{"url":"https://etfiq.com/compare/leverage/stxl-vs-stxx","section":"compare","title":"STXL vs STXX: which held to its multiple? | ETFIQ","description":"STXL sets out to return +2 times STX each day and STXX +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221215.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, STXL or STXX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, STXL finished 17.1 points from what its multiple implies and STXX finished 15.2 points from its own, so STXX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are STXL and STXX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Seagate Technology, STXL at +2 times and STXX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, STXL or STXX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window STXL\u2019s moved at 75% annualized and STXX\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 STXX 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 STXX?","acceptedAnswer":{"@type":"Answer","text":"STXL charges 1.31% a year and STXX charges 1.49%, so STXL 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 STXX","item":"https://etfiq.com/compare/leverage/stxl-vs-stxx"}]},{"@type":"WebPage","name":"STXL vs STXX: which held to its multiple?","description":"STXL sets out to return +2 times STX each day and STXX +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221215.2 pts away.","url":"https://etfiq.com/compare/leverage/stxl-vs-stxx","dateModified":"2026-09-30","abstract":"Over the days both have traded, STXL finished 17.1 points from its stated multiple and STXX 15.2.","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 STXX","description":"STXL sets out to return +2 times STX each day and STXX +2 times. Over the three months to Sep 30, 2026 they finished \u221217.1 pts and \u221215.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/stxl-vs-stxx","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":6358,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / STXL vs STXX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n STXL vs STXX: which held to its multiple?\n\n Over the days both have traded, STXL finished 17.1 points from its stated multiple and STXX 15.2.\n Copy this for sharing \n \n Defiance Daily Target 2X Long STX ETF and Tradr 2X Long STX Daily ETF.\n\n Download as PDF \n\n \u221215.4% STXL returned, 3 months \n \u221213.5% STXX returned, 3 months \n \u221217.1 pts STXL from its stated multiple \n \u221215.2 pts STXX from its stated multiple \n\n ETFIQ Decay Resistance Score: STXX scores higher\n Did it keep u","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-stxx","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":"STXX","name":"Tradr 2X Long STX Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: STXX returned \u221213.5% where its own daily promise gave \u221211.9%, 1.6 points short.","url":"https://etfiq.com/funds/stxx","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":"\u221213.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","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/stxl-vs-stxx"}