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

Over the window to Sep 30, 2026, LITX finished 28.9 points from what its multiple implies and LITZ finished 24.0 points from its own, so LITZ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are LITX and LITZ levered on the same thing?

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

Which one decays faster, LITX or LITZ?

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

Can I hold LITX or LITZ 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, LITX or LITZ?

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

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LITX vs LITZ: which held to its multiple?

Over three months against its own daily promise, LITX finished 3.7 points short and LITZ 0.5 points over. Tradr 2X Long LITE Daily ETF and Tradr 2X Short LITE Daily ETF.

+13.6%

LITX returned, 3 months

−66.4%

LITZ returned, 3 months

−28.9 pts

LITX from its stated multiple

−24.0 pts

LITZ from its stated multiple

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%

LITZ · 3 months to Sep 30, 202624 pts short of its stated multiple

LITZ returned −66.4% 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?

LITX among the 470 leveraged ETFs, long, over three months

LITX 27.6

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

LITZ among the 125 inverse ETFs over three months

LITZ 25.2

0.4, the lowest in this set99.6, the highest

A percentile among the 470 leveraged ETFs, long, over three months. LITZ is a percentile among the 125 inverse ETFs over three months, a different set, so the two marks are not on one scale. 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	LITX	LITZ	LITX	LITZ	LITX	LITZ
1 month	+7.2%	−22.7%	+12.4%	−12.4%	−5.2 pts	−10.3 pts
3 months	+13.6%	−66.4%	+42.5%	−42.5%	−28.9 pts	−24.0 pts
6 months	−1.4%	not published	+54.0%	not published	−55.4 pts	not published
Since launch LITX Jan 2026 · LITZ Apr 2026	+233.4%	−77.3%	not meaningful	−29.4%	not meaningful	−48.0 pts

LITX and LITZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

LITX

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

LITZ

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

Issuer Tradr Tradr

Sets out to return +2x -2x

Underlying asset LITE LITE

Segment company company

Fund returned, 3 months or since launch +13.6% −66.4%

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 −28.9 pts −24.0 pts

Fund returned, 1 year or since launch +233.4% −77.3%

Difference from stated, over that window not available −48.0 pts

Underlying volatility 96% 96%

Difference over the days both have traded −5.2 pts no shared window

Expense ratio 1.49% 1.49%

Launched Jan 27, 2026 Apr 23, 2026

Net assets $215m $24m

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

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. 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.

LITZ in plain words

Three months to Sep 30, 2026: LITZ returned −66.4% where its own daily promise gave −66.9%, 0.5 points over. Read the multiple against the whole window instead and −2 times LITE's 21.2% implies −42.5%, which makes LITZ look 24.0 points short. 24.4 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. LITZ aims to return -2 times LITE's move each day, then resets. 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.

Questions people ask

Which came closer to its stated multiple, LITX or LITZ?: Over the window to Sep 30, 2026, LITX finished 28.9 points from what its multiple implies and LITZ finished 24.0 points from its own, so LITZ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are LITX and LITZ levered on the same thing?: Yes. Both are levered on Lumentum, LITX at +2 times and LITZ at -2 times the daily move.
Which one decays faster, LITX or LITZ?: Decay follows how much the underlying moves about. Over this window LITX’s moved at 96% annualized and LITZ’s at 96%, so LITX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold LITX or LITZ 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, LITX or LITZ?: LITX charges 1.49% a year and LITZ charges 1.49%, so LITX is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

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

Where these figures came from

LITX and LITZ filings on SEC EDGAR ↗LITX prospectus with the expense ratio (SEC) ↗Tradr website ↗LITZ prospectus with the expense ratio (SEC) ↗

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

Open data

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