# BEX (Tradr 2X Long BE Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: BEX returned −22.9% where its own daily promise gave −20.7%, 2.1 points short.

## Key facts

- BEX, what BE did: +6.0%, as of Sep 11, 2026.
- BEX, what +2 times a day gives: −20.7%, as of Sep 11, 2026.
- BEX, what the fund returned: −22.9%, as of Sep 11, 2026.
- BEX, the fund itself cost: −2.1 pts, as of Sep 11, 2026.
- BEX, net assets: $165m (source, as filed for Jun 30, 2026).
- BEX, expense ratio: 1.30% (485BPOS XBRL, Oct 21, 2025).

## BEX over each window to Sep 11, 2026

| Window | Fund | BE | +2x the move | Difference | BE moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +27.5% | +16.3% | +32.5% | −5.0 pts | 74% |
| 3 months | −22.9% | +6.0% | +11.9% | −34.8 pts | 119% |
| Since launch | −46.0% | −8.8% | −17.6% | −28.4 pts | 115% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BE, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -3.83 times, against +2 stated | ETFIQ |
| Underlying | BE | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $165m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.30% | 485BPOS XBRL, Oct 21, 2025 |
| Launched | May 26, 2026 | ETFIQ |
| Underlying volatility over the window | 119% annualized | ETFIQ |

## Questions

### Did BEX return +2 times BE?

Over the window to Sep 11, 2026, BE moved +6.0% and BEX returned −22.9%. 2 times that move is +11.9%, so the fund came out 34.8 points short of it.

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

Because it resets daily. BEX 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 BE ETF tracked its stated multiple most closely?

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

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