OCNL ETF — T-REX 2X Long DOCN Daily Target ETF

T-REX 2X Long DOCN Daily Target ETF (OCNL)

Updated October 16, 2026.

OCNL is an ETF linked to DigitalOcean Holdings (DOCN). its expense ratio is 1.50%. Total return is -46.5% over the past 0.2 years, 27.2 points behind DOCN at -19.3%.

T-REX 2X Long DOCN Daily Target ETF is a leveraged ETF that seeks to deliver twice the daily performance of DigitalOcean Holdings (DOCN) stock through the use of financial derivatives and debt. The fund carries a 1.50% expense ratio and does not currently distribute income to shareholders. This ETF is designed for experienced traders seeking short-term, amplified exposure to DigitalOcean's stock price movements on a daily basis, rather than for buy-and-hold income investors.

OCNL performance versus DOCN

Price and return data through 2026-10-16.

Total return is -46.5% over the past 0.2 years, 27.2 points behind DOCN at -19.3%.

OCNL key facts

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

08/06/2026

Expense ratio

1.50%

Distribution frequency

None

Last close

$13.03 (stale; as of 2026-10-16)

AUM

$511,798

Average volume

16300.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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 or company page; Index: DigitalOcean Holdings (DOCN); 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.

OCNL risks and drawbacks

Total return has trailed DOCN over the available window.

Who may consider OCNL — and who may not

It is a weaker fit for investors who need monthly cash flow (OCNL does not currently distribute); investors whose main goal is matching DOCN total return. This is educational context, not a recommendation to buy or sell.

More on OCNL

• All tickers starting with O

Tagged: Leverage, Single, Technology.

Frequently asked questions

More securities from REX Shares.