{"url":"https://etfiq.com/compare/leverage/upsc-vs-upsx","section":"compare","title":"UPSC vs UPSX: which held to its multiple? | ETFIQ","description":"UPSC sets out to return +2 times UPST each day and UPSX +2 times. Over the month to Sep 30, 2026 they finished +2.1 pts and +1.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, UPSC or UPSX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, UPSC finished 2.1 points from what its multiple implies and UPSX finished 8.6 points from its own, so UPSC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are UPSC and UPSX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Upstart, UPSC at +2 times and UPSX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, UPSC or UPSX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window UPSC\u2019s moved at 41% annualized and UPSX\u2019s at 48%, so UPSX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold UPSC or UPSX 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, UPSC or UPSX?","acceptedAnswer":{"@type":"Answer","text":"UPSC charges 0.45% a year and UPSX charges 1.30%, so UPSC 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":"UPSC vs UPSX","item":"https://etfiq.com/compare/leverage/upsc-vs-upsx"}]},{"@type":"WebPage","name":"UPSC vs UPSX: which held to its multiple?","description":"UPSC sets out to return +2 times UPST each day and UPSX +2 times. Over the month to Sep 30, 2026 they finished +2.1 pts and +1.9 pts away.","url":"https://etfiq.com/compare/leverage/upsc-vs-upsx","dateModified":"2026-09-30","abstract":"Over the days both have traded, UPSC finished 2.1 points from its stated multiple and UPSX 1.9.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of UPSC and UPSX","description":"UPSC sets out to return +2 times UPST each day and UPSX +2 times. Over the month to Sep 30, 2026 they finished +2.1 pts and +1.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/upsc-vs-upsx","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":6167,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / UPSC vs UPSX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n UPSC vs UPSX: which held to its multiple?\n\n Over the days both have traded, UPSC finished 2.1 points from its stated multiple and UPSX 1.9.\n Copy this for sharing \n \n Corgi UPST 2x Daily ETF and Tradr 2X Long UPST Daily ETF.\n\n Download as PDF \n\n \u221254.0% UPSC returned, since launch \n \u221262.7% UPSX returned, 3 months \n +5.6 pts UPSC from its stated multiple \n +8.6 pts UPSX from its stated multiple \n\n UPSC 2.1 pts ahead of its stated multiple \u00b7 1 month to Sep 30, 2026 [UPSC re","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/upsc-vs-upsx","a":{"ticker":"UPSC","name":"Corgi UPST 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: UPSC returned \u221237.5% where its own daily promise gave \u221236.8%, 0.7 points short.","url":"https://etfiq.com/funds/upsc","key_facts":[{"label":"What UPST did","value":"\u221219.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221236.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221237.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$165,832","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, Jun 5, 2026"}]},"b":{"ticker":"UPSX","name":"Tradr 2X Long UPST Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: UPSX returned \u221262.7% where its own daily promise gave \u221261.0%, 1.7 points short.","url":"https://etfiq.com/funds/upsx","key_facts":[{"label":"What UPST did","value":"\u221235.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221261.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221262.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.7 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":"1.30%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 23, 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/upsc-vs-upsx"}