# ECHX (Leverage Shares 2X Long ECHO Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: ECHX returned −0.3% where its own daily promise gave +0.8%, 1.1 points short.

## Key facts

- ECHX, what ECHO did: +0.7%, as of Sep 11, 2026.
- ECHX, what +2 times a day gives: +0.8%, as of Sep 11, 2026.
- ECHX, what the fund returned: −0.3%, as of Sep 11, 2026.
- ECHX, the fund itself cost: −1.1 pts, as of Sep 11, 2026.
- ECHX, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- ECHX, underlying: ECHO, as of Sep 11, 2026.

## ECHX over each window to Sep 11, 2026

| Window | Fund | ECHO | +2x the move | Difference | ECHO moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −0.3% | +0.7% | +1.4% | −1.7 pts | 27% |
| Since launch | −20.6% | −8.2% | −16.5% | −4.2 pts | 39% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ECHO, reset daily | ETFIQ |
| Multiple a holder actually got over the window | ECHO moved +0.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | ECHO | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 27% annualized | ETFIQ |

## Questions

### Did ECHX return +2 times ECHO?

Over the window to Sep 11, 2026, ECHO moved +0.7% and ECHX returned −0.3%. 2 times that move is +1.4%, so the fund came out 1.7 points short of it.

### Why does ECHX not return +2 times over a year?

Because it resets daily. ECHX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, ECHX, data as of Sep 11, 2026. https://etfiq.com/funds/ECHX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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