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SNDU

GradeCChicago Board Options Exchange

T-REX 2X Long SNDK Daily Target ETF

Leveraged · Single-Stock Leveraged · Rexshares · Inception 2026-03-12 · SEC filings

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.

$28.34−2.35 (−7.66%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Mar 12, 2026.History starts Mar 12, 2026.
Intraday session: down, 69 prints from 30.69 to 28.34. Range 28.25 to 30.78. Use the arrow keys to read each point.$28.00$29.00$30.00$31.0010 AM12 PM2 PM4 PM
Expense ratio
1.50%
Fund size
$325M
1Y return
—
Yield · Last 12 months
—
Holdings
7
Volume · 30D
6.9M sh
NAV per share
$27.00
52W range
low $5.72high $79.00

The ETF.net SNDU Grade

C

44/ 100

Rank 107 of 380 in Single-Stock Long Leveraged⁠

Confidence Medium

Six-pillar profile for SNDU. Scores out of 100: Cost 13, Risk 48, Mission not scored, Tradability 97, Holdings not scored, Durability 67. Strongest: Tradability (97). Weakest: Cost (13). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 44 of 100 sits in the C 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 rank346/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank138/285 · top 48%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 97
    Category rank2/380 · top 1%

  • 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 67
    Category rank77/380 · top 20%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

SNDU Holdings

As of Sep 20, 2026, 9:04 AM
Asset class
Stocks
Holdings
7
Top-10 weight
207%
Largest holding
SANDISK CORPORATION-SWAP-RIPL-L69.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SANDISK CORPORATION-SWAP-RIPL-L69.75%117,212$189M2
002—SANDISK CORP SWAP CLEAR STREET62.23%104,576$169M1
003—SANDISK CORPORATION-SWAP-HSBC-L45.34%76,198$123M1
004—SANDISK CORP SWAP CANTOR20.16%33,885$55M1
005—FIRST AMERICAN GOVERNMENT OBLI FIRST AM GOV OBLIG X7.14%19,376,171$19M625
006—SANDISK CORPORATION-SWAP-JNST-L2.87%4,822$8M1

Showing 1–6 of 6 holdings

SNDU Performance

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

SNDU$4,136
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. SNDU $4,136. SPY $10,415. Use the arrow keys to read each point.$730$5,950$11,170Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 SNDU. Periods over one year show the average yearly return.
PeriodSNDU
Year to dateFund launched this year—
1 month+31.9%
3 months−58.6%
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 SNDU
YearReturn barSNDU
2026 YTD+310.8%

Since listing, Mar 12, 2026

SNDU in the news

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

SNDU 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 Mar 2026. No distributions yet.

SNDU 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 Mar 2026; 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 Mar 2026; 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 Mar 2026; 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.
17.10
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.

SNDU 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.

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