{"url":"https://etfiq.com/compare/leverage/mrvu-vs-mrvx","section":"compare","title":"MRVU vs MRVX: which held to its multiple? | ETFIQ","description":"MRVU sets out to return +2 times MRVL each day and MRVX +2 times. Over the month to Sep 30, 2026 they finished +1.0 pts and +0.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MRVU or MRVX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MRVU finished 17.2 points from what its multiple implies and MRVX finished 0.3 points from its own, so MRVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MRVU and MRVX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Marvell Technology, MRVU at +2 times and MRVX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MRVU or MRVX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MRVU\u2019s moved at 82% annualized and MRVX\u2019s at 54%, so MRVU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MRVU or MRVX 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, MRVU or MRVX?","acceptedAnswer":{"@type":"Answer","text":"MRVU charges 0.97% a year and MRVX charges 1.29%, so MRVU 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":"MRVU vs MRVX","item":"https://etfiq.com/compare/leverage/mrvu-vs-mrvx"}]},{"@type":"WebPage","name":"MRVU vs MRVX: which held to its multiple?","description":"MRVU sets out to return +2 times MRVL each day and MRVX +2 times. Over the month to Sep 30, 2026 they finished +1.0 pts and +0.3 pts away.","url":"https://etfiq.com/compare/leverage/mrvu-vs-mrvx","dateModified":"2026-09-30","abstract":"Over the days both have traded, MRVU finished 1.0 points from its stated multiple and MRVX 0.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MRVU and MRVX","description":"MRVU sets out to return +2 times MRVL each day and MRVX +2 times. Over the month to Sep 30, 2026 they finished +1.0 pts and +0.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mrvu-vs-mrvx","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":6172,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MRVU vs MRVX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MRVU vs MRVX: which held to its multiple?\n\n Over the days both have traded, MRVU finished 1.0 points from its stated multiple and MRVX 0.3.\n Copy this for sharing \n \n Direxion Daily MRVL Bull 2X ETF and Corgi MRVL 2x Daily ETF.\n\n Download as PDF \n\n \u221222.9% MRVU returned, 3 months \n +18.1% MRVX returned, since launch \n \u221217.2 pts MRVU from its stated multiple \n \u221219.4 pts MRVX from its stated multiple \n\n MRVU 17.2 pts short of its stated multiple \u00b7 3 months to Sep 30, 2026 [","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/mrvu-vs-mrvx","a":{"ticker":"MRVU","name":"Direxion Daily MRVL Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MRVU returned \u221222.9% where its own daily promise gave \u221220.4%, 2.6 points short.","url":"https://etfiq.com/funds/mrvu","key_facts":[{"label":"What MRVL did","value":"\u22122.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221220.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221222.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$132m","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, Feb 26, 2026"}]},"b":{"ticker":"MRVX","name":"Corgi MRVL 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: MRVX returned +50.0% where its own daily promise gave +51.8%, 1.8 points short.","url":"https://etfiq.com/funds/mrvx","key_facts":[{"label":"What MRVL did","value":"+24.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+51.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+50.0%","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":"$2m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.29%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 26, 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/mrvu-vs-mrvx"}