# AKAL (T-REX 2X LONG AKAM DAILY TARGET ETF)

T-REX · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: AKAL returned −26.3% where its own daily promise gave −25.5%, 0.8 points short.

## Key facts

- AKAL, what AKAM did: −13.0%, as of Sep 11, 2026.
- AKAL, what +2 times a day gives: −25.5%, as of Sep 11, 2026.
- AKAL, what the fund returned: −26.3%, as of Sep 11, 2026.
- AKAL, the fund itself cost: −0.8 pts, as of Sep 11, 2026.
- AKAL, expense ratio: 1.50% (485BPOS XBRL, Jul 22, 2026).
- AKAL, underlying: AKAM, as of Sep 11, 2026.

## AKAL over each window to Sep 11, 2026

| Window | Fund | AKAM | +2x the move | Difference | AKAM moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −26.3% | −13.0% | −26.0% | −0.2 pts | 40% |
| Since launch | −22.0% | −9.9% | −19.8% | −2.1 pts | 51% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AKAM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.02 times, against +2 stated | ETFIQ |
| Underlying | AKAM | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 1.50% | 485BPOS XBRL, Jul 22, 2026 |
| Launched | Aug 6, 2026 | ETFIQ |
| Underlying volatility over the window | 40% annualized | ETFIQ |

## Questions

### Did AKAL return +2 times AKAM?

Over the window to Sep 11, 2026, AKAM moved −13.0% and AKAL returned −26.3%. 2 times that move is −26.0%, so the fund came out 0.2 points short of it.

### Why does AKAL not return +2 times over a year?

Because it resets daily. AKAL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, AKAL, data as of Sep 11, 2026. https://etfiq.com/funds/AKAL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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