# GLXU (T-REX 2X LONG GLXY DAILY TARGET ETF)

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

Three months to Sep 11, 2026: GLXU returned −58.3% where its own daily promise gave −56.4%, 1.9 points short.

## Key facts

- GLXU, what GLXY did: −26.9%, as of Sep 11, 2026.
- GLXU, what +2 times a day gives: −56.4%, as of Sep 11, 2026.
- GLXU, what the fund returned: −58.3%, as of Sep 11, 2026.
- GLXU, the fund itself cost: −1.9 pts, as of Sep 11, 2026.
- GLXU, net assets: $18m (source, as filed for Jun 30, 2026).
- GLXU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## GLXU over each window to Sep 11, 2026

| Window | Fund | GLXY | +2x the move | Difference | GLXY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +24.8% | +15.8% | +31.5% | −6.7 pts | 81% |
| 3 months | −58.3% | −26.9% | −53.7% | −4.6 pts | 89% |
| 6 months | −26.3% | +9.2% | +18.3% | −44.6 pts | 89% |
| 1 year | −75.2% | −15.5% | −31.0% | −44.3 pts | 92% |
| Since launch | −75.2% | −12.2% | −24.3% | −50.9 pts | 91% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GLXY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.17 times, against +2 stated | ETFIQ |
| Underlying | GLXY | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $18m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Aug 8, 2025 | ETFIQ |
| Underlying volatility over the window | 89% annualized | ETFIQ |

## Questions

### Did GLXU return +2 times GLXY?

Over the window to Sep 11, 2026, GLXY moved −26.9% and GLXU returned −58.3%. 2 times that move is −53.7%, so the fund came out 4.6 points short of it.

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

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

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