# KATT (T-REX 2X LONG PURR DAILY TARGET ETF)

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

Since launch to Sep 30, 2026: KATT returned −3.5% where its own daily promise gave −1.3%, 2.2 points short.

## Key facts

- KATT, what PURR did: +2.0%, as of Sep 30, 2026.
- KATT, what 2 times a day gives: −1.3%, as of Sep 30, 2026.
- KATT, what the fund returned: −3.5%, as of Sep 30, 2026.
- KATT, the fund itself cost: −2.2 pts, as of Sep 30, 2026.
- KATT, net assets: $465,800 (issuer page, as of Sep 29, 2026).
- KATT, expense ratio: 1.50% (485BPOS XBRL, Jul 22, 2026).

## KATT over each window to Sep 30, 2026

| Window | Fund | PURR | +2x the move | Difference | PURR moved about |
| --- | --- | --- | --- | --- | --- |
| Since launch | −3.5% | +2.0% | +4.0% | −7.5 pts | 94% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of PURR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | PURR moved +2.0% over this window, too little to read a multiple from | ETFIQ |
| Underlying | PURR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $465,800 | issuer page, as of Sep 29, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Jul 22, 2026 |
| Launched | Sep 9, 2026 | ETFIQ |
| Underlying volatility over the window | 94% annualized | ETFIQ |

## Questions

### Did KATT return +2 times PURR?

Over the window to Sep 30, 2026, PURR moved +2.0% and KATT returned −3.5%. 2 times that move is +4.0%, so the fund came out 7.5 points short of it.

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

Because it resets daily. KATT 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 PURR ETF tracked its stated multiple most closely?

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.


## Cite this page

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

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