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CIFU

GradeDChicago Board Options Exchange

T-REX 2X Long CIFR Daily Target ETF

Leveraged · Single-Stock Leveraged · Rexshares · Inception 2025-11-21

This 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.

$12.75−0.10 (−0.78%)

As of Sep 23, 2026, 2:15 PM EDT

History starts Nov 21, 2025.History starts Nov 21, 2025.
Intraday session: down, 53 prints from 12.85 to 12.75. Range 12.38 to 13.46. Use the arrow keys to read each point.$12.50$13.00$13.25$13.5010 AM12 PM2 PM4 PM
Expense ratio
1.50%
Fund size
$16M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0.4M sh
NAV per share
$12.68
52W range
low $7.67high $51.21

The ETF.net CIFU Grade

D

30/ 100

Rank 263 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for CIFU. Scores out of 100: Cost 13, Risk 39, Mission 88, Tradability 46, Holdings not scored, Durability 60. Strongest: Mission (88). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 30 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank312/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 88
    Category rank95/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank188/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank193/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 60
    Category rank128/380 · top 34%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CIFU

ETF.net Research

DTwo times Cipher Mining's daily move in a single ticker, no margin account involved. A geared play on a US bitcoin miner turned data-center builder, rebuilt fresh every trading day, which makes it a short-leash trading tool.

Stated mandate

The fund seeks daily investment results corresponding to two times the performance of CIFR, before fees and expenses.

Why people hold it

  1. 01Delivers 2x the daily move of Cipher Mining, a US bitcoin miner running large-scale data centers on long-term renewable-energy contracts, in one ordinary brokerage ticker.rexshares.combusinesswire.com
  2. 02On the one job that matters for a geared fund, hitting its stated daily multiple, it has tracked tightly, among the stronger showings in the leveraged single-stock crowd.
  3. 03The leverage sits inside the fund. You get the geared exposure without posting collateral, and your downside stops at the money you put in.rexshares.com

Worth knowing

  1. 01The 2x resets every day. Over longer stretches compounding takes the wheel, and results can diverge sharply from twice the stock's move, especially in choppy markets.businesswire.com
  2. 02At 1.50% a year, it is priced above much of the 2x shelf: Direxion's GGLL and AAPU charge 0.96%, Leverage Shares' AMDG and ASMG 0.75%.
  3. 03Launched in November 2025 with a small asset base. Young, lightly held funds tend to carry wider spreads and more risk of being wound down than entrenched ones.

CIFU Holdings

As of Sep 20, 2026, 9:04 AM
Asset class
Stocks
Holdings
4
Top-10 weight
207%
Largest holding
CIPHER MINING INC SWAP CS105.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CIPHER MINING INC SWAP CS105.22%783,580$13M2
002—CIPHER MINING INC SWAP MAREX95.19%708,900$12M1
003—FIRST AMERICAN GOVERNMENT OBLI FIRST AM GOV OBLIG X6.13%773,433$773K625

Showing 1–3 of 3 holdings

CIFU Performance

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

CIFU$5,838
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. CIFU $5,838. SPY $11,430. Use the arrow keys to read each point.$2,378$11,983$21,588Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 CIFU. Periods over one year show the average yearly return.
PeriodCIFU
Year to date−41.6%
1 month+31.7%
3 months−71.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 CIFU
YearReturn barCIFU
2026 YTD−41.6%
2025−6.7%

Since listing, Nov 21, 2025

CIFU in the news

ETF.net Research hasn’t filed on CIFU yet — coverage lands here as it’s written.

CIFU 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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

CIFU Risk

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.
—
Launched Nov 2025; fills in after 12 months
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.
—
Launched Nov 2025; fills in after 12 months
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.
—
Launched Nov 2025; fills in after 12 months
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.
8.41
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.

CIFU Cost

Expense ratio1.50%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

275 of the 329 Single-Stock Long Leveraged funds charge less.

CIFU costs $150.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.