{"url":"https://etfiq.com/compare/leverage/pst-vs-tyd","section":"compare","title":"PST vs TYD: which held to its multiple? | ETFIQ","description":"PST sets out to return -2 times IEF each day and TYD +3 times. Over the three months to Sep 30, 2026 they finished +2.7 pts and \u22122.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, PST or TYD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, PST finished 2.7 points from what its multiple implies and TYD finished 2.0 points from its own, so TYD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are PST and TYD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on 10-year Treasuries, PST at -2 times and TYD at +3 times the daily move."}},{"@type":"Question","name":"Which one decays faster, PST or TYD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window PST\u2019s moved at 5% annualized and TYD\u2019s at 5%, so PST has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold PST or TYD 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, PST or TYD?","acceptedAnswer":{"@type":"Answer","text":"PST charges 0.95% a year and TYD charges 1.07%, so PST 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":"PST vs TYD","item":"https://etfiq.com/compare/leverage/pst-vs-tyd"}]},{"@type":"WebPage","name":"PST vs TYD: which held to its multiple?","description":"PST sets out to return -2 times IEF each day and TYD +3 times. Over the three months to Sep 30, 2026 they finished +2.7 pts and \u22122.0 pts away.","url":"https://etfiq.com/compare/leverage/pst-vs-tyd","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, PST finished 2.3 points over and TYD 2.3 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 PST and TYD","description":"PST sets out to return -2 times IEF each day and TYD +3 times. Over the three months to Sep 30, 2026 they finished +2.7 pts and \u22122.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/pst-vs-tyd","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":7021,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / PST vs TYD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n PST vs TYD: which held to its multiple?\n\n Over three months against its own daily promise, PST finished 2.3 points over and TYD 2.3 points short.\n Copy this for sharing \n \n ProShares UltraShort 7-10 Year Treasury and Direxion Daily 7-10 Year Treasury Bull 3X ETF.\n\n Download as PDF \n\n +11.4% PST returned, 3 months \n \u221215.0% TYD returned, 3 months \n +2.7 pts PST from its stated multiple \n \u22122.0 pts TYD from its stated multiple \n\n ETFIQ Decay Resistance Score: PST scores higher","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/pst-vs-tyd","a":{"ticker":"PST","name":"ProShares UltraShort 7-10 Year Treasury","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: PST returned +11.4% where its own daily promise gave +9.1%, 2.3 points over.","url":"https://etfiq.com/funds/pst","key_facts":[{"label":"What IEF did","value":"\u22124.3%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+9.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+11.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+2.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11m","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":"TYD","name":"Direxion Daily 7-10 Year Treasury Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TYD returned \u221215.0% where its own daily promise gave \u221212.7%, 2.3 points short.","url":"https://etfiq.com/funds/tyd","key_facts":[{"label":"What IEF did","value":"\u22124.3%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221212.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$26m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","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/pst-vs-tyd"}