# STLU (2x Stellar ETF)

Volatility Shares · Leveraged ETFs · data as of Oct 21, 2026

Promise check: Missed. Over three months to Oct 21, 2026, STLU finished 7.6 points behind twice Stellar's daily moves, compounded. https://etfiq.com/promise-index/leverage/

Over the three months to Oct 21, 2026, STLU lost 17.6%, against −9.9% for twice Stellar's daily moves.

## Key facts

- STLU, what Stellar did: −0.8%, as of Oct 21, 2026.
- STLU, what 2 times a day gives: −9.9%, as of Oct 21, 2026.
- STLU, what the fund returned: −17.6%, as of Oct 21, 2026.
- STLU, gap to 2 times a day: −7.6 pts, as of Oct 21, 2026.
- STLU, last payment (paid monthly), ex-date Oct 21, 2026: $0.0335, as of Oct 21, 2026.
- STLU, net assets: $3m (issuer page, as of Oct 21, 2026).
- STLU, expense ratio: 1.85% (485BPOS XBRL, Mar 31, 2026).

## STLU over each window to Oct 21, 2026

| Window | Total return | Stellar | +2x the move | Difference | Stellar moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −29.2% | −12.6% | −25.2% | −4.0 pts | 53% |
| 3 months | −17.6% | −0.8% | −1.6% | −16.0 pts | 60% |
| 6 months | −28.9% | +3.8% | +7.6% | −36.5 pts | 81% |
| Since launch | −23.1% | +8.7% | +17.4% | −40.5 pts | 78% |

## STLU key stats

- High since Apr 1, 2026, daily closes to Oct 21, 2026: $39.38 on Jun 1, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Apr 1, 2026, daily closes to Oct 21, 2026: $12.74 on Aug 18, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $15.89, 12% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of Stellar, reset daily | ETFIQ |
| Multiple a holder actually got over the window | Stellar moved −0.8% over this window, too little to read a multiple from | ETFIQ |
| Underlying | Stellar | ETFIQ |
| Segment | asset class, crypto | ETFIQ |
| Net assets | $3m | issuer page, as of Oct 21, 2026 |
| Expense ratio | 1.85% | 485BPOS XBRL, Mar 31, 2026 |
| First traded | Apr 1, 2026 | ETFIQ |
| Underlying volatility over the window | 60% annualized | ETFIQ |

## Money in and out, to May 31, 2026

Monthly figures only. May 2026: $0, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/stlu.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did STLU return +2 times Stellar?

Over the three months to Oct 21, 2026, Stellar moved −0.8% and STLU returned −17.6%. 2 times that move is −1.6%, so the fund came out 16.0 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 7.6 points short.

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

Because it resets daily. STLU aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap.


## Cite this page

ETFIQ, STLU, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/stlu
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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