# ASSX (T-REX 2X LONG ASST DAILY TARGET ETF)

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

Since launch to Oct 9, 2026: ASSX returned −16.6% where its own daily promise gave −15.3%, 1.4 points short.

## Key facts

- ASSX, what ASST did: −7.6%, as of Oct 9, 2026.
- ASSX, what 2 times a day gives: −15.3%, as of Oct 9, 2026.
- ASSX, what the fund returned: −16.6%, as of Oct 9, 2026.
- ASSX, the fund itself cost: −1.4 pts, as of Oct 9, 2026.
- ASSX, net assets: $7m (issuer page, as of Oct 8, 2026).
- ASSX, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## ASSX over each window to Oct 9, 2026

| Window | Fund | ASST | +2x the move | Difference | ASST moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| Since launch | −16.6% | −7.6% | −15.2% | −1.4 pts | 33% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ASST, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.19 times, against +2 stated | ETFIQ |
| Underlying | ASST | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $7m | issuer page, as of Oct 8, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| First traded | Sep 18, 2026 | ETFIQ |
| Underlying volatility over the window | 33% annualized | ETFIQ |

## Questions

### Did ASSX return +2 times ASST?

Over the record since launch to Oct 9, 2026, ASST moved −7.6% and ASSX returned −16.6%. 2 times that move is −15.2%, so the fund came out 1.4 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 1.4 points short.

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

Because it resets daily. ASSX 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, ASSX, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/assx
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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