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TEUPT-REX 2X LONG TE DAILY TARGET ETF

Take a betNewRanked #707 of 874 in this goal

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

By Rex · Launched 2026

Annual Cost

1.50%

#5,608 of 5,731 · expensive

Fund Size

$4M

#5,263 of 5,731 · small

Return (1Y)Goal

N/A

Track Record

2 months

#5,553 of 5,731 · young

Performance

Total-return NAV · USD
Growth of $10,000
$2,988-70.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Leveraged

What it actually holds

By weight

Concentration

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

T1 Energy IncTE
73.2%

Asset allocation

Stocks
73.2%
Cash
26.8%

By sector

Industrials
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-77.7%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 TE.
Strategy
Invests at least 80% of net assets in financial instruments designed to provide 200% exposure to TE's daily price performance. The Fund may use call options and swap agreements to achieve this leverage, focusing on the industrials sector.
Inception date
May 28, 2026
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 2026-07-15