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LITUT-REX 2X Long LITE Daily Target ETF

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Seeks daily investment results of 200% of the daily performance of LITE.

Annual Cost

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Fund Size

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Dividend Yield

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Track Record

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What's inside

Asset class
equity
Region
north america
Strategy
leveraged

Fund details

Where to buy
Cboe BZX
Objective
Seeks daily investment results of 200% of the daily performance of LITE.
Strategy
Invests primarily in financial instruments to provide 200% exposure to LITE's daily price performance. May use call options and direct stock investments, with daily rebalancing to maintain exposure.

Our take

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

Leveraged single stock
Critical

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

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

Next steps

Data updated on 2026-05-26