{"url":"https://etfiq.com/compare/leverage/stxl-vs-stxu","section":"compare","title":"STXL vs STXU: which held to its multiple? | ETFIQ","description":"STXL sets out to return +2 times STX each day and STXU +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221217.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, STXL or STXU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, STXL finished 17.1 points from what its multiple implies and STXU finished 17.5 points from its own, so STXL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are STXL and STXU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Seagate Technology, STXL at +2 times and STXU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, STXL or STXU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window STXL\u2019s moved at 75% annualized and STXU\u2019s at 75%, so STXL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold STXL or STXU 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, STXL or STXU?","acceptedAnswer":{"@type":"Answer","text":"STXL charges 1.31% a year and STXU charges 0.75%, so STXU 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":"STXL vs STXU","item":"https://etfiq.com/compare/leverage/stxl-vs-stxu"}]},{"@type":"WebPage","name":"STXL vs STXU: which held to its multiple?","description":"STXL sets out to return +2 times STX each day and STXU +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221217.5 pts away.","url":"https://etfiq.com/compare/leverage/stxl-vs-stxu","dateModified":"2026-09-30","abstract":"Over the days both have traded, STXL finished 17.1 points from its stated multiple and STXU 17.5.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of STXL and STXU","description":"STXL sets out to return +2 times STX each day and STXU +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221217.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/stxl-vs-stxu","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":6394,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / STXL vs STXU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n STXL vs STXU: which held to its multiple?\n\n Over the days both have traded, STXL finished 17.1 points from its stated multiple and STXU 17.5.\n Copy this for sharing \n \n Defiance Daily Target 2X Long STX ETF and Leverage Shares 2X Long STX Daily ETF.\n\n Download as PDF \n\n \u221215.4% STXL returned, 3 months \n \u221215.8% STXU returned, 3 months \n \u221217.1 pts STXL from its stated multiple \n \u221217.5 pts STXU from its stated multiple \n\n ETFIQ Decay Resistance Score: STXL scores higher\n Did","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/stxl-vs-stxu","a":{"ticker":"STXL","name":"Defiance Daily Target 2X Long STX ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: STXL returned \u221215.4% where its own daily promise gave \u221211.9%, 3.5 points short.","url":"https://etfiq.com/funds/stxl","key_facts":[{"label":"What STX did","value":"+0.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221211.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.5 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":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 22, 2026"}]},"b":{"ticker":"STXU","name":"Leverage Shares 2X Long STX Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: STXU returned \u221215.8% where its own daily promise gave \u221211.9%, 3.9 points short.","url":"https://etfiq.com/funds/stxu","key_facts":[{"label":"What STX did","value":"+0.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221211.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$6m","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"}]},"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/stxl-vs-stxu"}