# KTUP (T-REX 2X LONG KTOS DAILY TARGET ETF)

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

Three months to Oct 2, 2026: KTUP returned −47.2% where its own daily promise gave −44.0%, 3.2 points short.

## Key facts

- KTUP, what KTOS did: −22.2%, as of Oct 2, 2026.
- KTUP, what 2 times a day gives: −44.0%, as of Oct 2, 2026.
- KTUP, what the fund returned: −47.2%, as of Oct 2, 2026.
- KTUP, the fund itself cost: −3.2 pts, as of Oct 2, 2026.
- KTUP, net assets: $11m (issuer page, as of Oct 1, 2026).
- KTUP, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## KTUP over each window to Oct 2, 2026

| Window | Fund | KTOS | +2x the move | Difference | KTOS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −21.2% | −9.9% | −19.7% | −1.5 pts | 27% |
| 3 months | −47.2% | −22.2% | −44.4% | −2.8 pts | 54% |
| 6 months | −70.3% | −36.0% | −72.0% | +1.7 pts | 64% |
| 1 year | −90.4% | −54.7% | −109.4% | +18.9 pts | 71% |
| Since launch | −85.4% | −43.6% | −87.2% | +1.8 pts | 70% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of KTOS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.13 times, against +2 stated | ETFIQ |
| Underlying | KTOS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $11m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Sep 16, 2025 | ETFIQ |
| Underlying volatility over the window | 54% annualized | ETFIQ |

## Questions

### Did KTUP return +2 times KTOS?

Over the window to Oct 2, 2026, KTOS moved −22.2% and KTUP returned −47.2%. 2 times that move is −44.4%, so the fund came out 2.8 points short of it.

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

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

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