# BMNU (T-REX 2X LONG BMNR DAILY TARGET ETF)

T-REX · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: BMNU returned +176.8% where its own daily promise gave +198.0%, 21.2 points short.

## Key facts

- BMNU, what BMNR did: +86.8%, as of Sep 30, 2026.
- BMNU, what 2 times a day gives: +198.0%, as of Sep 30, 2026.
- BMNU, what the fund returned: +176.8%, as of Sep 30, 2026.
- BMNU, the fund itself cost: −21.2 pts, as of Sep 30, 2026.
- BMNU, net assets: $419m (issuer page, as of Sep 29, 2026).
- BMNU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## BMNU over each window to Sep 30, 2026

| Window | Fund | BMNR | +2x the move | Difference | BMNR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +0.4% | +4.4% | +8.8% | −8.3 pts | 87% |
| 3 months | +176.8% | +86.8% | +173.6% | +3.2 pts | 81% |
| 6 months | +18.6% | +34.2% | +68.5% | −49.9 pts | 75% |
| 1 year | −92.5% | −49.1% | −98.2% | +5.7 pts | 92% |
| Since launch | −92.0% | −47.6% | −95.3% | +3.3 pts | 92% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BMNR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.04 times, against +2 stated | ETFIQ |
| Underlying | BMNR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $419m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Sep 26, 2025 | ETFIQ |
| Underlying volatility over the window | 81% annualized | ETFIQ |

## Questions

### Did BMNU return +2 times BMNR?

Over the window to Sep 30, 2026, BMNR moved +86.8% and BMNU returned +176.8%. 2 times that move is +173.6%, so the fund came out 3.2 points ahead of it.

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

Because it resets daily. BMNU 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 BMNR 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 figure itself.


## Cite this page

ETFIQ, BMNU, data as of Sep 30, 2026. https://etfiq.com/funds/bmnu
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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