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GOOXT-Rex 2X Long Alphabet Daily Target ETF

Take a bet2y track recordRanked #346 of 949 in this goal

Seeks daily investment results, before fees and expenses, of 200% of the daily performance of GOOG.

By Rex · Launched 2024

Annual Cost

1.05%

#5,327 of 5,861 · expensive

Fund Size

$53M

#3,599 of 5,861 · mid-size

Return (1Y)Goal

+167.1%

Track Record

2 years

#3,304 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$27,960+179.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

single-stock bet — holdings shown are derivatives collateral, not diversification

ALPHABET INC.
9.7%
ALPHABET INC.
0.2%

Asset allocation

Stocks
79.7%
Bonds
20.3%

By sector

Communication
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
63.8%High

Year-on-year price swings

Max drawdown
-52.5%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 GOOG.
Strategy
Seeks 200% of the daily return of the common stock of Alphabet Inc. (GOOG) via swap agreements with global financial institutions, rebalanced daily. Concentrated in the communication services sector; designed as a short-term daily-reset leveraged trading vehicle whose returns compound and diverge from 200% of GOOG over periods longer than one trading day.
Inception date
January 10, 2024
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

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Data updated on 2026-08-04