{"url":"https://etfiq.com/compare/leverage/uyg-vs-xlfx","section":"compare","title":"UYG vs XLFX: which held to its multiple? | ETFIQ","description":"UYG sets out to return +2 times XLF each day and XLFX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, UYG or XLFX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, UYG finished 1.9 points from what its multiple implies and XLFX finished 2.9 points from its own, so UYG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are UYG and XLFX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on financials, UYG at +2 times and XLFX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, UYG or XLFX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window UYG\u2019s moved at 13% annualized and XLFX\u2019s at 13%, so UYG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold UYG or XLFX 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, UYG or XLFX?","acceptedAnswer":{"@type":"Answer","text":"UYG charges 0.94% a year and XLFX charges 0.45%, so XLFX 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":"UYG vs XLFX","item":"https://etfiq.com/compare/leverage/uyg-vs-xlfx"}]},{"@type":"WebPage","name":"UYG vs XLFX: which held to its multiple?","description":"UYG sets out to return +2 times XLF each day and XLFX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.9 pts away.","url":"https://etfiq.com/compare/leverage/uyg-vs-xlfx","dateModified":"2026-09-30","abstract":"Over the days both have traded, UYG finished 1.9 points from its stated multiple and XLFX 2.9.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of UYG and XLFX","description":"UYG sets out to return +2 times XLF each day and XLFX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.9 pts and \u22122.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/uyg-vs-xlfx","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":6553,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / UYG vs XLFX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n UYG vs XLFX: which held to its multiple?\n\n Over the days both have traded, UYG finished 1.9 points from its stated multiple and XLFX 2.9.\n Copy this for sharing \n \n ProShares Ultra Financials and Corgi U.S. Financials 2x Daily ETF.\n\n Download as PDF \n\n \u22126.2% UYG returned, 3 months \n \u22127.2% XLFX returned, 3 months \n \u22121.9 pts UYG from its stated multiple \n \u22122.9 pts XLFX from its stated multiple \n\n ETFIQ Decay Resistance Score: UYG scores higher\n Did it keep up with its own 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/uyg-vs-xlfx","a":{"ticker":"UYG","name":"ProShares Ultra Financials","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: UYG returned \u22126.2% where its own daily promise gave \u22124.7%, 1.5 points short.","url":"https://etfiq.com/funds/uyg","key_facts":[{"label":"What XLF did","value":"\u22122.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.2%","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":"$704m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.94%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 23, 2025"}]},"b":{"ticker":"XLFX","name":"Corgi U.S. Financials 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XLFX returned \u22127.2% where its own daily promise gave \u22124.7%, 2.5 points short.","url":"https://etfiq.com/funds/xlfx","key_facts":[{"label":"What XLF did","value":"\u22122.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22127.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$522,730","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/uyg-vs-xlfx"}