T Rex 2x Long Apple Daily Target ETF (AAPX) Performance
AAPX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +41.9% since Dec 31, 2025
- 1 year
- +50.9% total return
- Since first price
- +111.3% since 2024
AAPX trailing returns vs SPY, QQQ, AGG
| Period | AAPX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.5% | +5.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +12.3% | +12.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +47.7% | +47.7% | +7.8% | +8.4% | −1.5% |
| YTD | +41.9% | +41.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +50.9% | +49.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 11, 2024 | +111.3% | +74.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AAPX vs SPY
From Jan 11, 2024: AAPX grew to $21,133, SPY to $16,476.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AAPX returns by calendar year
0 of 1 full years positive. Best 2025 (−5.0%), worst 2025 (−5.0%). 2026 is year to date.
AAPX annual returns table
| Year | AAPX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +41.9% | −24.9% | +12.3% | +15.1% | −1.0% |
| 2025 | −5.0% | −53.4% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AAPX largest drawdowns
Now 0.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 26, 2024 | −58.5% | Apr 8, 2025 | Dec 2, 2025 | 3 months | 11 months |
| Jan 23, 2024 | −31.4% | Apr 19, 2024 | Jun 11, 2024 | 3 months | 5 months |
| Dec 2, 2025 | −30.1% | Mar 30, 2026 | May 13, 2026 | 4 months | 5 months |
| Jun 2, 2026 | −24.9% | Jun 25, 2026 | Jul 15, 2026 | 23 days | 43 days |
| Jul 16, 2024 | −23.3% | Aug 6, 2024 | Dec 3, 2024 | 21 days | 5 months |
| Jul 28, 2026 | −21.9% | Aug 12, 2026 | Oct 22, 2026 | 15 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AAPX risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +29.3% |
| Volatility (annualized) | 43.5% |
| Sharpe ratio | 0.70 |
| Sortino ratio | 1.26 |
| Best month | +30.8% |
| Worst month | −17.2% |
| Best 12 months | +106.3% |
| Worst 12 months | −28.1% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AAPX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | −28.1% | +21.7% | +106.3% | 64% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
AAPX performance overview
T Rex 2x Long Apple Daily Target ETF (AAPX) returned +50.9% over the past year, with distributions reinvested. Since its first recorded price on Jan 11, 2024 it has returned +111.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.5%, from Dec 26, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. Volatility has been 43.5% a year.
Related: AAPX chart, AAPX dividends. See the AAPX overview for the latest quote and fund facts.
AAPX performance FAQ
What is the AAPX return over the past year?
AAPX returned +50.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 49.9%.
How much would $10,000 invested in AAPX be worth?
$10,000 invested in AAPX at its first recorded close on January 11, 2024 would be worth about $21,133 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AAPX?
The largest peak-to-trough decline was −58.5% between December 26, 2024 and April 8, 2025. It recovered to the old high on December 2, 2025, 8 months after the bottom.
How volatile is AAPX?
Over the past history AAPX had an annualized volatility of 43.5% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).