{"url":"https://etfiq.com/compare/leverage/lofd-vs-loff","section":"compare","title":"LOFD vs LOFF: which held to its multiple? | ETFIQ","description":"LOFD sets out to return -2 times SPCX each day and LOFF +2 times. Over the month to Sep 30, 2026 they finished \u22122.7 pts and \u22122.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, LOFD or LOFF?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, LOFD finished 2.7 points from what its multiple implies and LOFF finished 13.9 points from its own, so LOFD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are LOFD and LOFF levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Space Exploration Technologies, LOFD at -2 times and LOFF at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, LOFD or LOFF?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window LOFD\u2019s moved at 44% annualized and LOFF\u2019s at 70%, so LOFF has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold LOFD or LOFF 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, LOFD or LOFF?","acceptedAnswer":{"@type":"Answer","text":"LOFD charges 0.97% a year and LOFF charges 0.97%, so LOFD 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":"LOFD vs LOFF","item":"https://etfiq.com/compare/leverage/lofd-vs-loff"}]},{"@type":"WebPage","name":"LOFD vs LOFF: which held to its multiple?","description":"LOFD sets out to return -2 times SPCX each day and LOFF +2 times. Over the month to Sep 30, 2026 they finished \u22122.7 pts and \u22122.3 pts away.","url":"https://etfiq.com/compare/leverage/lofd-vs-loff","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, LOFD finished 1.0 points over and LOFF 0.9 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 LOFD and LOFF","description":"LOFD sets out to return -2 times SPCX each day and LOFF +2 times. Over the month to Sep 30, 2026 they finished \u22122.7 pts and \u22122.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/lofd-vs-loff","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":6379,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / LOFD vs LOFF \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n LOFD vs LOFF: which held to its multiple?\n\n Over a month against its own daily promise, LOFD finished 1.0 points over and LOFF 0.9 points short.\n Copy this for sharing \n \n Direxion Daily SpaceX Bear 2X ETF and Direxion Daily SpaceX Bull 2X ETF.\n\n Download as PDF \n\n \u221251.5% LOFD returned, since launch \n \u221222.3% LOFF returned, 3 months \n +11.0 pts LOFD from its stated multiple \n \u221213.9 pts LOFF from its stated multiple \n\n LOFD 2.7 pts short of its stated multiple \u00b7 1 month to","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/lofd-vs-loff","a":{"ticker":"LOFD","name":"Direxion Daily SpaceX Bear 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: LOFD returned \u221212.7% where its own daily promise gave \u221213.6%, 1.0 points over.","url":"https://etfiq.com/funds/lofd","key_facts":[{"label":"What SPCX did","value":"+5.0%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221213.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221212.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 8, 2026"}]},"b":{"ticker":"LOFF","name":"Direxion Daily SpaceX Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: LOFF returned \u221222.3% where its own daily promise gave \u221218.6%, 3.7 points short.","url":"https://etfiq.com/funds/loff","key_facts":[{"label":"What SPCX did","value":"\u22124.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221218.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221222.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$77m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 8, 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/lofd-vs-loff"}