AXTU — T-REX 2X Long AXTI Daily Target ETF
T-REX 2X Long AXTI Daily Target ETF (AXTU)
AXTU carries a 1.50% expense ratio. Total return is -74.8% over the past 0.3 years, 50.7 points behind AXTI at -24.1%.
AXTU is a leveraged equity ETF that seeks to deliver twice the daily performance of the Axion International ETF (AXTI) through the use of financial leverage and derivatives. The fund carries a 1.50% expense ratio and does not currently pay distributions to shareholders. This product is designed for active traders and sophisticated investors seeking amplified short-term exposure to international equities, rather than for buy-and-hold income investors, as leveraged daily reset funds experience compounding effects that can diverge significantly from their underlying benchmark over longer time periods.
AXTU key facts
- Issuer
- REX Shares
- Asset type
- ETF
- Asset class
- Equity
- Expense ratio
- 1.50%
- Last close
- $6.48
- AUM
- $7,770,537
- Average volume
- 1182500.0
More funds from REX Shares.
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