T-REX 2X Long KTOS Daily Target ETF (KTUP) Performance
KTUP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −85.8% since Dec 31, 2025
- 1 year
- −90.9% total return
- Since first price
- −88.4% since 2025
KTUP trailing returns vs SPY, QQQ, AGG
| Period | KTUP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −32.3% | −32.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −46.4% | −46.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −74.4% | −74.4% | +7.8% | +8.4% | −1.5% |
| YTD | −85.8% | −85.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −90.9% | −91.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 16, 2025 | −88.4% | −88.6% | — | — | — |
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: KTUP vs SPY
From Sep 16, 2025: KTUP grew to $1,156, SPY to $11,671.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KTUP returns by calendar year
2026 is year to date.
KTUP annual returns table
| Year | KTUP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −85.8% | −95.1% | +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.
KTUP largest drawdowns
Now 95.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2026 | −95.1% | Oct 22, 2026 | not yet | 9 months | 9 months so far |
| Oct 8, 2025 | −63.3% | Nov 20, 2025 | Jan 12, 2026 | 43 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.
KTUP risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −89.7% |
| Volatility (annualized) | 109.2% |
| Sharpe ratio | -1.47 |
| Sortino ratio | -1.80 |
| Best month | +70.2% |
| Worst month | −43.5% |
| Best 12 months | −89.7% |
| Worst 12 months | −89.7% |
| Positive months | 17% |
| 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.
KTUP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −91.1% | −90.4% | −89.7% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
KTUP performance overview
T-REX 2X Long KTOS Daily Target ETF (KTUP) returned −90.9% over the past year, with distributions reinvested. Since its first recorded price on Sep 16, 2025 it has returned −88.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −95.1%, from Jan 16, 2026 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 109.2% a year.
Related: KTUP chart, KTUP dividends. See the KTUP overview for the latest quote and fund facts.
KTUP performance FAQ
What is the KTUP return over the past year?
KTUP returned −90.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 91.1%.
How much would $10,000 invested in KTUP be worth?
$10,000 invested in KTUP at its first recorded close on September 16, 2025 would be worth about $1,156 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of KTUP?
The largest peak-to-trough decline was −95.1% between January 16, 2026 and October 22, 2026. It has not yet recovered to that high; it is 95.0% below its peak.
How volatile is KTUP?
Over the past history KTUP had an annualized volatility of 109.2% and a Sharpe ratio of -1.47 (excess return over 1–3 month T-bills per unit of risk).