# APHU (T-REX 2X LONG APH DAILY TARGET ETF)

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

Three months to Sep 11, 2026: APHU returned +10.9% where its own daily promise gave +14.5%, 3.6 points short.

## Key facts

- APHU, what APH did: +9.3%, as of Sep 11, 2026.
- APHU, what +2 times a day gives: +14.5%, as of Sep 11, 2026.
- APHU, what the fund returned: +10.9%, as of Sep 11, 2026.
- APHU, the fund itself cost: −3.6 pts, as of Sep 11, 2026.
- APHU, net assets: $3m (source, as filed for Jun 30, 2026).
- APHU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## APHU over each window to Sep 11, 2026

| Window | Fund | APH | +2x the move | Difference | APH moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −4.8% | −1.3% | −2.5% | −2.3 pts | 39% |
| 3 months | +10.9% | +9.3% | +18.6% | −7.7 pts | 42% |
| 6 months | +34.0% | +25.8% | +51.5% | −17.5 pts | 45% |
| Since launch | +7.0% | +14.0% | +28.0% | −21.0 pts | 46% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of APH, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.17 times, against +2 stated | ETFIQ |
| Underlying | APH | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $3m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Feb 18, 2026 | ETFIQ |
| Underlying volatility over the window | 42% annualized | ETFIQ |

## Questions

### Did APHU return +2 times APH?

Over the window to Sep 11, 2026, APH moved +9.3% and APHU returned +10.9%. 2 times that move is +18.6%, so the fund came out 7.7 points short of it.

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

Because it resets daily. APHU 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.

### Which +2x APH ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

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

HTML: https://etfiq.com/funds/APHU  ·  JSON: https://etfiq.com/funds/APHU.json