Data as of .
AXTQ vs AXTU: which held to its multiple?
AXTQ returns -2 times AXTI each day and AXTU +2 times, and they share no window yet.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| AXTQ | AXTU | AXTQ | AXTU | AXTQ | AXTU | |
| 1 month | not published | −41.9% | not published | −34.9% | not published | −7.0 pts |
| 3 months | not published | −78.7% | not published | −66.7% | not published | −12.0 pts |
| Since launch | +31.0% | −86.3% | +42.6% | −79.6% | −11.6 pts | −6.8 pts |
| AXTQ Tradr 2X Short AXTI Daily ETF Aims to return twice the opposite of the daily move of AXTI | AXTU T-REX 2X LONG AXTI DAILY TARGET ETF Aims to return twice the daily move of AXTI | |
|---|---|---|
| Issuer | Tradr | T-REX |
| Sets out to return | -2x | +2x |
| On | AXTI | AXTI |
| Segment | company | company |
| Fund returned, 3 months | +31.0% | −78.7% |
| Underlying returned, 3 months | −21.3% | −33.4% |
| What the stated multiple implies, 3 months | +42.6% | −66.7% |
| Difference from stated, 3 months | −11.6 pts | −12.0 pts |
| Fund returned, 1 year or since launch | +31.0% | −86.3% |
| Difference from stated, over that window | −11.6 pts | −6.8 pts |
| Underlying volatility | 102% | 165% |
| Difference over the days both have traded | no shared window | −7.0 pts |
| Expense ratio | 1.49% | 1.50% |
| Launched | Aug 18, 2026 | May 5, 2026 |
AXTQ in plain words
Since launch to Sep 11, 2026: AXTQ returned +31.0% where its own daily promise gave +29.4%, 1.6 points over. Read the multiple against the whole window instead and −2 times AXTI's −21.3% implies +42.6%, which makes AXTQ look 11.6 points short. 13.2 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. AXTQ aims to return -2 times AXTI's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not -2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. AXTI moved at 102% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
AXTU in plain words
Three months to Sep 11, 2026: AXTU returned −78.7% where its own daily promise gave −77.0%, 1.7 points short. Read the multiple against the whole window instead and +2 times AXTI's −33.4% implies −66.7%, which makes AXTU look 12.0 points short. 10.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. AXTU aims to return +2 times AXTI's move each day, then resets. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. AXTI moved at 165% annualized over that window.
Questions people ask
- Are AXTQ and AXTU levered on the same thing?
- Yes. Both are levered on AXTI, AXTQ at -2 times and AXTU at +2 times the daily move.
- Can I hold AXTQ or AXTU for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, AXTQ or AXTU?
- AXTQ charges 1.49% a year and AXTU charges 1.50%, so AXTQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AXTQ against AXTU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/AXTQ-AXTU Free to use with attribution; the underlying files are at Open data.