As of Oct 27, 2026. Rebuilt every trading night.
Leveraged ETFs furthest below their multiple, 1 year
See 15 funds ranked by the fund’s return over one year minus its multiple of the underlying’s move. Updated Oct 27, 2026. A fund can fall over a year in which its underlying rose. That is the daily reset compounding through the moves in between, not an error by the fund.
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All 15, lowest first
15 of 15 · click a column to sortPoints (pts) are percentage points.
| # | Ticker | Fund | Says | Underlying asset | Underlying did | Fund returned | Multiple of that move | Difference ↑ |
|---|---|---|---|---|---|---|---|---|
| 1 | NEBX | Tradr 2X Long NBIS Daily ETF | +2x | NBIS | +35.9% | −48.1% | +71.8% | −119.9 pts |
| 2 | NBIL | GraniteShares 2x Long NBIS Daily ETF | +2x | NBIS | +35.9% | −46.5% | +71.8% | −118.3 pts |
| 3 | SOXL | Direxion Daily Semiconductor Bull 3X | +3x | SOXX | +68.6% | +115.9% | +205.8% | −89.9 pts |
| 4 | AGQ | ProShares Ultra Silver | +2x | SLV | +15.9% | −28.1% | +31.8% | −59.9 pts |
| 5 | RKLX | Defiance Daily Target 2X Long RKLB E | +2x | RKLB | −11.1% | −74.1% | −22.2% | −51.9 pts |
| 6 | TSLQ | Tradr 2X Short TSLA Daily ETF | −2x | TSLA | −9.9% | −27.5% | +19.8% | −47.3 pts |
| 7 | JNUG | Direxion Daily Junior Gold Miners In | +2x | GDXJ | +15.8% | −8.5% | +31.6% | −40.1 pts |
| 8 | PLTU | Direxion Daily PLTR Bull 2X ETF | +2x | PLTR | +5.0% | −29.1% | +10.0% | −39.1 pts |
| 9 | PTIR | GraniteShares 2x Long PLTR Daily ETF | +2x | PLTR | +5.0% | −28.3% | +10.0% | −38.3 pts |
| 10 | SBIT | ProShares UltraShort Bitcoin ETF | −2x | Bitcoin | −29.8% | +22.6% | +59.6% | −37.0 pts |
| 11 | NUGT | Direxion Daily Gold Miners Index Bul | +2x | GDX | +19.8% | +4.6% | +39.6% | −35.0 pts |
| 12 | EDC | Direxion Daily MSCI Emerging Markets | +3x | EEM | +14.4% | +10.3% | +43.2% | −32.9 pts |
| 13 | TECL | Direxion Daily Technology Bull 3X ET | +3x | XLK | +27.4% | +50.6% | +82.2% | −31.6 pts |
| 14 | NVDX | T-REX 2X LONG NVIDIA DAILY TARGET ET | +2x | NVDA | +14.1% | −3.2% | +28.2% | −31.4 pts |
| 15 | TSMX | Direxion Daily TSM Bull 2X ETF | +2x | TSM | +48.0% | +67.5% | +96.0% | −28.5 pts |
The same method the three month table uses, over four times the days, for funds above $100mn in net assets.
The rest of the method
A multiple is a target for the daily move and nothing else, so the longer it is held through a volatile underlying the further the fund and that multiple of the move can end up. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, Leveraged ETFs furthest below their multiple, 1 year, ranked by the fund’s return over one year minus its multiple of the underlying’s move, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-decay-over-a-year
ETFIQ. (Oct 27, 2026). Leveraged ETFs furthest below their multiple, 1 year, ranked by the fund’s return over one year minus its multiple of the underlying’s move. Retrieved from https://etfiq.com/rankings/leverage-decay-over-a-year
[Leveraged ETFs furthest below their multiple, 1 year, ranked by the fund’s return over one year minus its multiple of the underlying’s move (ETFIQ, Oct 27, 2026)](https://etfiq.com/rankings/leverage-decay-over-a-year)
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