# GOOX (T-REX 2X LONG ALPHABET DAILY TARGET ETF)

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

Three months to Sep 11, 2026: GOOX returned −17.0% where its own daily promise gave −14.2%, 2.8 points short.

## Key facts

- GOOX, what GOOGL did: −5.8%, as of Sep 11, 2026.
- GOOX, what +2 times a day gives: −14.2%, as of Sep 11, 2026.
- GOOX, what the fund returned: −17.0%, as of Sep 11, 2026.
- GOOX, the fund itself cost: −2.8 pts, as of Sep 11, 2026.
- GOOX, net assets: $53m (source, as filed for Jun 30, 2026).
- GOOX, expense ratio: 1.05% (485BPOS XBRL, Apr 30, 2026).

## GOOX over each window to Sep 11, 2026

| Window | Fund | GOOGL | +2x the move | Difference | GOOGL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −4.7% | −1.4% | −2.8% | −1.9 pts | 19% |
| 3 months | −17.0% | −5.8% | −11.7% | −5.3 pts | 36% |
| 6 months | +10.5% | +12.1% | +24.2% | −13.7 pts | 36% |
| 1 year | +59.1% | +41.2% | +82.4% | −23.3 pts | 32% |
| Since launch | +221.6% | +140.5% | not meaningful over this window | not meaningful over this window | 31% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GOOGL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.91 times, against +2 stated | ETFIQ |
| Underlying | GOOGL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $53m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.05% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Jan 11, 2024 | ETFIQ |
| Underlying volatility over the window | 36% annualized | ETFIQ |

## Questions

### Did GOOX return +2 times GOOGL?

Over the window to Sep 11, 2026, GOOGL moved −5.8% and GOOX returned −17.0%. 2 times that move is −11.7%, so the fund came out 5.3 points short of it.

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

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

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