What is the ISIN of T-REX 2X Long SNDK Daily Target ETF?

The ISIN of T-REX 2X Long SNDK Daily Target ETF is US26923W2153.

What does leveraged daily exposure mean for T-REX 2X Long SNDK Daily Target ETF?

T-REX 2X Long SNDK Daily Target ETF aims to deliver 2 times the daily return of SNDK (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect T-REX 2X Long SNDK Daily Target ETF?

Volatility decay (also called compounding drag) occurs because T-REX 2X Long SNDK Daily Target ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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T-REX 2X Long SNDK Daily Target ETF (SNDU) Price

T-REX 2X Long SNDK Daily Target ETF Price

— EUR

PRO

TER1.5 %

AUM6.06 M USD

IndexSandisk Corp. - USD - Benchmark Price Return

CurrencyUSD

Funds Launch3/12/2026

T-REX 2X Long SNDK Daily Target ETF Price

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Underlying

SNDK

SNDK2X Long Daily

SNDK

T-REX 2X Long SNDK Daily Target ETF provides 2X daily exposure to SNDK.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.