T-Rex 2X Long Ether Daily Target ETF (ETU) Performance
ETU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −56.6% since Dec 31, 2025
- 1 year
- −77.8% total return
- Since first price
- −75.5% since 2024
ETU trailing returns vs SPY, QQQ, AGG
| Period | ETU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −22.0% | −22.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +49.8% | +49.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.3% | −11.3% | +7.8% | +8.4% | −1.5% |
| YTD | −56.6% | −56.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −77.8% | −77.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 24, 2024 | −75.5% | −75.5% | — | — | — |
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: ETU vs SPY
From Oct 24, 2024: ETU grew to $2,452, SPY to $13,423.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ETU returns by calendar year
0 of 1 full years positive. Best 2025 (−62.4%), worst 2025 (−62.4%). 2026 is year to date.
ETU annual returns table
| Year | ETU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −56.6% | −84.0% | +12.3% | +15.1% | −1.0% |
| 2025 | −62.4% | −87.7% | +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.
ETU largest drawdowns
Now 89.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 6, 2024 | −95.0% | Jun 25, 2026 | not yet | 1.5 years | 1.9 years so far |
| Oct 30, 2024 | −17.7% | Nov 4, 2024 | Nov 6, 2024 | 5 days | 7 days |
| Nov 11, 2024 | −17.1% | Nov 20, 2024 | Nov 25, 2024 | 9 days | 14 days |
| Nov 25, 2024 | −11.0% | Nov 26, 2024 | Nov 27, 2024 | 1 days | 2 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ETU risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −44.8% |
| Volatility (annualized) | 163.1% |
| Sharpe ratio | 0.30 |
| Sortino ratio | 0.58 |
| Best month | +107.8% |
| Worst month | −59.2% |
| Best 12 months | +13.0% |
| Worst 12 months | −86.6% |
| Positive months | 39% |
| 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.
ETU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | −86.6% | −67.3% | +13.0% | 8% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
ETU performance overview
T-Rex 2X Long Ether Daily Target ETF (ETU) returned −77.8% over the past year, with distributions reinvested. Since its first recorded price on Oct 24, 2024 it has returned −75.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −95.0%, from Dec 6, 2024 to Jun 25, 2026; the fund has not yet regained that high. Volatility has been 163.1% a year.
Related: ETU chart, ETU dividends. See the ETU overview for the latest quote and fund facts.
ETU performance FAQ
What is the ETU return over the past year?
ETU returned −77.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 77.8%.
How much would $10,000 invested in ETU be worth?
$10,000 invested in ETU at its first recorded close on October 24, 2024 would be worth about $2,452 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of ETU?
The largest peak-to-trough decline was −95.0% between December 6, 2024 and June 25, 2026. It has not yet recovered to that high; it is 89.4% below its peak.
How volatile is ETU?
Over the past history ETU had an annualized volatility of 163.1% and a Sharpe ratio of 0.30 (excess return over 1–3 month T-bills per unit of risk).