or GOU?: Over the window to Sep 30, 2026, GOOX finished 4.7 points from what its multiple implies and GOU finished 4.6 points from its own, so GOU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GOOX and GOU levered on the same thing?: Yes. Both are levered on Alphabet, GOOX at +2 times and GOU at +2 times the daily move.
Which one decays faster, GOOX or GOU?: Decay follows how much the underlying moves about. Over this window GOOX’s moved at 34% annualized and GOU’s at 34%, so GOOX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GOOX or GOU 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, GOOX or GOU?: GOOX charges 1.05% a year and GOU charges 1.15%, so GOOX is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

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

Where these figures came from

GOOX filings on SEC EDGAR ↗GOOX prospectus with the expense ratio (SEC) ↗T-REX page for GOOX ↗GOU filings on SEC EDGAR ↗GOU prospectus with the expense ratio (SEC) ↗GraniteShares page for GOU ↗

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

Open data

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