SUIL vs TXXS: Leverage, Returns & Decay
Over the days both have traded, SUIL finished 25.6 points from its stated multiple and TXXS 26.8. Net assets on Oct 21, 2026: $7m for 2x Sui ETF and $7m for 21Shares 2x Long Sui ETF.
SUIL costs 2.70 points a year less.
Points (pts) are percentage points.
| SUIL | TXXS | |
|---|---|---|
| Expense ratio | 1.85% | 4.55% |
| Net assets | $7m | $7m |
| What it tracks | Sui | Sui |
| Holdings in common | not published | |
| What its daily multiple gave, 3 months | 58.3% | 58.3% |
| Against its daily multiple, 3 months | 11.7 points short | 13.0 points short |
| What the underlying did, 3 months | Sui 36.1% | Sui 36.1% |
SUIL returned +46.6% while 2 times Sui's move would have been +72.2%. Figures from Jul 22, 2026 to Oct 21, 2026.
SUIL returned +46.6% while 2 times Sui's move would have been +72.2%. Figures from Jul 22, 2026 to Oct 21, 2026.
TXXS returned +45.4% while 2 times Sui's move would have been +72.2%. Figures from Jul 22, 2026 to Oct 21, 2026.
Figures from Jul 22, 2026 to Oct 21, 2026.
How closely it delivered its daily multiple over 3 months, ranked against 508 leveraged ETFs at 2x, over three months. 100 is best. How it is computed
A percentile among the 508 leveraged ETFs at 2x, over three months. Three months only, against the fund's own daily multiple; a different quarter can rank it very differently. All leveraged ETFs ranked by it →
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | SUIL | TXXS | SUIL | TXXS | SUIL | TXXS |
| 1 month | −8.3% | −4.7% | +1.0% | +1.0% | −9.3 pts | −5.7 pts |
| 3 months | +46.6% | +45.4% | +72.2% | +72.2% | −25.6 pts | −26.8 pts |
| 6 months | – | −25.4% | – | +17.4% | – | −42.8 pts |
| Since launch Not the same days: SUIL May 2026 · TXXS Dec 2025 | −36.6% | −85.1% | −10.6% | −74.4% | −26.0 pts | −10.7 pts |
Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →
On the same fields
As of Oct 21, 2026. Source: ETFIQ.
About SUIL
Read the multiple against the whole window instead and 2 times Sui's 36.1% implies +72.2%, which makes SUIL look 25.6 points short. That is not the fund's objective, which is daily. Of that 25.6, daily compounding is −13.9 points, which any 2 times fund would show over the same path, and the fund itself is −11.7 points against 2 times each day's move, compounded. SUIL aims to return +2 times Sui's move each day, then resets. Over one day it does that. Over longer periods the daily results compound, so the total is not +2 times the period's move: it is lower after a fall and recovery, and can be higher in a steady run. Sui moved at 86% annualized over that window. The more it moves, the further the two figures separate.
Over the three months to Oct 21, 2026, SUIL returned 46.6%, against 58.3% for twice Sui's daily moves.
About TXXS
Read the multiple against the whole window instead and 2 times Sui's 36.1% implies +72.2%, which makes TXXS look 26.8 points short. Of that 26.8, daily compounding is −13.8 points, which any 2 times fund would show over the same path, and the fund itself is −13.0 points against 2 times each day's move, compounded. TXXS aims to return +2 times Sui's move each day, then resets.
Over the three months to Oct 21, 2026, TXXS returned 45.4%, against 58.3% for twice Sui's daily moves.
Questions people ask
- Which came closer to its daily multiple, SUIL or TXXS?
- Over the window to Oct 21, 2026, SUIL finished 25.6 points from what its multiple implies and TXXS finished 26.8 points from its own, so SUIL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are SUIL and TXXS levered on the same thing?
- Yes. Both are levered on Sui, SUIL at +2 times and TXXS at +2 times the daily move.
- Which one decays faster, SUIL or TXXS?
- Decay follows how much the underlying moves about. Over this window SUIL’s moved at 86% annualized and TXXS’s at 86%, so SUIL has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold SUIL or TXXS for a year?
- Both reset every day, so the multiple in the name applies to a single day, and daily results compound. Over a year the total is not the multiple times the year’s move; after a fall and recovery it is lower.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Every figure is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, SUIL against TXXS, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/suil-vs-txxs
ETFIQ. (Oct 21, 2026). SUIL against TXXS. Retrieved from https://etfiq.com/compare/leverage/suil-vs-txxs
[SUIL against TXXS (ETFIQ, Oct 21, 2026)](https://etfiq.com/compare/leverage/suil-vs-txxs)
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