Which came closer to its stated multiple, UCC or XLYX?

Over the window to Sep 30, 2026, UCC finished 1.5 points from what its multiple implies and XLYX finished 2.1 points from its own, so UCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are UCC and XLYX levered on the same thing?

Yes. Both are levered on State Street Consumer Discretionary Select Sector SPDR ETF, UCC at +2 times and XLYX at +2 times the daily move.

Which one decays faster, UCC or XLYX?

Decay follows how much the underlying moves about. Over this window UCC’s moved at 19% annualized and XLYX’s at 19%, so UCC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold UCC or XLYX for a year?

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’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, UCC or XLYX?

UCC charges 0.95% a year and XLYX charges 0.45%, so XLYX is cheaper. Fees come from each fund's prospectus.

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UCC vs XLYX: which held to its multiple?

Over the days both have traded, UCC finished 1.5 points from its stated multiple and XLYX 2.1. ProShares Ultra Consumer Discretionary and Corgi U.S. Consumer Discretionary 2x Daily ETF.

−16.8%

UCC returned, 3 months

−17.4%

XLYX returned, 3 months

−1.5 pts

UCC from its stated multiple

−2.1 pts

XLYX from its stated multiple

UCC · 3 months to Sep 30, 20261.5 pts short of its stated multiple

UCC returned −16.8% while 2 times XLY's move would have been −15.3%

XLYX · 3 months to Sep 30, 20262.1 pts short of its stated multiple

XLYX returned −17.4% while 2 times XLY's move would have been −15.3%

ETFIQ Decay Resistance Score · UCC scores higherDid it keep up with its own daily multiple, compounded day by day?

UCC 92

XLYX 71.9

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	UCC	XLYX	UCC	XLYX	UCC	XLYX
1 month	−13.3%	−13.3%	−12.9%	−12.9%	−0.4 pts	−0.5 pts
3 months	−16.8%	−17.4%	−15.3%	−15.3%	−1.5 pts	−2.1 pts
6 months	−5.7%	not published	−0.9%	not published	−4.8 pts	not published
1 year	−23.9%	not published	−16.8%	not published	−7.1 pts	not published
3 years	+38.6%	not published	+77.2%	not published	−38.6 pts	not published
Since launch UCC Jan 2010 · XLYX Jun 2026	+1874.3%	−15.9%	not meaningful	−12.7%	not meaningful	−3.2 pts

UCC and XLYX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

UCC

ProShares Ultra Consumer Discretionary · Aims to return twice the daily move of State Street Consumer Discretionary Select Sector SPDR ETF (XLY)

XLYX

Corgi U.S. Consumer Discretionary 2x Daily ETF · Aims to return twice the daily move of State Street Consumer Discretionary Select Sector SPDR ETF (XLY)

Issuer ProShares Corgi

Sets out to return +2x +2x

Underlying asset XLY XLY

Segment sector sector

Fund returned, 3 months or since launch −16.8% −17.4%

Underlying returned, over that window −7.6% −7.6%

What the stated multiple implies, over that window −15.3% −15.3%

Difference from stated, over that window −1.5 pts −2.1 pts

Fund returned, 1 year or since launch −23.9% −15.9%

Difference from stated, over that window −7.1 pts −3.2 pts

Underlying volatility 19% 19%

Difference over the days both have traded −1.5 pts −2.1 pts

Expense ratio 0.95% 0.45%

Launched Jan 4, 2010 Jun 3, 2026

Net assets $8m $309,775

UCC and XLYX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

UCC in plain words

Three months to Sep 30, 2026: UCC returned −16.8% where its own daily promise gave −15.5%, 1.3 points short. Read the multiple against the whole window instead and 2 times XLY's −7.6% implies −15.3%, which makes UCC look 1.5 points short. 0.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. UCC aims to return +2 times XLY's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. XLY moved at 19% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

XLYX in plain words

Three months to Sep 30, 2026: XLYX returned −17.4% where its own daily promise gave −15.5%, 1.9 points short. Read the multiple against the whole window instead and 2 times XLY's −7.6% implies −15.3%, which makes XLYX look 2.1 points short. XLYX aims to return +2 times XLY's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, UCC or XLYX?: Over the window to Sep 30, 2026, UCC finished 1.5 points from what its multiple implies and XLYX finished 2.1 points from its own, so UCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are UCC and XLYX levered on the same thing?: Yes. Both are levered on State Street Consumer Discretionary Select Sector SPDR ETF, UCC at +2 times and XLYX at +2 times the daily move.
Which one decays faster, UCC or XLYX?: Decay follows how much the underlying moves about. Over this window UCC’s moved at 19% annualized and XLYX’s at 19%, so UCC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold UCC or XLYX for a year?: 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’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, UCC or XLYX?: UCC charges 0.95% a year and XLYX charges 0.45%, so XLYX is cheaper. Fees come from each fund's prospectus.

Other comparisons

UCC vs WANT UCC vs SCC XLYX vs SCC XLYX vs WANT

XLY →UCC on its own →XLYX on its own →How every figure is computed →Standards and sources →

Where these figures came from

UCC filings on SEC EDGAR ↗UCC prospectus with the expense ratio (SEC) ↗ProShares page for UCC ↗XLYX filings on SEC EDGAR ↗XLYX prospectus with the expense ratio (SEC) ↗Corgi website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, UCC against XLYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/ucc-vs-xlyx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.