# ASUP (T-REX 2X Long ASTS Daily Target ETF)

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

Three months to Sep 11, 2026: ASUP returned −60.6% where its own daily promise gave −58.4%, 2.2 points short.

## Key facts

- ASUP, what ASTS did: −27.4%, as of Sep 11, 2026.
- ASUP, what +2 times a day gives: −58.4%, as of Sep 11, 2026.
- ASUP, what the fund returned: −60.6%, as of Sep 11, 2026.
- ASUP, the fund itself cost: −2.2 pts, as of Sep 11, 2026.
- ASUP, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- ASUP, underlying: ASTS, as of Sep 11, 2026.

## ASUP over each window to Sep 11, 2026

| Window | Fund | ASTS | +2x the move | Difference | ASTS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −38.9% | −19.4% | −38.9% | 0.0 pts | 74% |
| 3 months | −60.6% | −27.4% | −54.7% | −5.9 pts | 98% |
| Since launch | −75.7% | −37.8% | −75.6% | −0.1 pts | 111% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ASTS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.21 times, against +2 stated | ETFIQ |
| Underlying | ASTS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | May 21, 2026 | ETFIQ |
| Underlying volatility over the window | 98% annualized | ETFIQ |

## Questions

### Did ASUP return +2 times ASTS?

Over the window to Sep 11, 2026, ASTS moved −27.4% and ASUP returned −60.6%. 2 times that move is −54.7%, so the fund came out 5.9 points short of it.

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

Because it resets daily. ASUP 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 ASTS ETF tracked its stated multiple most closely?

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

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