SMUP

T-REX 2X Long SMR Daily Target ETF

$3.17

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The T-REX 2X Long SMR Daily Target ETF (SMUP) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the S&P Semiconductor & Equipment Select Industry Index.

Overview

ETF tracking T-REX 2X Long SMR Daily Target ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-25

Market Cap $1.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $3.17 - $25.62

VWAP $3.19

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The T-REX 2X Long SMR Daily Target ETF (SMUP) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the S&P Semiconductor & Equipment Select Industry Index.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to gain leveraged exposure to the underlying index. It aims to deliver 2x the daily returns of the index, before fees and expenses.

✨ Key Features

Provides 2x daily leveraged exposure to the semiconductor and equipment industry
Utilizes derivatives to achieve its leveraged investment objective
Resets daily, so longer-term performance may differ from 2x the index
Relatively high risk due to the use of leverage

⚠️ Primary Risks

Leveraged and daily reset nature can lead to significant volatility and potential for losses
Derivative instruments used to achieve leverage carry counterparty and liquidity risks
Sector concentration risk as the fund is focused on the semiconductor industry
Potential for divergence from 2x the index performance over longer holding periods

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who seek short-term, leveraged exposure to the semiconductor and equipment industry and understand the risks associated with daily rebalanced, leveraged funds. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.