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Launched · SEC filings

T-Rex 2X Inverse Bitcoin Daily Target ETF

BTCZCboeRexsharesCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$3.440.00 (+0.15%)

At close: Nov 2, 2026, 4:00 PM ET

C46/ 100

Rank 26 of 54 in Leveraged Inverse (2x & Other)

C46/100Rank 26 of 54inLeveraged Inverse (2x & Other)
Intraday session: flat, 78 prints from 3.44 to 3.44. Range 3.32 to 3.44. Use the arrow keys to read each point.3.333.353.383.403.4210 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$12M
1Y total return
+16.5%
Yield · Last 12 months
0.03%
Holdings
2
Avg volume · 30D
18.5M sh
52W range
low $2.69high $7.34
Launched
Filings
SEC EDGAR

The ETF.net BTCZ Grade

Based on 4 of 6 pillars

C

Score 46 out of 100

Category
Leveraged Inverse (2x & Other)⁠
Rank
26 of 54
Six-pillar profile for BTCZ. Scores out of 100: Cost 50, Risk 36, Mission not scored, Tradability 53, Holdings not scored, Durability 30. Strongest: Tradability (53). Weakest: Durability (30). Based on 4 of 6 pillars.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C50 out of 100
    Rank 1 of 54

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 41 of 53

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C53 out of 100
    Rank 25 of 54

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D30 out of 100
    Rank 49 of 54

BTCZ Performance

Launched Jul 10, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
BTCZ$11,647
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BTCZ $11,647. SPY $11,199. Use the arrow keys to read each point.$10,000$15,000$20,000$25,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BTCZ. Periods over one year show the average yearly return.
PeriodBTCZ
Year to date−18.4%
1 month+16.8%
3 months−39.3%
1 year+16.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BTCZ
YearReturn barBTCZ
2026 YTD−18.4%
2025−29.1%
2024−76.6%

Since listing, Jul 10, 2024

BTCZ in the news

BTCZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.03%Last 12 months
Payout per share
$0.001Last 12 months
Last payment
$0.001 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2024 $0.005; Dec 24, 2025 $0.001. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025No data$0.001
Dec 24, 2024No data$0.005

— Pay date not on file.

$10,000 in BTCZ 1 year ago paid $3.39 in dividends.

BTCZ Risk

Risk pillarD36 out of 100Rank 41 of 53 in Leveraged Inverse (2x & Other)

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
85.5%
Annualised · 27 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.47
vs 3-month T-bills · 27 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−91.1%
27 months · trough Oct 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−1.36
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BTCZ Cost

Compare BTCZ and QQQD

Overpaying vs QQQD, cheapest in Leveraged Inverse (2x & Other)

$7,890

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BTCZ 0.95%

    $17,869

  • QQQD 0.50% Cheapest

    $9,979

$10,000
30 years

Cost over time

  • BTCZ 0.95%
  • QQQD 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BTCZ $17,869QQQD $9,979

Year by year

YearBTCZQQQDOverpaying
10$1,678$900$778
20$6,322$3,460$2,862
30$17,869$9,979$7,890

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