KEYG vs KEYX: which held to its multiple?
Over the days both have traded, KEYG finished 8.5 points from its stated multiple and KEYX 8.2. Leverage Shares 2X Long KEYS Daily ETF and Corgi KEYS 2x Daily ETF.
KEYG returned +8.5% while 2 times KEYS's move would have been +16.9%
KEYX returned +8.8% while 2 times KEYS's move would have been +16.9%
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 | KEYG | KEYX | KEYG | KEYX | KEYG | KEYX |
| 1 month | +24.8% | +24.6% | +25.6% | +25.6% | −0.8 pts | −1.1 pts |
| 3 months | +8.5% | +8.8% | +16.9% | +16.9% | −8.5 pts | −8.2 pts |
| Since launch KEYG Jun 2026 · KEYX Jun 2026 | −2.9% | −1.3% | +7.9% | +7.3% | −10.8 pts | −8.6 pts |
KEYG and KEYX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
KEYG and KEYX on the same fields, as of Sep 30, 2026. Source: ETFIQ.
KEYG in plain words
Three months to Sep 30, 2026: KEYG returned +8.5% where its own daily promise gave +12.8%, 4.3 points short. Read the multiple against the whole window instead and 2 times KEYS's 8.5% implies +16.9%, which makes KEYG look 8.5 points short. 4.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. KEYG aims to return +2 times KEYS'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. KEYS moved at 41% 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.
KEYX in plain words
Three months to Sep 30, 2026: KEYX returned +8.8% where its own daily promise gave +12.8%, 4.0 points short. Read the multiple against the whole window instead and 2 times KEYS's 8.5% implies +16.9%, which makes KEYX look 8.2 points short. KEYX aims to return +2 times KEYS's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, KEYG or KEYX?
- Over the window to Sep 30, 2026, KEYG finished 8.5 points from what its multiple implies and KEYX finished 8.2 points from its own, so KEYX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are KEYG and KEYX levered on the same thing?
- Yes. Both are levered on Keysight Technologies, KEYG at +2 times and KEYX at +2 times the daily move.
- Which one decays faster, KEYG or KEYX?
- Decay follows how much the underlying moves about. Over this window KEYG’s moved at 41% annualized and KEYX’s at 41%, so KEYG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold KEYG or KEYX 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.
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.
ETFIQ, KEYG against KEYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/keyg-vs-keyx
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, KEYG against KEYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/keyg-vs-keyx Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, KEYG against KEYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/keyg-vs-keyx
- APA
- ETFIQ. (Sep 30, 2026). KEYG against KEYX. Retrieved from https://etfiq.com/compare/leverage/keyg-vs-keyx
- Markdown
- [KEYG against KEYX (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/keyg-vs-keyx)