T-REX 2X Long AFRM Daily Target ETF (AFRU) Performance
AFRU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −43.5% since Dec 31, 2025
- 1 year
- −51.3% total return
- Since first price
- −67.4% since 2025
AFRU trailing returns vs SPY, QQQ, AGG
| Period | AFRU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −15.4% | −15.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.2% | −2.2% | +7.8% | +8.4% | −1.5% |
| YTD | −43.5% | −43.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −51.3% | −51.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 16, 2025 | −67.4% | −67.4% | — | — | — |
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: AFRU vs SPY
From Sep 16, 2025: AFRU grew to $3,261, SPY to $11,671.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AFRU returns by calendar year
2026 is year to date.
AFRU annual returns table
| Year | AFRU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −43.5% | −77.3% | +12.3% | +15.1% | −1.0% |
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.
AFRU largest drawdowns
Now 68.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 19, 2025 | −84.4% | Mar 27, 2026 | not yet | 6 months | 1.1 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AFRU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −48.1% |
| Volatility (annualized) | 120.4% |
| Sharpe ratio | -0.08 |
| Sortino ratio | -0.15 |
| Best month | +88.1% |
| Worst month | −43.4% |
| Best 12 months | −48.1% |
| Worst 12 months | −48.1% |
| Positive months | 42% |
| 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.
AFRU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −48.1% | −46.7% | −45.4% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
AFRU performance overview
T-REX 2X Long AFRM Daily Target ETF (AFRU) returned −51.3% over the past year, with distributions reinvested. Since its first recorded price on Sep 16, 2025 it has returned −67.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −84.4%, from Sep 19, 2025 to Mar 27, 2026; the fund has not yet regained that high. Volatility has been 120.4% a year.
Related: AFRU chart. See the AFRU overview for the latest quote and fund facts.
AFRU performance FAQ
What is the AFRU return over the past year?
AFRU returned −51.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 51.3%.
How much would $10,000 invested in AFRU be worth?
$10,000 invested in AFRU at its first recorded close on September 16, 2025 would be worth about $3,261 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AFRU?
The largest peak-to-trough decline was −84.4% between September 19, 2025 and March 27, 2026. It has not yet recovered to that high; it is 68.6% below its peak.
How volatile is AFRU?
Over the past history AFRU had an annualized volatility of 120.4% and a Sharpe ratio of -0.08 (excess return over 1–3 month T-bills per unit of risk).