Which came closer to its stated multiple, LITU or LITX?

Over the window to Sep 30, 2026, LITU finished 29.5 points from what its multiple implies and LITX finished 28.9 points from its own, so LITX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are LITU and LITX levered on the same thing?

Yes. Both are levered on Lumentum, LITU at +2 times and LITX at +2 times the daily move.

Which one decays faster, LITU or LITX?

Decay follows how much the underlying moves about. Over this window LITU’s moved at 96% annualized and LITX’s at 96%, so LITU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold LITU 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.

Which is cheaper, LITU or LITX?

LITU charges 1.50% a year and LITX charges 1.49%, so LITX is cheaper. Fees come from each fund's prospectus.

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LITU vs LITX: which held to its multiple?

Over the days both have traded, LITU finished 5.1 points from its stated multiple and LITX 5.2. T-REX 2X LONG LITE DAILY TARGET ETF and Tradr 2X Long LITE Daily ETF.

+12.9%

LITU returned, 3 months

+13.6%

LITX returned, 3 months

−29.5 pts

LITU from its stated multiple

−28.9 pts

LITX from its stated multiple

LITU · 3 months to Sep 30, 202629.5 pts short of its stated multiple

LITU returned +12.9% while 2 times LITE's move would have been +42.5%

LITX · 3 months to Sep 30, 202628.9 pts short of its stated multiple

LITX returned +13.6% while 2 times LITE's move would have been +42.5%

ETFIQ Decay Resistance Score · LITX scores higherDid it keep up with its own daily multiple, compounded day by day?

LITU 18.8

LITX 27.6

0.1, the lowest in this set99.9, the highest

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	LITU	LITX	LITU	LITX	LITU	LITX
1 month	+7.3%	+7.2%	+12.4%	+12.4%	−5.1 pts	−5.2 pts
3 months	+12.9%	+13.6%	+42.5%	+42.5%	−29.5 pts	−28.9 pts
6 months	not published	−1.4%	not published	+54.0%	not published	−55.4 pts
Since launch LITU May 2026 · LITX Jan 2026	−30.3%	+233.4%	+1.4%	not meaningful	−31.7 pts	not meaningful

LITU 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

LITU

T-REX 2X LONG LITE DAILY TARGET ETF · Aims to return twice the daily move of Lumentum (LITE)

LITX

Tradr 2X Long LITE Daily ETF · Aims to return twice the daily move of Lumentum (LITE)

Issuer T-REX Tradr

Sets out to return +2x +2x

Underlying asset LITE LITE

Segment company company

Fund returned, 3 months or since launch +12.9% +13.6%

Underlying returned, over that window +21.2% +21.2%

What the stated multiple implies, over that window +42.5% +42.5%

Difference from stated, over that window −29.5 pts −28.9 pts

Fund returned, 1 year or since launch −30.3% +233.4%

Difference from stated, over that window −31.7 pts not available

Underlying volatility 96% 96%

Difference over the days both have traded −5.1 pts −5.2 pts

Expense ratio 1.50% 1.49%

Launched May 21, 2026 Jan 27, 2026

Net assets $5m $215m

LITU and LITX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

LITU in plain words

Three months to Sep 30, 2026: LITU returned +12.9% where its own daily promise gave +17.3%, 4.4 points short. Read the multiple against the whole window instead and 2 times LITE's 21.2% implies +42.5%, which makes LITU look 29.5 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. LITU 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 96% 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. LITX aims to return +2 times LITE's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, LITU or LITX?: Over the window to Sep 30, 2026, LITU finished 29.5 points from what its multiple implies and LITX finished 28.9 points from its own, so LITX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are LITU and LITX levered on the same thing?: Yes. Both are levered on Lumentum, LITU at +2 times and LITX at +2 times the daily move.
Which one decays faster, LITU or LITX?: Decay follows how much the underlying moves about. Over this window LITU’s moved at 96% annualized and LITX’s at 96%, so LITU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold LITU 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.
Which is cheaper, LITU or LITX?: LITU charges 1.50% a year and LITX charges 1.49%, so LITX is cheaper. Fees come from each fund's prospectus.

Other comparisons

LITU vs LITC LITU vs LITG LITU vs LITZ LITX vs LITC LITX vs LITG LITX vs LITZ

LITU on its own →LITX on its own →How every figure is computed →Standards and sources →

Where these figures came from

LITU filings on SEC EDGAR ↗LITU prospectus with the expense ratio (SEC) ↗T-REX page for LITU ↗LITX filings on SEC EDGAR ↗LITX prospectus with the expense ratio (SEC) ↗Tradr website ↗

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.

Cite this page

ETFIQ, LITU against LITX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/litu-vs-litx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.