AAPX
T-REX 2X Long Apple Daily
Target ETF
Target ETF
AAPX is the first 2X ETF for AAPL in the U.S.!
T-REX ETFs set the standard for innovative trading products. As the first to offer 2X and -2X daily targeted leverage on stocks like TSLA, NVDA, MSTR, and now the first 2X NFLX ETF! T-REX is brought to you by REX Shares and Tuttle Capital Management.
Fund Objective:
The T-REX 2X Long Apple Daily Target ETF (the “Fund”) seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify (200%) the daily performance of the publicly-traded common stock of Apple Inc. (NASDAQ: AAPL).
The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of AAPL. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
Investing in the Funds is not equivalent to investing directly in AAPL.
Fund Materials:
The Fund will lose money if the underlying security performance is flat over time, and as a result of daily rebalancing, the underlying security’s volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying security’s performance increases over a period longer than a single day. The Funds seek daily inverse leveraged or long leveraged investment results and are intended to be used as short-term trading vehicles. The Funds are not intended to be used by, and are not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Funds’ investment adviser will not attempt to position each Fund’s portfolio to ensure that a Fund does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, if a Fund’s underlying security moves more than 50%, as applicable, on a given trading day in a direction adverse to the Fund, the Fund’s investors would lose all of their money.
Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Fund Holdings:
Fund holdings are subject to change.
Fund Performance:
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 844-802-4004. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.
NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
Distribution Calendar:
Distribution Per ShareDeclaration DateEX DateRecord DatePayable12/23/202412/24/202412/24/202412/26/2024
Regulatory Documents:
2023 Exchange Holidays:
The following holidays fall on weekdays and are observed closed days for the Funds:
Holiday | Date |
---|---|
New Year's Day | Monday, January 2, 2023 (New Year's holiday observed) |
MLK Jr. Day | Monday, January 16, 2023 |
President's Day | Monday, February 20, 2023 |
Good Friday | Friday, April 7, 2023 |
Memorial Day | Monday, May 29, 2023 |
Juneteenth Nat'l Independence Day | Monday, June 19, 2023 |
Independence Day | Tuesday, July 4, 2023 |
Labor Day | Monday, September 4, 2023 |
Thanksgiving Day | Thursday, November 23, 2023 |
Christmas Day | Monday, December 25, 2023 |
Get in Touch
T-REX is brought to you by REX Shares & Tuttle Capital Management.
REX is an innovative ETP provider that specializes in alternative-strategy ETFs and ETNs. The firm created the MicroSectors™ and co-created the T-REX product lines of leveraged and inverse tools for traders and recently launched a series of option-based income strategies. The firm is rooted in decades of experience building inventive solutions that solve for a range of specific challenges in investor and trader portfolios.
Tuttle Capital Management is an industry leader in offering thematic and actively managed ETFs. TCM utilizes informed agility when managing portfolios, an approach that, from an informed standpoint, can assess and blend effective elements from multiple investment styles, and, from a position of agility, aims to stay in harmony with market trends without being too passive or too active.
Schedule a time to talk to a team member or submit a form.
"*" indicates required fields