{"url":"https://etfiq.com/compare/leverage/ltl-vs-xlcd","section":"compare","title":"LTL vs XLCD: which held to its multiple? | ETFIQ","description":"LTL sets out to return +2 times XLC each day and XLCD -3 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22123.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are LTL and XLCD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on State Street Communication Services Select Sector SPDR ETF, LTL at +2 times and XLCD at -3 times the daily move."}},{"@type":"Question","name":"Can I hold LTL or XLCD 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":"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":"LTL vs XLCD","item":"https://etfiq.com/compare/leverage/ltl-vs-xlcd"}]},{"@type":"WebPage","name":"LTL vs XLCD: which held to its multiple?","description":"LTL sets out to return +2 times XLC each day and XLCD -3 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22123.8 pts away.","url":"https://etfiq.com/compare/leverage/ltl-vs-xlcd","dateModified":"2026-09-30","abstract":"LTL returns +2 times XLC each day and XLCD -3 times, and they share no window yet.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of LTL and XLCD","description":"LTL sets out to return +2 times XLC each day and XLCD -3 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and \u22123.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ltl-vs-xlcd","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":5906,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / LTL vs XLCD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n LTL vs XLCD: which held to its multiple?\n\n LTL returns +2 times XLC each day and XLCD -3 times, and they share no window yet.\n Copy this for sharing \n \n ProShares Ultra Communication Services and MicroSectors -3x Short Communication Services (XLC) ETNs.\n\n Download as PDF \n\n +0.5% LTL returned, 3 months \n \u22123.3% XLCD returned, since launch \n \u22122.4 pts LTL from its stated multiple \n \u22123.8 pts XLCD from its stated multiple \n\n LTL 2.4 pts short of its stated multiple \u00b7 3 months ","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/ltl-vs-xlcd","a":{"ticker":"LTL","name":"ProShares Ultra Communication Services","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: LTL returned +0.5% where its own daily promise gave +1.8%, 1.4 points short.","url":"https://etfiq.com/funds/ltl","key_facts":[{"label":"What XLC did","value":"+1.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+1.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+0.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$5m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"XLCD","name":"MicroSectors -3x Short Communication Services (XLC) ETNs","issuer":"MicroSectors","desk":"leverage","as_of":"2026-09-30","verdict":"Since launch to Sep 30, 2026: XLCD returned \u22123.3% where its own daily promise gave \u22121.5%, 1.8 points short.","url":"https://etfiq.com/funds/xlcd","key_facts":[{"label":"What XLC did","value":"\u22120.2%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"\u22121.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"an exchange traded note holds no assets; it is the issuing bank\u2019s unsecured debt","as_of":"2026-09-30","source":null},{"label":"Expense ratio","value":"not read by ETFIQ","as_of":"2026-09-30","source":null}]},"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/ltl-vs-xlcd"}