WANT vs XLYX: which held to its multiple?
Over three months against its own daily promise, WANT finished 1.7 points short and XLYX 1.9 points short. Direxion Daily Consumer Discretionary Bull 3X ETF and Corgi U.S. Consumer Discretionary 2x Daily ETF.
WANT returned −25.1% while 3 times XLY's move would have been −22.9%
XLYX returned −17.4% while 2 times XLY's move would have been −15.3%
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 | WANT | XLYX | WANT | XLYX | WANT | XLYX |
| 1 month | −19.4% | −13.3% | −19.3% | −12.9% | −0.1 pts | −0.5 pts |
| 3 months | −25.1% | −17.4% | −22.9% | −15.3% | −2.2 pts | −2.1 pts |
| 6 months | −11.5% | not published | −1.4% | not published | −10.2 pts | not published |
| 1 year | −38.2% | not published | −25.3% | not published | −12.9 pts | not published |
| 3 years | +27.3% | not published | +115.8% | not published | −88.5 pts | not published |
| Since launch WANT Nov 2018 · XLYX Jun 2026 | +36.5% | −15.9% | not meaningful | −12.7% | not meaningful | −3.2 pts |
WANT 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
WANT and XLYX on the same fields, as of Sep 30, 2026. Source: ETFIQ.
WANT in plain words
Three months to Sep 30, 2026: WANT returned −25.1% where its own daily promise gave −23.4%, 1.7 points short. Read the multiple against the whole window instead and 3 times XLY's −7.6% implies −22.9%, which makes WANT look 2.2 points short. 0.5 of that is daily compounding, which happens to any 3 times fund over the same path, and the rest is the fund. WANT aims to return +3 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 +3 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. 0.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. XLYX aims to return +2 times XLY's move each day, then resets. 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.
Questions people ask
- Which came closer to its stated multiple, WANT or XLYX?
- Over the window to Sep 30, 2026, WANT finished 2.2 points from what its multiple implies and XLYX finished 2.1 points from its own, so XLYX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are WANT and XLYX levered on the same thing?
- Yes. Both are levered on State Street Consumer Discretionary Select Sector SPDR ETF, WANT at +3 times and XLYX at +2 times the daily move.
- Which one decays faster, WANT or XLYX?
- Decay follows how much the underlying moves about. Over this window WANT’s moved at 19% annualized and XLYX’s at 19%, so WANT has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold WANT 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.
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.
ETFIQ, WANT against XLYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/want-vs-xlyx
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, WANT against XLYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/want-vs-xlyx Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, WANT against XLYX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/want-vs-xlyx
- APA
- ETFIQ. (Sep 30, 2026). WANT against XLYX. Retrieved from https://etfiq.com/compare/leverage/want-vs-xlyx
- Markdown
- [WANT against XLYX (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/want-vs-xlyx)