AAPX ETF — T-Rex 2X Long Apple Daily Target ETF

T-Rex 2X Long Apple Daily Target ETF (AAPX)

Updated October 6, 2026.

AAPX is an ETF linked to Apple (AAPL). its distribution rate is 0.51%, its trailing-12-month yield is 0.51%, its expense ratio is 1.05%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 99.0% over the past 2.7 years, 15.4 points ahead of AAPL at 83.6%.

At the current 0.51% distribution rate, a $10,000 investment would generate approximately $51 per year if the next payment matches the last regular one.

T-Rex 2X Long Apple Daily Target is a leveraged ETF that seeks to deliver 200% of the daily price performance of Apple stock through financial instruments, making it a non-diversified fund designed for short-term trading rather than buy-and-hold investing. The fund carries a modest current distribution rate with annual distributions and has an expense ratio of 1.05%. This fund appeals to experienced traders seeking amplified exposure to Apple's price movements on a daily basis, though the leverage structure and daily reset mechanism make it unsuitable for longer-term investors.

AAPX performance versus AAPL

Price and return data through 2026-10-07.

Total return is 99.0% over the past 2.7 years, 15.4 points ahead of AAPL at 83.6%. Over the past year its total return — price change plus distributions reinvested — is 44.6%. Its deepest 1-year drawdown was 30.1%.

AAPX key facts

Distribution Safety Score™

50 · Unproven

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

01/10/2024

Expense ratio

1.05%

Distribution rate

0.51%

Distribution frequency

Annual

Trailing yield

0.51%

Last close

$39.94 (stale; as of 2026-10-06)

AUM

$8,815,119

Average volume

12630.0

Last dividend

$0.203

Last ex-dividend date

12/24/2025

Last payment date

12/26/2025 (as of 2025-12-26)

Beta

1.8711

P/E ratio

39.6279

How Dividend Vision calculates yield and returns

Distribution rate (0.51%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.51%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: REX Shares; Index: Apple (AAPL); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AAPX risks and drawbacks

AAPX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 30.1%.

Who may consider AAPX — and who may not

It is a weaker fit for investors who need monthly cash flow (AAPX pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from REX Shares.