# DSPC (Leverage Shares 1X Short SPCX Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

One month to Sep 30, 2026: DSPC returned −6.1% where its own daily promise gave −6.3%, 0.2 points over.

## Key facts

- DSPC, what SPCX did: +5.0%, as of Sep 30, 2026.
- DSPC, what −1 times a day gives: −6.3%, as of Sep 30, 2026.
- DSPC, what the fund returned: −6.1%, as of Sep 30, 2026.
- DSPC, the fund itself added: +0.2 pts, as of Sep 30, 2026.
- DSPC, net assets: $346,000 (issuer page, as of Sep 29, 2026).
- DSPC, expense ratio: 0.99% (issuer page).

## DSPC over each window to Sep 30, 2026

| Window | Fund | SPCX | -1x the move | Difference | SPCX moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −6.1% | +5.0% | −5.0% | −1.1 pts | 44% |
| Since launch | −8.0% | +7.1% | −7.1% | −0.9 pts | 42% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -1 times the daily move of SPCX, reset daily | ETFIQ |
| Multiple a holder actually got over the window | SPCX moved +5.0% over this window, too little to read a multiple from | ETFIQ |
| Underlying | SPCX | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $346,000 | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.99% | issuer page |
| Launched | Aug 27, 2026 | ETFIQ |
| Underlying volatility over the window | 44% annualized | ETFIQ |

## Questions

### Did DSPC return -1 times SPCX?

Over the window to Sep 30, 2026, SPCX moved +5.0% and DSPC returned −6.1%. −1 times that move is −5.0%, so the fund came out 1.1 points short of it.

### Why does DSPC not return -1 times over a year?

Because it resets daily. DSPC aims at -1 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 -1 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, DSPC, data as of Sep 30, 2026. https://etfiq.com/funds/dspc
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/dspc  ·  JSON: https://etfiq.com/funds/dspc.json