{"url":"https://etfiq.com/compare/leverage/sndg-vs-sndq","section":"compare","title":"SNDG vs SNDQ: which held to its multiple? | ETFIQ","description":"SNDG sets out to return +2 times SNDK each day and SNDQ -2 times. Over the three months to Sep 30, 2026 they finished \u221221.1 pts and \u221283.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, SNDG or SNDQ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, SNDG finished 21.1 points from what its multiple implies and SNDQ finished 83.4 points from its own, so SNDG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SNDG and SNDQ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Sandisk, SNDG at +2 times and SNDQ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SNDG or SNDQ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SNDG\u2019s moved at 117% annualized and SNDQ\u2019s at 117%, so SNDG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SNDG or SNDQ 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, SNDG or SNDQ?","acceptedAnswer":{"@type":"Answer","text":"SNDG charges 0.75% a year and SNDQ charges 1.49%, so SNDG 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":"SNDG vs SNDQ","item":"https://etfiq.com/compare/leverage/sndg-vs-sndq"}]},{"@type":"WebPage","name":"SNDG vs SNDQ: which held to its multiple?","description":"SNDG sets out to return +2 times SNDK each day and SNDQ -2 times. Over the three months to Sep 30, 2026 they finished \u221221.1 pts and \u221283.4 pts away.","url":"https://etfiq.com/compare/leverage/sndg-vs-sndq","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, SNDG finished 2.2 points short and SNDQ 0.3 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SNDG and SNDQ","description":"SNDG sets out to return +2 times SNDK each day and SNDQ -2 times. Over the three months to Sep 30, 2026 they finished \u221221.1 pts and \u221283.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/sndg-vs-sndq","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":7016,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / SNDG vs SNDQ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n SNDG vs SNDQ: which held to its multiple?\n\n Over three months against its own daily promise, SNDG finished 2.2 points short and SNDQ 0.3 points over.\n Copy this for sharing \n \n Leverage Shares 2X Long SNDK Daily ETF and Tradr 2X Short SNDK Daily ETF.\n\n Download as PDF \n\n \u221249.9% SNDG returned, 3 months \n \u221254.7% SNDQ returned, 3 months \n \u221221.1 pts SNDG from its stated multiple \n \u221283.4 pts SNDQ from its stated multiple \n\n ETFIQ Decay Resistance Score: SNDG scores higher\n Di","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/sndg-vs-sndq","a":{"ticker":"SNDG","name":"Leverage Shares 2X Long SNDK Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SNDG returned \u221249.9% where its own daily promise gave \u221247.7%, 2.2 points short.","url":"https://etfiq.com/funds/sndg","key_facts":[{"label":"What SNDK did","value":"\u221214.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221247.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221249.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$105m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, May 6, 2026"}]},"b":{"ticker":"SNDQ","name":"Tradr 2X Short SNDK Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SNDQ returned \u221254.7% where its own daily promise gave \u221255.0%, 0.3 points over.","url":"https://etfiq.com/funds/sndq","key_facts":[{"label":"What SNDK did","value":"\u221214.4%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221255.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221254.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$146m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 22, 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/sndg-vs-sndq"}