# SBTU (T-REX 2X LONG SBET DAILY TARGET ETF)

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

Three months to Oct 2, 2026: SBTU returned +158.5% where its own daily promise gave +169.4%, 10.9 points short.

## Key facts

- SBTU, what SBET did: +76.1%, as of Oct 2, 2026.
- SBTU, what 2 times a day gives: +169.4%, as of Oct 2, 2026.
- SBTU, what the fund returned: +158.5%, as of Oct 2, 2026.
- SBTU, the fund itself cost: −10.9 pts, as of Oct 2, 2026.
- SBTU, net assets: $6m (issuer page, as of Oct 1, 2026).
- SBTU, expense ratio: 1.50% (485BPOS XBRL, Oct 15, 2025).

## SBTU over each window to Oct 2, 2026

| Window | Fund | SBET | +2x the move | Difference | SBET moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +23.6% | +15.4% | +30.9% | −7.2 pts | 82% |
| 3 months | +158.5% | +76.1% | +152.2% | +6.3 pts | 76% |
| 6 months | +66.2% | +51.0% | +102.1% | −35.9 pts | 71% |
| Since launch | −79.9% | −34.8% | −69.6% | −10.3 pts | 79% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SBET, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.08 times, against +2 stated | ETFIQ |
| Underlying | SBET | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $6m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Oct 15, 2025 |
| Launched | Oct 21, 2025 | ETFIQ |
| Underlying volatility over the window | 76% annualized | ETFIQ |

## Questions

### Did SBTU return +2 times SBET?

Over the window to Oct 2, 2026, SBET moved +76.1% and SBTU returned +158.5%. 2 times that move is +152.2%, so the fund came out 6.3 points ahead of it.

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

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

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