SNDUT-REX 2X Long SNDK Daily Target ETF
Seeks daily investment results of 200% of the daily performance of SNDK.
By Rex · Launched 2026
1.50%
#5,738 of 5,861 · expensive
$413M
#1,755 of 5,861 · large
N/A
5 months
#5,246 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
What it actually holds
By weightConcentration
single-stock bet — holdings shown are derivatives collateral, not diversification
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX, NYSE American
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of SNDK.
- Strategy
- Invests at least 80% of net assets in financial instruments designed to provide 200% exposure to SNDK's price performance daily, using swaps and call options. Concentrated in the technology sector, with a market cap of approximately $88.2 billion.
- Inception date
- March 11, 2026
- Fund family
- Rex
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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