# AKAL (T-REX 2X LONG AKAM DAILY TARGET ETF)

T-REX · Leveraged ETFs · data as of Oct 9, 2026

One month to Oct 9, 2026: AKAL returned −10.5% where its own daily promise gave −9.5%, 1.0 points short.

## Key facts

- AKAL, what AKAM did: −3.4%, as of Oct 9, 2026.
- AKAL, what 2 times a day gives: −9.5%, as of Oct 9, 2026.
- AKAL, what the fund returned: −10.5%, as of Oct 9, 2026.
- AKAL, the fund itself cost: −1.0 pts, as of Oct 9, 2026.
- AKAL, net assets: $5m (issuer page, as of Oct 8, 2026).
- AKAL, expense ratio: 1.50% (485BPOS XBRL, Jul 22, 2026).

## AKAL over each window to Oct 9, 2026

| Window | Fund | AKAM | +2x the move | Difference | AKAM moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −10.5% | −3.4% | −6.9% | −3.6 pts | 61% |
| Since launch | −25.0% | −9.8% | −19.6% | −5.4 pts | 57% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AKAM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | AKAM moved −3.4% over this window, too little to read a multiple from | ETFIQ |
| Underlying | AKAM | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $5m | issuer page, as of Oct 8, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Jul 22, 2026 |
| First traded | Aug 6, 2026 | ETFIQ |
| Underlying volatility over the window | 61% annualized | ETFIQ |

## Questions

### Did AKAL return +2 times AKAM?

Over the month to Oct 9, 2026, AKAM moved −3.4% and AKAL returned −10.5%. 2 times that move is −6.9%, so the fund came out 3.6 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 1.0 points short.

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

Because it resets daily. AKAL 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, AKAL, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/akal
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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