Key stats
About T-REX 2X Long AXON Daily Target ETF
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Inception date
Sep 16, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US26923Q5311
AXUP primarily uses swap agreements to make bullish bets on the share price of Axon Enterprise, Inc. (NASDAQ: AXON). Additionally, the fund may purchase FLEX call options on AXON or invest directly in the stocks of AXON. AXON is a US company that develops technology and weapons products for military, law enforcement, and civilians. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in AXON price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash91.14%
Mutual fund8.86%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AXUP trades at 14.87 USD today, its price has fallen −2.56% in the past 24 hours. Track more dynamics on AXUP price chart.
AXUP net asset value is 14.44 today — it's risen 19.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AXUP assets under management is 2.79 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AXUP price has risen by 19.06% over the last month, and its yearly performance shows a −40.23% decrease. See more dynamics on AXUP price chart.
NAV returns, another gauge of an ETF dynamics, showed a −35.25% decrease in three-month performance and has increased by 15.52% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −35.25% decrease in three-month performance and has increased by 15.52% in a year.
AXUP fund flows account for 3.35 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AXUP invests in cash. See more details in our Analysis section.
AXUP expense ratio is 1.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, AXUP is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, AXUP doesn't pay dividends to its holders.
AXUP trades at a premium (0.35%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AXUP shares are issued by Tuttle Capital Management LLC
AXUP follows the Axon Enterprise Inc - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 16, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.