LITG vs LITX: which held to its multiple?
Over the days both have traded, LITG finished 5.3 points from its stated multiple and LITX 5.2. Leverage Shares 2X Long LITE Daily ETF and Tradr 2X Long LITE Daily ETF.
LITG returned +7.0% while 2 times LITE's move would have been +12.4%
LITX returned +13.6% while 2 times LITE's move would have been +42.5%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | LITG | LITX | LITG | LITX | LITG | LITX |
| 1 month | +7.0% | +7.2% | +12.4% | +12.4% | −5.3 pts | −5.2 pts |
| 3 months | not published | +13.6% | not published | +42.5% | not published | −28.9 pts |
| 6 months | not published | −1.4% | not published | +54.0% | not published | −55.4 pts |
| Since launch LITG Aug 2026 · LITX Jan 2026 | +23.9% | +233.4% | +36.7% | not meaningful | −12.9 pts | not meaningful |
LITG and LITX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
LITG and LITX on the same fields, as of Sep 30, 2026. Source: ETFIQ.
LITG in plain words
One month to Sep 30, 2026: LITG returned +7.0% where its own daily promise gave +7.8%, 0.7 points short. Read the multiple against the whole window instead and 2 times LITE's 6.2% implies +12.4%, which makes LITG look 5.3 points short. 4.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LITG aims to return +2 times LITE'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. LITE moved at 74% 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.
LITX in plain words
Three months to Sep 30, 2026: LITX returned +13.6% where its own daily promise gave +17.3%, 3.7 points short. Read the multiple against the whole window instead and 2 times LITE's 21.2% implies +42.5%, which makes LITX look 28.9 points short. 25.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LITX aims to return +2 times LITE's move each day, then resets. LITE moved at 96% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, LITG or LITX?
- Over the window to Sep 30, 2026, LITG finished 5.3 points from what its multiple implies and LITX finished 28.9 points from its own, so LITG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are LITG and LITX levered on the same thing?
- Yes. Both are levered on Lumentum, LITG at +2 times and LITX at +2 times the daily move.
- Which one decays faster, LITG or LITX?
- Decay follows how much the underlying moves about. Over this window LITG’s moved at 74% annualized and LITX’s at 96%, so LITX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold LITG or LITX 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, LITG against LITX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/litg-vs-litx
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, LITG against LITX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/litg-vs-litx Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, LITG against LITX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/litg-vs-litx
- APA
- ETFIQ. (Sep 30, 2026). LITG against LITX. Retrieved from https://etfiq.com/compare/leverage/litg-vs-litx
- Markdown
- [LITG against LITX (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/litg-vs-litx)