# AXTQ (Tradr 2X Short AXTI Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 30, 2026

One month to Sep 30, 2026: AXTQ returned −55.8% where its own daily promise gave −55.7%, 0.1 points short.

## Key facts

- AXTQ, what AXTI did: +27.7%, as of Sep 30, 2026.
- AXTQ, what −2 times a day gives: −55.7%, as of Sep 30, 2026.
- AXTQ, what the fund returned: −55.8%, as of Sep 30, 2026.
- AXTQ, the fund itself cost: −0.1 pts, as of Sep 30, 2026.
- AXTQ, net assets: $10m (the issuer’s own daily fund list, as of Sep 30, 2026).
- AXTQ, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026).

## AXTQ over each window to Sep 30, 2026

| Window | Fund | AXTI | -2x the move | Difference | AXTI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −55.8% | +27.7% | −55.4% | −0.3 pts | 109% |
| Since launch | −26.0% | −6.0% | +11.9% | −37.9 pts | 109% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of AXTI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -2.01 times, against -2 stated | ETFIQ |
| Underlying | AXTI | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $10m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jul 31, 2026 |
| Launched | Aug 18, 2026 | ETFIQ |
| Underlying volatility over the window | 109% annualized | ETFIQ |

## Questions

### Did AXTQ return -2 times AXTI?

Over the window to Sep 30, 2026, AXTI moved +27.7% and AXTQ returned −55.8%. −2 times that move is −55.4%, so the fund came out 0.3 points short of it.

### Why does AXTQ not return -2 times over a year?

Because it resets daily. AXTQ 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, AXTQ, data as of Sep 30, 2026. https://etfiq.com/funds/axtq
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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