{
 "ticker": "GMEU",
 "name": "T-REX 2X LONG GME DAILY TARGET ETF",
 "issuer": "T-REX",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/gmeu",
 "html": "https://etfiq.com/funds/gmeu",
 "markdown": "https://etfiq.com/funds/gmeu.md",
 "as_of": "2026-09-30",
 "verdict": "Three months to Sep 30, 2026: GMEU returned +4.3% where its own daily promise gave +13.2%, 9.0 points short.",
 "key_facts": [
  {
   "key": "what_gme_did",
   "label": "What GME did",
   "value": "+8.9%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "GMEU, what GME did: +8.9%, as of Sep 30, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+13.2%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "GMEU, what 2 times a day gives: +13.2%, as of Sep 30, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+4.3%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "GMEU, what the fund returned: +4.3%, as of Sep 30, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22129.0 pts",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "GMEU, the fund itself cost: \u22129.0 pts, as of Sep 30, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$26m",
   "source": "issuer page, as of Sep 29, 2026",
   "as_of": "2026-09-30",
   "sentence": "GMEU, net assets: $26m (issuer page, as of Sep 29, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.50%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-30",
   "sentence": "GMEU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of GME, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+0.48 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "GME",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$26m",
   "source": "issuer page, as of Sep 29, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.50%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 29, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "41% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+71.3%",
   "GME": "+34.1%",
   "+2x the move": "+68.2%",
   "Difference": "+3.1 pts",
   "GME moved about": "42%"
  },
  {
   "window": "3 months",
   "Fund": "+4.3%",
   "GME": "+8.9%",
   "+2x the move": "+17.8%",
   "Difference": "\u221213.5 pts",
   "GME moved about": "41%"
  },
  {
   "window": "6 months",
   "Fund": "\u22129.7%",
   "GME": "+8.3%",
   "+2x the move": "+16.6%",
   "Difference": "\u221226.3 pts",
   "GME moved about": "41%"
  },
  {
   "window": "1 year",
   "Fund": "\u221249.3%",
   "GME": "\u22129.6%",
   "+2x the move": "\u221219.3%",
   "Difference": "\u221230.0 pts",
   "GME moved about": "38%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221264.1%",
   "GME": "\u22129.6%",
   "+2x the move": "\u221219.1%",
   "Difference": "\u221245.0 pts",
   "GME moved about": "44%"
  }
 ],
 "questions": [
  {
   "q": "Did GMEU return +2 times GME?",
   "a": "Over the window to Sep 30, 2026, GME moved +8.9% and GMEU returned +4.3%. 2 times that move is +17.8%, so the fund came out 13.5 points short of it."
  },
  {
   "q": "Why does GMEU not return +2 times over a year?",
   "a": "Because it resets daily. GMEU 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."
  },
  {
   "q": "Which +2x GME ETF tracked its stated multiple most closely?",
   "a": "2 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."
  }
 ],
 "generated": "2026-10-01",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}