{"url":"https://etfiq.com/compare/leverage/utsl-vs-xlux","section":"compare","title":"UTSL vs XLUX: which held to its multiple? | ETFIQ","description":"UTSL sets out to return +3 times XLU each day and XLUX +2 times. Over the three months to Sep 30, 2026 they finished +0.8 pts and \u22120.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, UTSL or XLUX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, UTSL finished 0.8 points from what its multiple implies and XLUX finished 0.6 points from its own, so XLUX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are UTSL and XLUX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on utilities, UTSL at +3 times and XLUX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, UTSL or XLUX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window UTSL\u2019s moved at 14% annualized and XLUX\u2019s at 14%, so UTSL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold UTSL or XLUX 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, UTSL or XLUX?","acceptedAnswer":{"@type":"Answer","text":"UTSL charges 0.97% a year and XLUX charges 0.45%, so XLUX 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":"UTSL vs XLUX","item":"https://etfiq.com/compare/leverage/utsl-vs-xlux"}]},{"@type":"WebPage","name":"UTSL vs XLUX: which held to its multiple?","description":"UTSL sets out to return +3 times XLU each day and XLUX +2 times. Over the three months to Sep 30, 2026 they finished +0.8 pts and \u22120.6 pts away.","url":"https://etfiq.com/compare/leverage/utsl-vs-xlux","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, UTSL finished 1.8 points short and XLUX 1.5 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of UTSL and XLUX","description":"UTSL sets out to return +3 times XLU each day and XLUX +2 times. Over the three months to Sep 30, 2026 they finished +0.8 pts and \u22120.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/utsl-vs-xlux","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":6915,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / UTSL vs XLUX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n UTSL vs XLUX: which held to its multiple?\n\n Over three months against its own daily promise, UTSL finished 1.8 points short and XLUX 1.5 points short.\n Copy this for sharing \n \n Direxion Daily Utilities Bull 3X ETF and Corgi U.S. Utilities 2x Daily ETF.\n\n Download as PDF \n\n \u221233.0% UTSL returned, 3 months \n \u221223.1% XLUX returned, 3 months \n +0.8 pts UTSL from its stated multiple \n \u22120.6 pts XLUX from its stated multiple \n\n ETFIQ Decay Resistance Score: XLUX scores higher\n D","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/utsl-vs-xlux","a":{"ticker":"UTSL","name":"Direxion Daily Utilities Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: UTSL returned \u221233.0% where its own daily promise gave \u221231.2%, 1.8 points short.","url":"https://etfiq.com/funds/utsl","key_facts":[{"label":"What XLU did","value":"\u221211.3%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221231.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221233.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$55m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"XLUX","name":"Corgi U.S. Utilities 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XLUX returned \u221223.1% where its own daily promise gave \u221221.7%, 1.5 points short.","url":"https://etfiq.com/funds/xlux","key_facts":[{"label":"What XLU did","value":"\u221211.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221221.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221223.1%","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":"$299,403","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/utsl-vs-xlux"}