{"url":"https://etfiq.com/compare/leverage/uge-vs-xlpx","section":"compare","title":"UGE vs XLPX: which held to its multiple? | ETFIQ","description":"UGE sets out to return +2 times XLP each day and XLPX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, UGE or XLPX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, UGE finished 1.9 points from what its multiple implies and XLPX finished 2.1 points from its own, so UGE came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are UGE and XLPX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on State Street Consumer Staples Select Sector SPDR ETF, UGE at +2 times and XLPX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, UGE or XLPX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window UGE\u2019s moved at 16% annualized and XLPX\u2019s at 16%, so UGE has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold UGE or XLPX 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, UGE or XLPX?","acceptedAnswer":{"@type":"Answer","text":"UGE charges 0.95% a year and XLPX charges 0.45%, so XLPX 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":"UGE vs XLPX","item":"https://etfiq.com/compare/leverage/uge-vs-xlpx"}]},{"@type":"WebPage","name":"UGE vs XLPX: which held to its multiple?","description":"UGE sets out to return +2 times XLP each day and XLPX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.1 pts away.","url":"https://etfiq.com/compare/leverage/uge-vs-xlpx","dateModified":"2026-09-30","abstract":"Over the days both have traded, UGE finished 1.9 points from its stated multiple and XLPX 2.1.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of UGE and XLPX","description":"UGE sets out to return +2 times XLP each day and XLPX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/uge-vs-xlpx","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":6674,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / UGE vs XLPX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n UGE vs XLPX: which held to its multiple?\n\n Over the days both have traded, UGE finished 1.9 points from its stated multiple and XLPX 2.1.\n Copy this for sharing \n \n ProShares Ultra Consumer Staples and Corgi U.S. Consumer Staples 2x Daily ETF.\n\n Download as PDF \n\n \u22127.1% UGE returned, 3 months \n \u22127.3% XLPX returned, 3 months \n \u22121.9 pts UGE from its stated multiple \n \u22122.1 pts XLPX from its stated multiple \n\n ETFIQ Decay Resistance Score: UGE scores higher\n Did it keep up wi","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/uge-vs-xlpx","a":{"ticker":"UGE","name":"ProShares Ultra Consumer Staples","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: UGE returned \u22127.1% where its own daily promise gave \u22125.7%, 1.4 points short.","url":"https://etfiq.com/funds/uge","key_facts":[{"label":"What XLP did","value":"\u22122.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22125.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22127.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$8m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"XLPX","name":"Corgi U.S. Consumer Staples 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XLPX returned \u22127.3% where its own daily promise gave \u22125.7%, 1.5 points short.","url":"https://etfiq.com/funds/xlpx","key_facts":[{"label":"What XLP did","value":"\u22122.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22125.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22127.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$359,646","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 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/uge-vs-xlpx"}