Ranked by the fund’s return over one year minus what its stated multiple would have produced, one year, as of . Rebuilt every trading night.
Leveraged ETFs furthest from their label over a year
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.
| # | Ticker | Fund | Says | On | Fund returned | Label implied | Difference |
|---|---|---|---|---|---|---|---|
| 1 | ASTX | Tradr 2X Long ASTS Daily ETF | +2x | ASTS | −40.3% | +112.0% | −152.3 pts |
| 2 | MSTZ | T-REX 2X INVERSE MSTR DAILY TARGET E | -2x | MSTR | −18.8% | +119.7% | −138.5 pts |
| 3 | RKLX | Defiance Daily Target 2X Long RKLB E | +2x | RKLB | −46.0% | +60.0% | −105.9 pts |
| 4 | LABX | Tradr 2X Long ALAB Daily ETF | +2x | ALAB | −47.1% | +50.1% | −97.2 pts |
| 5 | QBTX | Tradr 2X Long QBTS Daily ETF | +2x | QBTS | −73.3% | +3.4% | −76.7 pts |
| 6 | SMCX | Defiance Daily Target 2X Long SMCI E | +2x | SMCI | −78.7% | −17.5% | −61.2 pts |
| 7 | JNUG | Direxion Daily Junior Gold Miners In | +2x | GDXJ | +37.4% | +84.8% | −47.4 pts |
| 8 | ROBN | T-REX 2X LONG HOOD DAILY TARGET ETF | +2x | HOOD | −54.0% | −8.8% | −45.2 pts |
| 9 | TSLQ | Tradr 2X Short TSLA Daily ETF | -2x | TSLA | −43.4% | +1.8% | −45.2 pts |
| 10 | NUGT | Direxion Daily Gold Miners Index Bul | +2x | GDX | +41.4% | +80.3% | −38.9 pts |
| 11 | QCML | GraniteShares 2x Long QCOM Daily ETF | +2x | QCOM | −8.1% | +30.1% | −38.2 pts |
| 12 | IONX | Defiance Daily Target 2X Long IONQ E | +2x | IONQ | −81.3% | −43.8% | −37.5 pts |
| 13 | PLTU | Direxion Daily PLTR Bull 2X ETF | +2x | PLTR | −33.9% | +3.5% | −37.4 pts |
| 14 | PTIR | GraniteShares 2x Long PLTR Daily ETF | +2x | PLTR | −32.9% | +3.5% | −36.4 pts |
| 15 | CRWG | Leverage Shares 2X Long CRWV Daily E | +2x | CRWV | −78.0% | −42.1% | −35.9 pts |
Method
The same arithmetic the three month table uses, over four times the days, for funds above $100mn in net assets. A multiple is promised on the daily move and nothing else, so the longer it is held through a volatile underlying the further the two can end up. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.
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Where these figures came from
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Cite this page. ETFIQ, Leveraged ETFs furthest from their label over a year, ranked by the fund’s return over one year minus what its stated multiple would have produced, data as of Sep 11, 2026. https://etfiq.com/rankings/leverage-decay-over-a-year Free to use with attribution; the underlying files are at Open data.