{"url":"https://etfiq.com/compare/leverage/scc-vs-want","section":"compare","title":"SCC vs WANT: which held to its multiple? | ETFIQ","description":"SCC sets out to return -2 times XLY each day and WANT +3 times. Over the three months to Sep 30, 2026 they finished +1.8 pts and \u22122.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, SCC or WANT?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, SCC finished 1.8 points from what its multiple implies and WANT finished 2.2 points from its own, so SCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SCC and WANT levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on State Street Consumer Discretionary Select Sector SPDR ETF, SCC at -2 times and WANT at +3 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SCC or WANT?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SCC\u2019s moved at 19% annualized and WANT\u2019s at 19%, so SCC has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SCC or WANT 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, SCC or WANT?","acceptedAnswer":{"@type":"Answer","text":"SCC charges 0.95% a year and WANT charges 1.00%, so SCC 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":"SCC vs WANT","item":"https://etfiq.com/compare/leverage/scc-vs-want"}]},{"@type":"WebPage","name":"SCC vs WANT: which held to its multiple?","description":"SCC sets out to return -2 times XLY each day and WANT +3 times. Over the three months to Sep 30, 2026 they finished +1.8 pts and \u22122.2 pts away.","url":"https://etfiq.com/compare/leverage/scc-vs-want","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, SCC finished 3.0 points over and WANT 1.7 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 SCC and WANT","description":"SCC sets out to return -2 times XLY each day and WANT +3 times. Over the three months to Sep 30, 2026 they finished +1.8 pts and \u22122.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/scc-vs-want","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":7229,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / SCC vs WANT \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n SCC vs WANT: which held to its multiple?\n\n Over three months against its own daily promise, SCC finished 3.0 points over and WANT 1.7 points short.\n Copy this for sharing \n \n ProShares UltraShort Consumer Discretionary and Direxion Daily Consumer Discretionary Bull 3X ETF.\n\n Download as PDF \n\n +17.1% SCC returned, 3 months \n \u221225.1% WANT returned, 3 months \n +1.8 pts SCC from its stated multiple \n \u22122.2 pts WANT from its stated multiple \n\n ETFIQ Decay Resistance Score: SCC ","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/scc-vs-want","a":{"ticker":"SCC","name":"ProShares UltraShort Consumer Discretionary","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SCC returned +17.1% where its own daily promise gave +14.1%, 3.0 points over.","url":"https://etfiq.com/funds/scc","key_facts":[{"label":"What XLY did","value":"\u22127.6%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+14.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+17.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+3.0 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":"WANT","name":"Direxion Daily Consumer Discretionary Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: WANT returned \u221225.1% where its own daily promise gave \u221223.4%, 1.7 points short.","url":"https://etfiq.com/funds/want","key_facts":[{"label":"What XLY did","value":"\u22127.6%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221223.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221225.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$16m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.00%","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/scc-vs-want"}