{"url":"https://etfiq.com/compare/leverage/spcm-vs-sspc","section":"compare","title":"SPCM vs SSPC: which held to its multiple? | ETFIQ","description":"SPCM sets out to return +2 times SPCX each day and SSPC -2 times. Over the three months to Sep 30, 2026 they finished \u221212.1 pts and \u221233.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, SPCM or SSPC?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, SPCM finished 12.1 points from what its multiple implies and SSPC finished 33.9 points from its own, so SPCM came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SPCM and SSPC levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Space Exploration Technologies, SPCM at +2 times and SSPC at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SPCM or SSPC?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SPCM\u2019s moved at 70% annualized and SSPC\u2019s at 70%, so SPCM has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SPCM or SSPC 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":"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":"SPCM vs SSPC","item":"https://etfiq.com/compare/leverage/spcm-vs-sspc"}]},{"@type":"WebPage","name":"SPCM vs SSPC: which held to its multiple?","description":"SPCM sets out to return +2 times SPCX each day and SSPC -2 times. Over the three months to Sep 30, 2026 they finished \u221212.1 pts and \u221233.9 pts away.","url":"https://etfiq.com/compare/leverage/spcm-vs-sspc","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, SPCM finished 1.9 points short and SSPC 0.2 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 SPCM and SSPC","description":"SPCM sets out to return +2 times SPCX each day and SSPC -2 times. Over the three months to Sep 30, 2026 they finished \u221212.1 pts and \u221233.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/spcm-vs-sspc","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":6877,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / SPCM vs SSPC \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n SPCM vs SSPC: which held to its multiple?\n\n Over three months against its own daily promise, SPCM finished 1.9 points short and SSPC 0.2 points short.\n Copy this for sharing \n \n Tradr 2X Long SpaceX Daily ETF and Leverage Shares 2X Short SPCX Daily ETF.\n\n Download as PDF \n\n \u221220.5% SPCM returned, 3 months \n \u221225.4% SSPC returned, 3 months \n \u221212.1 pts SPCM from its stated multiple \n \u221233.9 pts SSPC from its stated multiple \n\n ETFIQ Decay Resistance Score: SPCM scores higher\n","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/spcm-vs-sspc","a":{"ticker":"SPCM","name":"Tradr 2X Long SpaceX Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SPCM returned \u221220.5% where its own daily promise gave \u221218.6%, 1.9 points short.","url":"https://etfiq.com/funds/spcm","key_facts":[{"label":"What SPCX did","value":"\u22124.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221218.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221220.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$20m","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, Jun 10, 2026"}]},"b":{"ticker":"SSPC","name":"Leverage Shares 2X Short SPCX Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SSPC returned \u221225.4% where its own daily promise gave \u221225.1%, 0.2 points short.","url":"https://etfiq.com/funds/sspc","key_facts":[{"label":"What SPCX did","value":"\u22124.2%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221225.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221225.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.2 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":"not read by ETFIQ","as_of":"2026-09-30","source":null}]},"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/spcm-vs-sspc"}