# FGRU (T-REX 2X LONG FIGR DAILY TARGET ETF)

T-REX · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: FGRU returned −43.6% where its own daily promise gave −40.1%, 3.4 points short.

## Key facts

- FGRU, what FIGR did: −15.9%, as of Oct 2, 2026.
- FGRU, what 2 times a day gives: −40.1%, as of Oct 2, 2026.
- FGRU, what the fund returned: −43.6%, as of Oct 2, 2026.
- FGRU, the fund itself cost: −3.4 pts, as of Oct 2, 2026.
- FGRU, net assets: $4m (issuer page, as of Oct 1, 2026).
- FGRU, expense ratio: 1.50% (485BPOS XBRL, Jan 30, 2026).

## FGRU over each window to Oct 2, 2026

| Window | Fund | FIGR | +2x the move | Difference | FIGR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −30.6% | −14.0% | −28.1% | −2.5 pts | 70% |
| 3 months | −43.6% | −15.9% | −31.7% | −11.8 pts | 81% |
| 6 months | −54.5% | −17.3% | −34.7% | −19.8 pts | 76% |
| Since launch | −68.2% | −19.6% | −39.3% | −29.0 pts | 92% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of FIGR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.74 times, against +2 stated | ETFIQ |
| Underlying | FIGR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $4m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Jan 30, 2026 |
| Launched | Feb 18, 2026 | ETFIQ |
| Underlying volatility over the window | 81% annualized | ETFIQ |

## Questions

### Did FGRU return +2 times FIGR?

Over the window to Oct 2, 2026, FIGR moved −15.9% and FGRU returned −43.6%. 2 times that move is −31.7%, so the fund came out 11.8 points short of it.

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

Because it resets daily. FGRU 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, FGRU, data as of Oct 2, 2026. https://etfiq.com/funds/fgru
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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