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LOFD vs SPCF

Direxion Daily SpaceX Bear 2X ETF

LOFDCNYSE Arca

ProShares Ultra SpaceX

SPCFBNYSE Arca

Overlap

Expense ratio

SPCF −0.02pt a year

LOFD0.97%SPCF0.95%

Avg volume · 30D

SPCF 14.9×the volume

LOFD156KSPCF2.33M

LOFD vs SPCF Performance

Sep 30, 2026 – Oct 30, 2026

+12.9%LOFD−24.5%SPCF

Sep 30, 2026 to Oct 30, 2026. LOFD +12.9%. SPCF −24.5%. Use the arrow keys to read each point.−10%0%20%30%Sep 30Oct 15Oct 30
Expense ratio
LOFD 0.97%
SPCF 0.95%, better
Fund size
LOFD $2M
SPCF $74M
Holdings
LOFD 2
SPCF 1
Avg volume (30D)
LOFD 156K sh
SPCF 2.33M sh, better
NAV per share
LOFD $6.35
SPCF $12.63
52W range

ETF.net Grade

LOFD: Cost 67, Risk 47, Mission not scored, Tradability 8, Holdings not scored, Durability 27. SPCF: Cost 79, Risk 33, Mission not scored, Tradability 72, Holdings not scored, Durability 65.
Pillar letters and Scores for LOFD, SPCF, with each pillar’s weight
PillarLOFDSPCF
Cost30% weightB67A79Higher
Mission25% weightNot scoredNot scored
Risk15% weightC47HigherD33
Tradability15% weightF8A72Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD27B65Higher

Rank among 2x Long SpaceX funds

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

Same Category. LOFD and SPCF are both graded against the same 9 2x Long SpaceX funds, so their Grades compare head to head.

2x Long SpaceX⁠

Category · 9 funds
See all 9 ›

SPCF ranks 3rd and LOFD 5th of 9 funds in the 2x Long SpaceX Category.

  1. Rank 1ASSPCLeverage Shares 2X Short SPCX Daily ETFScore 84
  2. Rank 2ASPCHLeverage Shares 2X Long SPCX Daily ETFScore 77
  3. Rank 3BSPCFProShares Ultra SpaceXScore 65
  4. Rank 4BLOFFDirexion Daily SpaceX Bull 2X ETFScore 56
  5. Rank 5CLOFDDirexion Daily SpaceX Bear 2X ETFScore 40
  6. Rank 6CSNKGraniteShares 2x Short SpaceX Daily ETFScore 39

Our read on each fund

ETF.net Research

LOFDCDirexion Daily SpaceX Bear 2X ETF

SPCFBProShares Ultra SpaceX

In short

LOFD No data

SPCF ProShares launched SPCF on the day SpaceX went public: a 2x daily bet on a single newly listed stock, built from swaps plus actual SPCX shares, for 0.95% net of a waiver through September 30, 2027.

Stated mandate

LOFD No data

SPCF The fund seeks daily investment results, before fees and expenses, equal to twice the daily performance of SpaceX common stock.

Why people hold it

LOFD No data

  • SPCF 0.95% net of a waiver through September 30, 2027 (1.04% gross): below the typical 2x SpaceX fee, and under Direxion's LOFF at 0.97% net of a waiver through September 1, 2027.
  • Magnifies a bullish SpaceX view without a margin account. ProShares builds the 2x exposure from swap agreements and shares of SPCX itself.proshares.comproshares.com 2
  • From the house with the largest leveraged and inverse ETF lineup, and it ranks among the stronger builds in the 2x SpaceX group.proshares.com

Worth knowing

LOFD No data

  • SPCF Exposure resets daily, so over longer stretches compounding can push results far from 2x SpaceX's move. ProShares states the fund seeks its result for a single day only.proshares.comproshares.com 2
  • Leverage Shares' SPCH targets the same 2x long SpaceX exposure at 0.75%, with no waiver propping up the number.
  • Live only since June 2026, so there is a short record for judging how tightly it hits its daily target.

Full LOFD profile⁠

Full SPCF profile⁠

LOFD vs SPCF 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.

LOFD vs SPCF Cost

Overpaying LOFD vs SPCF

$329

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

  • LOFD 0.97%

    $18,198

  • SPCF 0.95%

    $17,869

$10,000
30 years

Cost over time

  • LOFD 0.97%
  • SPCF 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530LOFD $18,198SPCF $17,869

Year by year

YearLOFDSPCFOverpaying
10$1,712$1,678$34
20$6,443$6,322$121
30$18,198$17,869$329

Expense ratio

  • 0.97%LOFD
  • 0.95%SPCF, cheaper
  • Middle half of 2x Long SpaceX funds
  • Median 0.97%

SPCF 3rd cheapest of 9 funds

LOFD 4th cheapest of 9 funds

LOFD vs SPCF Dividends

Last 12 months to Oct 30, 2026
Last payment
LOFD $0.02
SPCF $0.08
Ex-dividend
LOFD Sep 22, 2026
SPCF Sep 23, 2026
Paid on
LOFD Sep 29, 2026
SPCF Sep 29, 2026
Frequency
LOFD Irregular
SPCF Irregular

Distribution history

Per share, 2026, same scale for both

LOFDIrregular · 1 paymentAll LOFD payments⁠
One bar per payment. 1 payment in 2026 YTD. Sep 22, 2026 $0.02. Use the arrow keys to read each point.$0$0.052026YTD
SPCFIrregular · 1 paymentAll SPCF payments⁠
One bar per payment. 1 payment in 2026 YTD. Sep 23, 2026 $0.08. Use the arrow keys to read each point.$0$0.052026YTD

LOFD vs SPCF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
LOFD 0.00SPCF 0.00Same figure. Both funds show the same value, so neither comes out ahead.

Popular comparisons

  • LOFDCvsSSPCA

    Direxion Daily SpaceX Bear 2X ETF · Leverage Shares 2X Short SPCX Daily ETF

    Expense ratio
    0.97% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPCFBvsSSPCA

    ProShares Ultra SpaceX · Leverage Shares 2X Short SPCX Daily ETF

    Expense ratio
    0.95% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • LOFDCvsSPCHA

    Direxion Daily SpaceX Bear 2X ETF · Leverage Shares 2X Long SPCX Daily ETF

    Expense ratio
    0.97% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPCFBvsSPCHA

    ProShares Ultra SpaceX · Leverage Shares 2X Long SPCX Daily ETF

    Expense ratio
    0.95% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • LOFDCvsLOFFB

    Direxion Daily SpaceX Bear 2X ETF · Direxion Daily SpaceX Bull 2X ETF

    Expense ratio
    0.97% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPCFBvsLOFFB

    ProShares Ultra SpaceX · Direxion Daily SpaceX Bull 2X ETF

    Expense ratio
    0.95% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.