Skip to content
etf.net

COTG vs SOUX

Leverage Shares 2X Long COST Daily ETF

COTGANasdaq

Daily Target 2X Long SOUN ETF

SOUXDNasdaq

Overlap

Expense ratio

COTG −0.55pt a year

COTG0.77%SOUX1.32%

Avg volume · 30D

SOUX 1.01×the volume

COTG97.2KSOUX97.7K

COTG vs SOUX Performance

Nov 7, 2025 – Nov 9, 2026

+16.3%COTG−96.5%SOUX

Nov 7, 2025 to Nov 9, 2026. COTG +16.3%. SOUX −96.5%. Use the arrow keys to read each point.−75%−50%−25%0%Nov 2025May 2026Nov 2026
Expense ratio
COTG 0.77%, better
SOUX 1.32%
Fund size
COTG $9M
SOUX $4M
1Y total return
COTG +16.3%, better
SOUX −96.5%
Holdings
COTG 4
SOUX 10
Avg volume (30D)
COTG 97.2K sh
SOUX 97.7K sh, better
NAV per share
COTG $15.32
SOUX $3.57
52W range

ETF.net Grade

COTG: Cost 61, Risk 86, Mission 95, Tradability 77, Holdings not scored, Durability 56. SOUX: Cost 26, Risk 24, Mission 96, Tradability 37, Holdings not scored, Durability 59.
Pillar letters and Scores for COTG, SOUX, with each pillar’s weight
PillarCOTGSOUX
Cost30% weightB61HigherD26
Mission25% weightA95A96Higher
Risk15% weightA86HigherF24
Tradability15% weightA77HigherD37
Holdings10% weightNot scoredNot scored
Durability5% weightB56B59Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COTG and SOUX are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

COTG ranks 3rd and SOUX 284th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 284DRIOXDaily Target 2X Long RIOT ETFScore 30
  6. Rank 284DSOUXDaily Target 2X Long SOUN ETFScore 30
  7. Rank 288DMSTPGraniteShares 2x Long MSTR Daily ETFScore 29

Our read on each fund

ETF.net Research

COTGALeverage Shares 2X Long COST Daily ETF

SOUXDDaily Target 2X Long SOUN ETF

In short

COTG Most single-stock leverage chases chips and crypto. COTG points it at a warehouse club, aiming to deliver 200% of Costco's daily move before fees, and resetting the clock every session.

SOUX SoundHound AI at double volume, one day at a time. Defiance got to this trade first: 2x daily SOUN exposure through swaps, no margin account needed. The leverage resets each day, and it charges 1.32% a year.

Stated mandate

COTG The fund seeks daily investment results equal to 200% of the daily performance of Costco Wholesale Corporation stock, before fees and expenses.

SOUX The Fund seeks daily investment results equal to twice the daily percentage change in SoundHound AI, Inc.'s share price, before fees and expenses.

Why people hold it

  • COTG A plain mandate, plainly stated: 200% of Costco's daily move, before fees and expenses. No index to second-guess, no stock-picking layered on top.leverageshares.com
  • Costs less than the typical fund in the 2x single-stock crowd, and there's no temporary waiver holding that number down.
  • It has tracked its 2x daily target closely since its 2025 launch, putting it among the stronger implementations in a crowded peer group.
  • SOUX First out of the gate on SoundHound AI (June 2025 launch): 2x daily exposure that sits in a plain brokerage account, no margin agreement required.etfgi.com
  • Since launch it has stayed close to its stated target of 200% of SOUN's daily move, before fees.
  • One ticker, one job: double the day's move in a single stock, built with swaps inside a 1940 Act fund rather than a note.defianceetfs.com

Worth knowing

  • COTG Daily reset. Hold past one session and compounding takes over, so multi-week results can drift well away from 2x Costco. The issuer frames it as a tactical, often single-day tool.leverageshares.com
  • One stock, doubled. A single earnings print lands twice as hard on the day, with no second holding to cushion it.
  • Not one of the category's most heavily traded names, so the spread and the order type are worth a look.
  • SOUX At 1.32% it costs more than the cheapest 2x single-stock funds (TSMG 0.76%, OKTG 0.75%, neither waived) and above the category median.
  • The daily reset is the whole mechanism: over longer stretches, compounding can push returns away from 2x the stock's move, especially in choppy markets.defianceetfs.com
  • Still a small, moderately traded fund, so spreads and liquidity are part of the cost of doing business.

Full COTG profile⁠

Full SOUX profile⁠

COTG vs SOUX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COTG vs SOUX Cost

Overpaying SOUX vs COTG

$8,839

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COTG 0.77%

    $14,829

  • SOUX 1.32%

    $23,668

$10,000
30 years

Cost over time

  • COTG 0.77%
  • SOUX 1.32%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530SOUX $23,668COTG $14,829

Year by year

YearCOTGSOUXOverpaying
10$1,371$2,296$925
20$5,205$8,507$3,302
30$14,829$23,668$8,839

Expense ratio

  • 0.77%COTG, cheaper
  • 1.32%SOUX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

COTG 135th cheapest of 312 funds

SOUX 243rd cheapest of 312 funds

COTG vs SOUX Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
COTG None
SOUX No data
Last payment
COTG No data
SOUX $8.84
Ex-dividend
COTG No data
SOUX Dec 30, 2025
Paid on
COTG No data
SOUX Dec 31, 2025
Frequency
COTG No data
SOUX Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

COTGAll COTG payments⁠

No distribution history available.

SOUXIrregular · 1 paymentAll SOUX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $8.84. Use the arrow keys to read each point.$0$102026YTD

COTG vs SOUX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COTG 38.3%since Oct 2025SOUX 119.6%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
COTG 0.12since Oct 2025SOUX −1.15since Jul 2025
Worst fallMax drawdown, 5 years
COTG −36.4%since Sep 2025SOUX −98.6%since Jun 2025
Market sensitivityBeta, 5 years
COTG −0.04SOUX 6.94

COTG and SOUX in the news

All news⁠

Popular comparisons

  • COTGAvsUNHGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.77% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SOUXDvsUNHGA

    Daily Target 2X Long SOUN ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.32% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COTGAvsTSMGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SOUXDvsTSMGA

    Daily Target 2X Long SOUN ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.32% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COTGAvsOKTGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SOUXDvsOKTGA

    Daily Target 2X Long SOUN ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.32% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.