SPAXT-REX 2X Long SPCX Daily Target ETF
Seeks daily investment results, before fees and expenses, of 200% of the daily performance of SpaceX (NASDAQ: SPCX) common stock.
By Rex · Launched 2026
Annual Cost
1.50%
#5,896 of 6,033 · expensive
Fund Size
$43M
#3,906 of 6,033 · mid-size
Return (1Y)
-52.3%
Track Record
3 months
#5,661 of 6,033 · young
Performance
Total-return NAV · USDGrowth of $10,000
$4,477-55.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
Space Exploration Technologies Corp Class ASPCX
44.1%
Asset allocation
Cash
96.3%
Other
3.8%
By sector
Industrials
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
81.3%High
Year-on-year price swings
Max drawdown
-75.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.30Below average
Sortino (3Y)
-0.40Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results, before fees and expenses, of 200% of the daily performance of SpaceX (NASDAQ: SPCX) common stock.
- Strategy
- Seeks 200% of the daily price performance of the publicly-traded common stock of Space Exploration Technologies Corporation (SpaceX, NASDAQ: SPCX), primarily via swap agreements, with optional call options (including FLEX Options) and direct common-stock holdings; the Adviser allocates among these instruments. Daily-reset leveraged exposure rebalanced daily and concentrated in the industrials sector (aerospace, defense, satellite communications); returns over periods longer than one trading day diverge materially from 200%.
- Inception date
- June 12, 2026
- Fund family
- Rex
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Data updated on 2026-09-16