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SPCH vs SSPC

Leverage Shares 2X Long SPCX Daily ETF

SPCHACboe

Leverage Shares 2X Short SPCX Daily ETF

SSPCACboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

SPCH0.75%SSPC0.75%

Avg volume · 30D

SPCH 1.6×the volume

SPCH26.6MSSPC16.7M

SPCH vs SSPC Performance

Jul 31, 2026 – Oct 30, 2026

+29.7%SPCH−57.4%SSPC

Jul 31, 2026 to Oct 30, 2026. SPCH +29.7%. SSPC −57.4%. Use the arrow keys to read each point.0%100%Jul 2026Sep 2026Oct 2026
Expense ratio
SPCH 0.75%
SSPC 0.75%
Fund size
SPCH $390M
SSPC $118M
Holdings
SPCH 7
SSPC 2
Avg volume (30D)
SPCH 26.6M sh, better
SSPC 16.7M sh
NAV per share
SPCH $7.60
SSPC $9.89
52W range

ETF.net Grade

SPCH: Cost 92, Risk 33, Mission not scored, Tradability 97, Holdings not scored, Durability 59. SSPC: Cost 92, Risk 75, Mission not scored, Tradability 87, Holdings not scored, Durability 56.
Pillar letters and Scores for SPCH, SSPC, with each pillar’s weight
PillarSPCHSSPC
Cost30% weightA92A92
Mission25% weightNot scoredNot scored
Risk15% weightD33A75Higher
Tradability15% weightA97HigherA87
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherB56

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. SPCH and SSPC 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 ›

SSPC ranks 1st and SPCH 2nd 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

Our read on each fund

ETF.net Research

SPCHALeverage Shares 2X Long SPCX Daily ETF

SSPCALeverage Shares 2X Short SPCX Daily ETF

In short

SPCH The SpaceX leverage shelf got crowded fast. SPCH was on it from day one, aiming for twice the stock's daily move through swaps, at 0.75% a year, less than most rivals charge.

SSPC No data

Stated mandate

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

SSPC No data

Why people hold it

  • SPCH Costs 0.75% a year, under Direxion's LOFF (0.99%) and ProShares' SPCF (1.04%) for the same 2x daily SpaceX trade.
  • Built to start trading with SpaceX's IPO, with its first day of 2x exposure struck off the IPO price. One of the original ways to play the stock at 2x.sec.gov
  • Among the busier tickers in the SpaceX leverage group, which matters when the product is designed around single-day holds.leverageshares.com
  • Its mirror image, SSPC, runs the same machinery at -2x for the same 0.75% fee, so you can flip direction without changing issuers.leverageshares.com

SSPC No data

Worth knowing

  • SPCH Leverage resets daily. Hold past one day and the result compounds, so it can drift from 2x the stock's move over that stretch.leverageshares.com
  • 2x cuts both ways: a hard down day in SpaceX stock lands twice as hard here, and this is a young, volatile stock.sec.gov
  • Exposure runs through swaps and options rather than shares, which adds counterparty risk. No distributions so far.leverageshares.com

SSPC No data

Full SPCH profile⁠

Full SSPC profile⁠

SPCH vs SSPC 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.

SPCH vs SSPC Cost

Same expense ratio

$14,482

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

  • SPCH 0.75%

    $14,482

  • SSPC 0.75%

    $14,482

$10,000
30 years

Cost over time

  • SPCH 0.75%
  • SSPC 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SPCH $14,482SSPC $14,482

Year by year

YearSPCHSSPC
10$1,336$1,336
20$5,078$5,078
30$14,482$14,482

Expense ratio

  • 0.75%SPCH
  • 0.75%SSPC
  • Middle half of 2x Long SpaceX funds
  • Median 0.97%

SPCH cheapest of 9 funds

SSPC cheapest of 9 funds

SPCH vs SSPC Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
SPCH None
SSPC None

Distribution history

SPCHAll SPCH payments⁠

No distribution history available.

SSPCAll SSPC payments⁠

No distribution history available.

SPCH vs SSPC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

SPCH and SSPC in the news

All news⁠

Popular comparisons

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