T-Rex 2X Long GME Daily Target ETF (GMEU) Performance
GMEU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.7% since Dec 31, 2025
- 1 year
- −31.5% total return
- Since first price
- −64.3% since 2025
GMEU trailing returns vs SPY, QQQ, AGG
| Period | GMEU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +17.9% | +17.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −24.4% | −24.4% | +7.8% | +8.4% | −1.5% |
| YTD | +2.7% | +2.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −31.5% | −31.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 24, 2025 | −64.3% | −64.3% | — | — | — |
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: GMEU vs SPY
From Apr 24, 2025: GMEU grew to $3,570, SPY to $14,132.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GMEU returns by calendar year
2026 is year to date.
GMEU annual returns table
| Year | GMEU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.7% | −63.6% | +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.
GMEU largest drawdowns
Now 77.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 27, 2025 | −87.3% | Aug 28, 2026 | not yet | 1.3 years | 1.4 years so far |
| Apr 30, 2025 | −13.7% | May 6, 2025 | May 13, 2025 | 6 days | 13 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GMEU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −52.6% |
| Volatility (annualized) | 103.7% |
| Sharpe ratio | -0.28 |
| Sortino ratio | -0.44 |
| Best month | +71.3% |
| Worst month | −41.6% |
| Best 12 months | −41.0% |
| Worst 12 months | −71.2% |
| Positive months | 35% |
| 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.
GMEU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 7 | −71.2% | −49.3% | −22.8% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GMEU performance overview
T-Rex 2X Long GME Daily Target ETF (GMEU) returned −31.5% over the past year, with distributions reinvested. Since its first recorded price on Apr 24, 2025 it has returned −64.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −87.3%, from May 27, 2025 to Aug 28, 2026; the fund has not yet regained that high. Volatility has been 103.7% a year.
Related: GMEU chart. See the GMEU overview for the latest quote and fund facts.
GMEU performance FAQ
What is the GMEU return over the past year?
GMEU returned −31.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 31.5%.
How much would $10,000 invested in GMEU be worth?
$10,000 invested in GMEU at its first recorded close on April 24, 2025 would be worth about $3,570 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GMEU?
The largest peak-to-trough decline was −87.3% between May 27, 2025 and August 28, 2026. It has not yet recovered to that high; it is 77.2% below its peak.
How volatile is GMEU?
Over the past history GMEU had an annualized volatility of 103.7% and a Sharpe ratio of -0.28 (excess return over 1–3 month T-bills per unit of risk).