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UPAL vs WX

ProShares Ultra Palladium K-1 Free ETF

UPALDNYSE Arca

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −0.75pt a year

UPAL0.95%WX0.20%

Avg volume · 30D

UPAL 3.8×the volume

UPAL1.09KWX285

UPAL vs WX Performance

Jul 31, 2026 – Oct 30, 2026

−46.8%UPAL−3.2%WX

Jul 31, 2026 to Oct 30, 2026. UPAL −46.8%. WX −3.2%. Use the arrow keys to read each point.−20%20%Jul 2026Sep 2026Oct 2026
Expense ratio
UPAL 0.95%
WX 0.20%, better
Fund size
UPAL $0
WX $1M
Holdings
UPAL 1
WX 1
Avg volume (30D)
UPAL 1.09K sh, better
WX 285 sh
NAV per share
UPAL $12.72
WX $22.96
52W range

ETF.net Grade

UPAL: Cost 51, Risk 13, Mission 21, Tradability 29, Holdings not scored, Durability 33. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for UPAL, WX, with each pillar’s weight
PillarUPALWX
Cost30% weightC51A100Higher
Mission25% weightF21Not scored
Risk15% weightF13A71Higher
Tradability15% weightD29D31Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD33HigherF23

Rank among Leveraged Long (2x & Other) funds

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

Same Category. UPAL and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

WX ranks 37th and UPAL 75th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  2. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  3. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40
  4. Rank 75DTTXUDirexion Daily Technology Top 5 Bull 2X ETFScore 35
  5. Rank 75DUPALProShares Ultra Palladium K-1 Free ETFScore 35
  6. Rank 78DNUGTDirexion Daily Gold Miners Index Bull 2X ETFScore 34

Our read on each fund

ETF.net Research

UPALDProShares Ultra Palladium K-1 Free ETF

WXCCorgi All World 2x Daily ETF

In short

UPAL The first ETF built to target 2x palladium's daily move, and it sends a 1099 instead of a K-1. Swap-based, resets every day, 0.95% net of a waiver through September 30, 2027.

WX No data

Stated mandate

UPAL UPAL seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of palladium. Its objective is designed for a single day rather than a longer holding period.

WX No data

Why people hold it

  • UPAL First ETF aiming at 2x palladium's daily move, built on swaps referencing a physically backed palladium ETF (PALL) rather than futures contracts that need rolling.proshares.comproshares.com 2
  • Form 1099, not a Schedule K-1. It is registered under the 1940 Act, unlike the partnership-structured commodity funds that mail K-1s each spring.proshares.comproshares.com 2
  • At 0.95% net of a waiver through September 30, 2027, it is priced near the typical geared fund and level with ProShares' Ultra Dow30 (DDM, 0.95%), niche metal and all.

WX No data

Worth knowing

  • UPAL The 2x target resets each day. Hold longer and results can drift from twice palladium's move, especially after choppy stretches.
  • That 0.95% is a waived price: gross expenses run 5.57%, waived down through September 30, 2027.
  • Launched in 2026, it is still small and lightly traded, so spreads can swing. Bank swap counterparties, not metal in a vault, stand behind the exposure.proshares.com

WX No data

Full UPAL profile⁠

Full WX profile⁠

UPAL vs WX 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.

UPAL vs WX Cost

Overpaying UPAL vs WX

$13,714

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

  • UPAL 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • UPAL 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UPAL $17,869WX $4,155

Year by year

YearUPALWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

  • 0.95%UPAL
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

UPAL 32nd cheapest of 95 funds

UPAL vs WX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
UPAL No data
WX None
Last payment
UPAL $0.16
WX No data
Ex-dividend
UPAL Sep 23, 2026
WX No data
Paid on
UPAL Sep 29, 2026
WX No data
Frequency
UPAL Quarterly
WX No data

Distribution history

Per share, 2026, same scale for both

UPALQuarterly · 2 paymentsAll UPAL payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 24, 2026 $0.06; Sep 23, 2026 $0.16. Use the arrow keys to read each point.$0$0.102026YTD
WXAll WX payments⁠

No distribution history available.

UPAL vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
UPAL −1.84WX 2.76

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