Which came closer to its stated multiple, METG or METQ?

Over the window to Sep 30, 2026, METG finished 1.3 points from what its multiple implies and METQ finished 10.8 points from its own, so METG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are METG and METQ levered on the same thing?

Yes. Both are levered on Meta Platforms, METG at +2 times and METQ at -2 times the daily move.

Which one decays faster, METG or METQ?

Decay follows how much the underlying moves about. Over this window METG’s moved at 55% annualized and METQ’s at 55%, so METG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold METG or METQ 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, METG or METQ?

METG charges 0.75% a year and METQ charges 1.49%, so METG is cheaper. Fees come from each fund's prospectus.

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METG vs METQ: which held to its multiple?

Over a month against its own daily promise, METG finished 1.9 points short and METQ 0.2 points over. Leverage Shares 2X Long META Daily ETF and Tradr 2X Short META Daily ETF.

+28.1%

METG returned, since launch

−48.5%

METQ returned, since launch

−7.7 pts

METG from its stated multiple

+18.5 pts

METQ from its stated multiple

METG · 1 month to Sep 30, 20261.3 pts ahead of its stated multiple

METG returned +54.9% while 2 times META's move would have been +53.6%

METQ · 1 month to Sep 30, 202610.8 pts ahead of its stated multiple

METQ returned −42.8% while −2 times META's move would have been −53.6%

Performance, window by window

	Total return		Multiple would give		Difference
Window	METG	METQ	METG	METQ	METG	METQ
1 month	+54.9%	−42.8%	+53.6%	−53.6%	+1.3 pts	+10.8 pts
Since launch METG Jul 2026 · METQ Aug 2026	+28.1%	−48.5%	+35.8%	−67.0%	−7.7 pts	+18.5 pts

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

On the same fields

METG

Leverage Shares 2X Long META Daily ETF · Aims to return twice the daily move of Meta Platforms (META)

METQ

Tradr 2X Short META Daily ETF · Aims to return twice the opposite of the daily move of Meta Platforms (META)

Issuer Leverage Shares Tradr

Sets out to return +2x -2x

Underlying asset META META

Segment company company

Fund returned, 3 months or since launch +54.9% −42.8%

Underlying returned, over that window +26.8% +26.8%

What the stated multiple implies, over that window +53.6% −53.6%

Difference from stated, over that window +1.3 pts +10.8 pts

Fund returned, 1 year or since launch +28.1% −48.5%

Difference from stated, over that window −7.7 pts +18.5 pts

Underlying volatility 55% 55%

Difference over the days both have traded +1.3 pts no shared window

Expense ratio 0.75% 1.49%

Launched Jul 7, 2026 Aug 18, 2026

Net assets $3m $8m

METG and METQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

METG in plain words

One month to Sep 30, 2026: METG returned +54.9% where its own daily promise gave +56.8%, 1.9 points short. Read the multiple against the whole window instead and 2 times META's 26.8% implies +53.6%, which makes METG look 1.3 points over. 3.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. METG aims to return +2 times META'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. META moved at 55% 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.

METQ in plain words

One month to Sep 30, 2026: METQ returned −42.8% where its own daily promise gave −43.0%, 0.2 points over. Read the multiple against the whole window instead and −2 times META's 26.8% implies −53.6%, which makes METQ look 10.8 points over. 10.5 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. METQ aims to return -2 times META'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, METG or METQ?: Over the window to Sep 30, 2026, METG finished 1.3 points from what its multiple implies and METQ finished 10.8 points from its own, so METG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are METG and METQ levered on the same thing?: Yes. Both are levered on Meta Platforms, METG at +2 times and METQ at -2 times the daily move.
Which one decays faster, METG or METQ?: Decay follows how much the underlying moves about. Over this window METG’s moved at 55% annualized and METQ’s at 55%, so METG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold METG or METQ 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, METG or METQ?: METG charges 0.75% a year and METQ charges 1.49%, so METG is cheaper. Fees come from each fund's prospectus.

Other comparisons

METG vs FBL METG vs FBX METG vs METD METG vs METU METQ vs FBL METQ vs FBX METQ vs METD METQ vs METU

METG on its own →METQ on its own →How every figure is computed →Standards and sources →

Where these figures came from

METG filings on SEC EDGAR ↗METG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗METQ filings on SEC EDGAR ↗METQ 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, METG against METQ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/metg-vs-metq

Open data

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