{"url":"https://etfiq.com/compare/leverage/kpdd-vs-pddl","section":"compare","title":"KPDD vs PDDL: which held to its multiple? | ETFIQ","description":"KPDD sets out to return +2 times PDD each day and PDDL +2 times. Over the three months to Sep 30, 2026 they finished \u22124.1 pts and \u22125.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, KPDD or PDDL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, KPDD finished 4.1 points from what its multiple implies and PDDL finished 5.9 points from its own, so KPDD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are KPDD and PDDL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on PDD, KPDD at +2 times and PDDL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, KPDD or PDDL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window KPDD\u2019s moved at 27% annualized and PDDL\u2019s at 27%, so KPDD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold KPDD or PDDL 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, KPDD or PDDL?","acceptedAnswer":{"@type":"Answer","text":"KPDD charges 1.26% a year and PDDL charges 1.50%, so KPDD 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":"KPDD vs PDDL","item":"https://etfiq.com/compare/leverage/kpdd-vs-pddl"}]},{"@type":"WebPage","name":"KPDD vs PDDL: which held to its multiple?","description":"KPDD sets out to return +2 times PDD each day and PDDL +2 times. Over the three months to Sep 30, 2026 they finished \u22124.1 pts and \u22125.9 pts away.","url":"https://etfiq.com/compare/leverage/kpdd-vs-pddl","dateModified":"2026-09-30","abstract":"Over the days both have traded, KPDD finished 4.1 points from its stated multiple and PDDL 5.9.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KPDD and PDDL","description":"KPDD sets out to return +2 times PDD each day and PDDL +2 times. Over the three months to Sep 30, 2026 they finished \u22124.1 pts and \u22125.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/kpdd-vs-pddl","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":6387,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / KPDD vs PDDL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n KPDD vs PDDL: which held to its multiple?\n\n Over the days both have traded, KPDD finished 4.1 points from its stated multiple and PDDL 5.9.\n Copy this for sharing \n \n KraneShares 2x Long PDD Daily ETF and GraniteShares 2x Long PDD Daily ETF.\n\n Download as PDF \n\n \u221215.2% KPDD returned, 3 months \n \u221217.0% PDDL returned, 3 months \n \u22124.1 pts KPDD from its stated multiple \n \u22125.9 pts PDDL from its stated multiple \n\n ETFIQ Decay Resistance Score: KPDD scores higher\n Did it keep u","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/kpdd-vs-pddl","a":{"ticker":"KPDD","name":"KraneShares 2x Long PDD Daily ETF","issuer":"KraneShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: KPDD returned \u221215.2% where its own daily promise gave \u221212.4%, 2.8 points short.","url":"https://etfiq.com/funds/kpdd","key_facts":[{"label":"What PDD did","value":"\u22125.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221212.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.26%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 29, 2026"}]},"b":{"ticker":"PDDL","name":"GraniteShares 2x Long PDD Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: PDDL returned \u221217.0% where its own daily promise gave \u221212.4%, 4.6 points short.","url":"https://etfiq.com/funds/pddl","key_facts":[{"label":"What PDD did","value":"\u22125.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221212.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221217.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$6m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"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/kpdd-vs-pddl"}