{"url":"https://etfiq.com/compare/leverage/orcs-vs-orcu","section":"compare","title":"ORCS vs ORCU: which held to its multiple? | ETFIQ","description":"ORCS sets out to return -1 times ORCL each day and ORCU +2 times. Over the three months to Sep 30, 2026 they finished \u22125.9 pts and \u22129.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ORCS or ORCU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ORCS finished 5.9 points from what its multiple implies and ORCU finished 9.5 points from its own, so ORCS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ORCS and ORCU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Oracle, ORCS at -1 times and ORCU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ORCS or ORCU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ORCS\u2019s moved at 54% annualized and ORCU\u2019s at 54%, so ORCS has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ORCS or ORCU 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, ORCS or ORCU?","acceptedAnswer":{"@type":"Answer","text":"ORCS charges 0.97% a year and ORCU charges 0.97%, so ORCS 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":"ORCS vs ORCU","item":"https://etfiq.com/compare/leverage/orcs-vs-orcu"}]},{"@type":"WebPage","name":"ORCS vs ORCU: which held to its multiple?","description":"ORCS sets out to return -1 times ORCL each day and ORCU +2 times. Over the three months to Sep 30, 2026 they finished \u22125.9 pts and \u22129.5 pts away.","url":"https://etfiq.com/compare/leverage/orcs-vs-orcu","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, ORCS finished 1.4 points over and ORCU 3.1 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 ORCS and ORCU","description":"ORCS sets out to return -1 times ORCL each day and ORCU +2 times. Over the three months to Sep 30, 2026 they finished \u22125.9 pts and \u22129.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/orcs-vs-orcu","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":6930,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ORCS vs ORCU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ORCS vs ORCU: which held to its multiple?\n\n Over three months against its own daily promise, ORCS finished 1.4 points over and ORCU 3.1 points short.\n Copy this for sharing \n \n Direxion Daily ORCL Bear 1X ETF and Direxion Daily ORCL Bull 2X ETF.\n\n Download as PDF \n\n \u22122.6% ORCS returned, 3 months \n \u221216.2% ORCU returned, 3 months \n \u22125.9 pts ORCS from its stated multiple \n \u22129.5 pts ORCU from its stated multiple \n\n ETFIQ Decay Resistance Score: ORCU scores higher\n Did it kee","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/orcs-vs-orcu","a":{"ticker":"ORCS","name":"Direxion Daily ORCL Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ORCS returned \u22122.6% where its own daily promise gave \u22124.0%, 1.4 points over.","url":"https://etfiq.com/funds/orcs","key_facts":[{"label":"What ORCL did","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u22124.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22122.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","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":"ORCU","name":"Direxion Daily ORCL Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ORCU returned \u221216.2% where its own daily promise gave \u221213.1%, 3.1 points short.","url":"https://etfiq.com/funds/orcu","key_facts":[{"label":"What ORCL did","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221213.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221216.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$157m","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"}]},"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/orcs-vs-orcu"}