# FGRU (T-REX 2X LONG FIGR DAILY TARGET ETF)

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

Three months to Sep 11, 2026: FGRU returned +24.0% where its own daily promise gave +31.3%, 7.3 points short.

## Key facts

- FGRU, what FIGR did: +24.9%, as of Sep 11, 2026.
- FGRU, what +2 times a day gives: +31.3%, as of Sep 11, 2026.
- FGRU, what the fund returned: +24.0%, as of Sep 11, 2026.
- FGRU, the fund itself cost: −7.3 pts, as of Sep 11, 2026.
- FGRU, net assets: $7m (source, as filed for Jun 30, 2026).
- FGRU, expense ratio: not read by ETFIQ, as of Sep 11, 2026.

## FGRU over each window to Sep 11, 2026

| Window | Fund | FIGR | +2x the move | Difference | FIGR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +19.4% | +13.7% | +27.3% | −7.9 pts | 91% |
| 3 months | +24.0% | +24.9% | +49.7% | −25.7 pts | 84% |
| 6 months | −33.6% | −0.6% | −1.1% | −32.4 pts | 77% |
| Since launch | −50.4% | −1.8% | −3.5% | −46.8 pts | 94% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of FIGR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +0.96 times, against +2 stated | ETFIQ |
| Underlying | FIGR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $7m | source, as filed for Jun 30, 2026 |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Feb 18, 2026 | ETFIQ |
| Underlying volatility over the window | 84% annualized | ETFIQ |

## Questions

### Did FGRU return +2 times FIGR?

Over the window to Sep 11, 2026, FIGR moved +24.9% and FGRU returned +24.0%. 2 times that move is +49.7%, so the fund came out 25.7 points short of it.

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

Because it resets daily. FGRU 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, FGRU, data as of Sep 11, 2026. https://etfiq.com/funds/FGRU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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