{"url":"https://etfiq.com/compare/leverage/rxd-vs-rxl","section":"compare","title":"RXD vs RXL: which held to its multiple? | ETFIQ","description":"RXD sets out to return -2 times XLV each day and RXL +2 times. Over the three months to Sep 30, 2026 they finished +0.9 pts and \u22121.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, RXD or RXL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, RXD finished 0.9 points from what its multiple implies and RXL finished 1.2 points from its own, so RXD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are RXD and RXL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on health care, RXD at -2 times and RXL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, RXD or RXL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window RXD\u2019s moved at 18% annualized and RXL\u2019s at 18%, so RXD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold RXD or RXL 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, RXD or RXL?","acceptedAnswer":{"@type":"Answer","text":"RXD charges 0.95% a year and RXL charges 0.95%, so RXD 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":"RXD vs RXL","item":"https://etfiq.com/compare/leverage/rxd-vs-rxl"}]},{"@type":"WebPage","name":"RXD vs RXL: which held to its multiple?","description":"RXD sets out to return -2 times XLV each day and RXL +2 times. Over the three months to Sep 30, 2026 they finished +0.9 pts and \u22121.2 pts away.","url":"https://etfiq.com/compare/leverage/rxd-vs-rxl","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, RXD finished 2.0 points over and RXL 0.7 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 RXD and RXL","description":"RXD sets out to return -2 times XLV each day and RXL +2 times. Over the three months to Sep 30, 2026 they finished +0.9 pts and \u22121.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/rxd-vs-rxl","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":6993,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / RXD vs RXL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n RXD vs RXL: which held to its multiple?\n\n Over three months against its own daily promise, RXD finished 2.0 points over and RXL 0.7 points short.\n Copy this for sharing \n \n ProShares UltraShort Health Care and ProShares Ultra Health Care.\n\n Download as PDF \n\n \u221211.0% RXD returned, 3 months \n +10.7% RXL returned, 3 months \n +0.9 pts RXD from its stated multiple \n \u22121.2 pts RXL from its stated multiple \n\n ETFIQ Decay Resistance Score: RXL scores higher\n Did it keep up with its","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/rxd-vs-rxl","a":{"ticker":"RXD","name":"ProShares UltraShort Health Care","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: RXD returned \u221211.0% where its own daily promise gave \u221213.0%, 2.0 points over.","url":"https://etfiq.com/funds/rxd","key_facts":[{"label":"What XLV did","value":"+6.0%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221213.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221211.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+2.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$3m","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":"RXL","name":"ProShares Ultra Health Care","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: RXL returned +10.7% where its own daily promise gave +11.4%, 0.7 points short.","url":"https://etfiq.com/funds/rxl","key_facts":[{"label":"What XLV did","value":"+6.0%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+11.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+10.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$97m","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"}]},"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/rxd-vs-rxl"}