{"url":"https://etfiq.com/compare/leverage/labd-vs-xbix","section":"compare","title":"LABD vs XBIX: which held to its multiple? | ETFIQ","description":"LABD sets out to return -3 times XBI each day and XBIX +2 times. Over the three months to Sep 30, 2026 they finished \u22128.5 pts and \u22124.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, LABD or XBIX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, LABD finished 8.5 points from what its multiple implies and XBIX finished 4.6 points from its own, so XBIX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are LABD and XBIX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on biotech, LABD at -3 times and XBIX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, LABD or XBIX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window LABD\u2019s moved at 29% annualized and XBIX\u2019s at 29%, so LABD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold LABD or XBIX 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, LABD or XBIX?","acceptedAnswer":{"@type":"Answer","text":"LABD charges 1.07% a year and XBIX charges 0.45%, so XBIX 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":"LABD vs XBIX","item":"https://etfiq.com/compare/leverage/labd-vs-xbix"}]},{"@type":"WebPage","name":"LABD vs XBIX: which held to its multiple?","description":"LABD sets out to return -3 times XBI each day and XBIX +2 times. Over the three months to Sep 30, 2026 they finished \u22128.5 pts and \u22124.6 pts away.","url":"https://etfiq.com/compare/leverage/labd-vs-xbix","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, LABD finished 3.0 points over and XBIX 2.5 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of LABD and XBIX","description":"LABD sets out to return -3 times XBI each day and XBIX +2 times. Over the three months to Sep 30, 2026 they finished \u22128.5 pts and \u22124.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/labd-vs-xbix","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":7084,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / LABD vs XBIX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n LABD vs XBIX: which held to its multiple?\n\n Over three months against its own daily promise, LABD finished 3.0 points over and XBIX 2.5 points short.\n Copy this for sharing \n \n Direxion Daily S&P Biotech Bear 3X ETF and Corgi U.S. Biotech 2x Daily ETF.\n\n Download as PDF \n\n \u221210.6% LABD returned, 3 months \n \u22123.1% XBIX returned, 3 months \n \u22128.5 pts LABD from its stated multiple \n \u22124.6 pts XBIX from its stated multiple \n\n ETFIQ Decay Resistance Score: LABD scores higher\n Did","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/labd-vs-xbix","a":{"ticker":"LABD","name":"Direxion Daily S&P Biotech Bear 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: LABD returned \u221210.6% where its own daily promise gave \u221213.6%, 3.0 points over.","url":"https://etfiq.com/funds/labd","key_facts":[{"label":"What XBI did","value":"+0.7%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"\u221213.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221210.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+3.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$151m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"XBIX","name":"Corgi U.S. Biotech 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XBIX returned \u22123.1% where its own daily promise gave \u22120.6%, 2.5 points short.","url":"https://etfiq.com/funds/xbix","key_facts":[{"label":"What XBI did","value":"+0.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22120.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22123.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$535,942","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 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/labd-vs-xbix"}