Which came closer to its stated multiple, RXL or XLVX?

Over the window to Sep 30, 2026, RXL finished 1.2 points from what its multiple implies and XLVX finished 2.1 points from its own, so RXL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are RXL and XLVX levered on the same thing?

Yes. Both are levered on health care, RXL at +2 times and XLVX at +2 times the daily move.

Which one decays faster, RXL or XLVX?

Decay follows how much the underlying moves about. Over this window RXL’s moved at 18% annualized and XLVX’s at 18%, so RXL has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold RXL or XLVX 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, RXL or XLVX?

RXL charges 0.95% a year and XLVX charges 0.45%, so XLVX is cheaper. Fees come from each fund's prospectus.

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RXL vs XLVX: which held to its multiple?

Over the days both have traded, RXL finished 1.2 points from its stated multiple and XLVX 2.1. ProShares Ultra Health Care and Corgi U.S. Healthcare 2x Daily ETF.

+10.7%

RXL returned, 3 months

+9.8%

XLVX returned, 3 months

−1.2 pts

RXL from its stated multiple

−2.1 pts

XLVX from its stated multiple

RXL · 3 months to Sep 30, 20261.2 pts short of its stated multiple

RXL returned +10.7% while 2 times XLV's move would have been +11.9%

XLVX · 3 months to Sep 30, 20262.1 pts short of its stated multiple

XLVX returned +9.8% while 2 times XLV's move would have been +11.9%

ETFIQ Decay Resistance Score · RXL scores higherDid it keep up with its own daily multiple, compounded day by day?

RXL 97.3

XLVX 82.7

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	RXL	XLVX	RXL	XLVX	RXL	XLVX
1 month	−1.9%	−2.2%	−1.7%	−1.7%	−0.2 pts	−0.5 pts
3 months	+10.7%	+9.8%	+11.9%	+11.9%	−1.2 pts	−2.1 pts
6 months	+27.1%	not published	+29.9%	not published	−2.7 pts	not published
1 year	+40.4%	not published	+46.1%	not published	−5.6 pts	not published
3 years	+48.3%	not published	+75.0%	not published	−26.7 pts	not published
Since launch RXL Jan 2010 · XLVX Jun 2026	+1914.9%	+28.2%	not meaningful	+30.2%	not meaningful	−2.0 pts

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

On the same fields

RXL

ProShares Ultra Health Care · Aims to return twice the daily move of health care (XLV)

XLVX

Corgi U.S. Healthcare 2x Daily ETF · Aims to return twice the daily move of health care (XLV)

Issuer ProShares Corgi

Sets out to return +2x +2x

Underlying asset XLV XLV

Segment sector sector

Fund returned, 3 months or since launch +10.7% +9.8%

Underlying returned, over that window +6.0% +6.0%

What the stated multiple implies, over that window +11.9% +11.9%

Difference from stated, over that window −1.2 pts −2.1 pts

Fund returned, 1 year or since launch +40.4% +28.2%

Difference from stated, over that window −5.6 pts −2.0 pts

Underlying volatility 18% 18%

Difference over the days both have traded −1.2 pts −2.1 pts

Expense ratio 0.95% 0.45%

Launched Jan 4, 2010 Jun 3, 2026

Net assets $97m $647,180

RXL and XLVX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

RXL in plain words

Three months to Sep 30, 2026: RXL returned +10.7% where its own daily promise gave +11.4%, 0.7 points short. Read the multiple against the whole window instead and 2 times XLV's 6.0% implies +11.9%, which makes RXL look 1.2 points short. 0.5 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RXL aims to return +2 times XLV'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. XLV moved at 18% 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.

XLVX in plain words

Three months to Sep 30, 2026: XLVX returned +9.8% where its own daily promise gave +11.4%, 1.6 points short. Read the multiple against the whole window instead and 2 times XLV's 6.0% implies +11.9%, which makes XLVX look 2.1 points short. XLVX aims to return +2 times XLV's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, RXL or XLVX?: Over the window to Sep 30, 2026, RXL finished 1.2 points from what its multiple implies and XLVX finished 2.1 points from its own, so RXL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are RXL and XLVX levered on the same thing?: Yes. Both are levered on health care, RXL at +2 times and XLVX at +2 times the daily move.
Which one decays faster, RXL or XLVX?: Decay follows how much the underlying moves about. Over this window RXL’s moved at 18% annualized and XLVX’s at 18%, so RXL has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold RXL or XLVX 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, RXL or XLVX?: RXL charges 0.95% a year and XLVX charges 0.45%, so XLVX is cheaper. Fees come from each fund's prospectus.

Other comparisons

RXL vs CURE RXL vs RXD XLVX vs CURE XLVX vs RXD

XLV →RXL on its own →XLVX on its own →How every figure is computed →Standards and sources →

Where these figures came from

RXL filings on SEC EDGAR ↗RXL prospectus with the expense ratio (SEC) ↗ProShares page for RXL ↗XLVX filings on SEC EDGAR ↗XLVX prospectus with the expense ratio (SEC) ↗Corgi 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, RXL against XLVX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rxl-vs-xlvx

Open data

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