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SPAL vs SPCF

GraniteShares 2x Long SpaceX Daily ETF

SPALDCboe

ProShares Ultra SpaceX

SPCFBNYSE Arca

Overlap

Expense ratio

SPCF −0.58pt a year

SPAL1.53%SPCF0.95%

Avg volume · 30D

SPCF 1.7×the volume

SPAL1.34MSPCF2.33M

SPAL vs SPCF Performance

Jul 31, 2026 – Nov 2, 2026

+36.0%SPAL+32.9%SPCF

Jul 31, 2026 to Nov 2, 2026. SPAL +36.0%. SPCF +32.9%. Use the arrow keys to read each point.0%75%100%125%Jul 2026Sep 2026Nov 2026
Expense ratio
SPAL 1.53%
SPCF 0.95%, better
Fund size
SPAL $30M
SPCF $74M
Holdings
SPAL 2
SPCF 1
Avg volume (30D)
SPAL 1.34M sh
SPCF 2.33M sh, better
NAV per share
SPAL $13.05
SPCF $12.63
52W range

ETF.net Grade

SPAL: Cost 11, Risk 43, Mission not scored, Tradability 48, Holdings not scored, Durability 47. SPCF: Cost 79, Risk 33, Mission not scored, Tradability 74, Holdings not scored, Durability 66.
Pillar letters and Scores for SPAL, SPCF, with each pillar’s weight
PillarSPALSPCF
Cost30% weightF11A79Higher
Mission25% weightNot scoredNot scored
Risk15% weightC43HigherD33
Tradability15% weightC48A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC47B66Higher

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. SPAL 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 SPAL 8th of 9 funds in the 2x Long SpaceX Category.

  1. Rank 1ASSPCLeverage Shares 2X Short SPCX Daily ETFScore 83
  2. Rank 2ASPCHLeverage Shares 2X Long SPCX Daily ETFScore 77
  3. Rank 3BSPCFProShares Ultra SpaceXScore 66
  4. Rank 4BLOFFDirexion Daily SpaceX Bull 2X ETFScore 56
  5. Rank 7DSPCMTradr 2X Long SpaceX Daily ETFScore 33
  6. Rank 8DSPALGraniteShares 2x Long SpaceX Daily ETFScore 29
  7. Rank 8DSPAXT-Rex 2X Long SpaceX Daily Target ETFScore 29

Our read on each fund

ETF.net Research

SPALDGraniteShares 2x Long SpaceX Daily ETF

SPCFBProShares Ultra SpaceX

In short

SPAL 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

SPAL 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

SPAL 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

SPAL 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 SPAL profile⁠

Full SPCF profile⁠

SPAL 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.

SPAL vs SPCF Cost

Overpaying SPAL vs SPCF

$8,837

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

  • SPAL 1.53%

    $26,706

  • SPCF 0.95%

    $17,869

$10,000
30 years

Cost over time

  • SPAL 1.53%
  • SPCF 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530SPAL $26,706SPCF $17,869

Year by year

YearSPALSPCFOverpaying
10$2,639$1,678$961
20$9,685$6,322$3,363
30$26,706$17,869$8,837

Expense ratio

  • 1.53%SPAL
  • 0.95%SPCF, cheaper
  • Middle half of 2x Long SpaceX funds
  • Median 0.97%

SPCF 3rd cheapest of 9 funds

SPAL 8th cheapest of 9 funds

SPAL vs SPCF Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
SPAL None
SPCF No data
Last payment
SPAL No data
SPCF $0.08
Ex-dividend
SPAL No data
SPCF Sep 23, 2026
Paid on
SPAL No data
SPCF Sep 29, 2026
Frequency
SPAL No data
SPCF Irregular

Distribution history

Per share, 2026, same scale for both

SPALAll SPAL payments⁠

No distribution history available.

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

SPAL vs SPCF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

SPAL and SPCF in the news

All news⁠

Popular comparisons

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    GraniteShares 2x Long SpaceX Daily ETF · Leverage Shares 2X Short SPCX Daily ETF

    Expense ratio
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    Category
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  • SPALDvsLOFFB

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  • SPCFBvsLOFFB

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    Expense ratio
    0.95% · 0.97%
    Category
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