AXUP

T-REX 2X Long AXON Daily Target ETF

$12.33
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The T-REX 2X Long AXON Daily Target ETF (AXUP) seeks to provide 2x the daily return of the AXON Index, which tracks the performance of a portfolio of technology and innovation companies.

Overview

ETF tracking T-REX 2X Long AXON Daily Target ETF

Category Leveraged
Issuer Other
Inception Date 2025-09-16
Market Cap N/A
Average Volume N/A
Dividend Yield N/A
52-Week Range $12.33 - $26.25
VWAP $12.25

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T-REX 2X Long AXON Daily Target ETF (AXUP) seeks to provide 2x the daily return of the AXON Index, which tracks the performance of a portfolio of technology and innovation companies.

🎯 Investment Strategy

The ETF uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying index by a factor of 2. It resets its leverage exposure on a daily basis in an effort to maintain the 2x target exposure.

✨ Key Features

  • Provides 2x daily leveraged exposure to the AXON Index
  • Resets leverage daily to maintain 2x target exposure
  • Designed for short-term trading and not suitable for long-term buy-and-hold investors
  • Very high risk due to daily resetting of leverage

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for volatility and large daily swings in the fund's net asset value
  • Tracking error and deviation from the 2x daily target due to compounding effects
  • Not suitable for investors with long time horizons or low risk tolerance

👤 Best For

This ETF is designed for experienced, sophisticated investors with a very high risk tolerance who are looking for short-term, speculative exposure to the technology sector. It is not suitable for conservative or long-term investors.