Skip to content
Beacon

ASUPT-REX 2X Long ASTS Daily Target ETF

Take a betNewRanked #792 of 853 in this goal

Seeks daily investment results, before fees and expenses, of 200% of the daily performance of AST SpaceMobile, Inc. (ASTS) common stock.

By Rex · Launched 2026

Annual Cost

1.50%

#5,570 of 5,690 · expensive

Fund Size

$1M

#5,497 of 5,690 · small

Return (1Y)Goal

N/A

Track Record

2 months

#5,538 of 5,690 · young

Performance

Total-return NAV · USD
Growth of $10,000
$3,808-61.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-79.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results, before fees and expenses, of 200% of the daily performance of AST SpaceMobile, Inc. (ASTS) common stock.
Strategy
2X daily leveraged single-stock ETF providing 200% exposure to the daily price performance of AST SpaceMobile, Inc. (NASDAQ: ASTS) common stock. Invests at least 80% of net assets in swap agreements referencing ASTS, FLEX call options on ASTS, and direct ASTS common stock; rebalances daily. Not designed to track ASTS for periods longer than a single trading day.
Inception date
May 20, 2026
Fund family
Rex

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've looked at ASUP. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-07-08