{"url":"https://etfiq.com/compare/leverage/katt-vs-pur","section":"compare","title":"KATT vs PUR: which held to its multiple? | ETFIQ","description":"KATT sets out to return +2 times PURR each day and PUR +2 times. Over the window both have traded to Sep 30, 2026 they finished \u22127.5 pts and \u221210.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are KATT and PUR levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Hyperliquid Strategies, KATT at +2 times and PUR at +2 times the daily move."}},{"@type":"Question","name":"Can I hold KATT or PUR 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, KATT or PUR?","acceptedAnswer":{"@type":"Answer","text":"KATT charges 1.50% a year and PUR charges 1.31%, so PUR 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":"KATT vs PUR","item":"https://etfiq.com/compare/leverage/katt-vs-pur"}]},{"@type":"WebPage","name":"KATT vs PUR: which held to its multiple?","description":"KATT sets out to return +2 times PURR each day and PUR +2 times. Over the window both have traded to Sep 30, 2026 they finished \u22127.5 pts and \u221210.6 pts away.","url":"https://etfiq.com/compare/leverage/katt-vs-pur","dateModified":"2026-09-30","abstract":"Over the days both have traded, KATT finished 0.4 points from its stated multiple and PUR 0.2.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KATT and PUR","description":"KATT sets out to return +2 times PURR each day and PUR +2 times. Over the window both have traded to Sep 30, 2026 they finished \u22127.5 pts and \u221210.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/katt-vs-pur","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":5474,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / KATT vs PUR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n KATT vs PUR: which held to its multiple?\n\n Over the days both have traded, KATT finished 0.4 points from its stated multiple and PUR 0.2.\n Copy this for sharing \n \n T-REX 2X LONG PURR DAILY TARGET ETF and Defiance Daily Target 2X Long PURR ETF.\n\n Download as PDF \n\n \u22123.5% KATT returned, since launch \n +80.5% PUR returned, since launch \n \u22127.5 pts KATT from its stated multiple \n \u221234.9 pts PUR from its stated multiple \n\n KATT 7.5 pts short of its stated multiple \u00b7 since launc","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/katt-vs-pur","a":{"ticker":"KATT","name":"T-REX 2X LONG PURR DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Since launch to Sep 30, 2026: KATT returned \u22123.5% where its own daily promise gave \u22121.3%, 2.2 points short.","url":"https://etfiq.com/funds/katt","key_facts":[{"label":"What PURR did","value":"+2.0%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22121.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22123.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$465,800","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, Jul 22, 2026"}]},"b":{"ticker":"PUR","name":"Defiance Daily Target 2X Long PURR ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: PUR returned \u221210.3% where its own daily promise gave \u22126.9%, 3.5 points short.","url":"https://etfiq.com/funds/pur","key_facts":[{"label":"What PURR did","value":"+0.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22126.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221210.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$12m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 24, 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/katt-vs-pur"}