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ETUT-Rex 2X Long Ether Daily Target ETF

Take a bet1y track recordRanked #435 of 949 in this goal

Seeks daily investment results of 200% of the daily performance of spot ether.

By Rex · Launched 2024

Annual Cost

0.95%

#4,882 of 5,861 · expensive

Fund Size

$7M

#5,074 of 5,861 · small

Return (1Y)Goal

-86.8%

Track Record

1 year

#3,807 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$1,343-86.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

N/A
2.3%

Asset allocation

Stocks
207.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
134.1%High

Year-on-year price swings

Max drawdown
-95.0%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 of 200% of the daily performance of spot ether.
Strategy
Invests primarily in derivatives to achieve 2x daily exposure to spot ether. May also use other ETFs for cash management purposes.
Inception date
October 22, 2024
Fund family
Rex

Our take

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

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

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

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Data updated on 2026-08-04