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T-Rex 2X Long Apple Daily Target ETF (AAPX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
32.42 USD -0.93 (-2.777%) ⇩ (June 12, 2026, 3:35 p.m. EDT)
After hours: 32.61 +0.19 (0.579%) ⇧ (June 12, 2026, 7:44 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take | June 7, 2026, 1:23 a.m. EDT

This instrument is a dangerous trap for investors seeking long-term exposure to Apple. As a leveraged daily product, it suffers from severe compounding decay; the fund has lost nearly 28% of its value in just one year despite Apple likely being a strong performer, illustrating the mathematical destruction inherent in holding such vehicles beyond a single day. The recent price action shows a modest recovery, trading above its 50-day average, which offers a fleeting sense of technical resilience, but this is merely a temporary bounce in a secular downtrend for the ETF itself. The options market confirms this pessimism, with traders aggressively buying deep out-of-the-money puts to hedge against further leverage-induced collapse. There is no dividend to cushion the blow, and the structure guarantees that any volatility in the underlying stock will erode the ETF's capital faster than it can grow. Avoid this entirely for anything other than a same-day tactical trade.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_60_120 ✓0.084392
MSTL_1200.085632
AutoTheta0.135650
AutoARIMA0.135964
AutoETS0.135964
MSTL0.137767
MSTL_600.141133

Forecast horizon: 60 days | Selected: MSTL_60_120

Forecast Reliability
Score 40%
H-stat 5.17
Ljung-Box p 0.000
Jarque-Bera p 0.150
Excess Kurtosis -1.19
Attribute Value
Trailing P/E 29.65

As of June 7, 2026, 1:23 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest relative to calls, creating a 'bear put' skew. While there is some call volume near the current price, the overwhelming majority of option interest sits far below the current level, suggesting a fear of a significant drop to the $20-$25 range within the next few months.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.66% 0.66%
Dividend History
Date Dividend Yield %
2025-12-24 0.203 0.657171
2024-12-24 6.926 20.127870
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 40.44
All Time Low 13.719
Ask 32.5
Ask Size 600
Average Daily Volume10 Day 42,320
Average Daily Volume3 Month 101,806
Average Volume 101,806
Average Volume10Days 42,320
Beta3 Year 0.0
Bid 32.34
Bid Size 700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 33.31
Day Low 32.105
Dividend Yield 0.0
Eps Trailing Twelve Months 1.0936565
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.80096
Fifty Day Average Change 0.6213379
Fifty Day Average Change Percent 0.019538337
Fifty Two Week Change Percent 81.8396
Fifty Two Week High 38.62
Fifty Two Week High Change -6.1977005
Fifty Two Week High Change Percent -0.16047904
Fifty Two Week Low 17.22
Fifty Two Week Low Change 15.202299
Fifty Two Week Low Change Percent 0.8828281
Fifty Two Week Range 17.22 - 38.62
First Trade Date Milliseconds 1,704,983,400,000
Full Exchange Name Cboe US
Fund Family Rex
Fund Inception Date 1,704,844,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of AAPL on a daily basis. The fund is non-diversified.
Long Name T-Rex 2X Long Apple Daily Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1860883526
Nav Price 33.45
Net Assets 13,137,021.0
Net Expense Ratio 1.05
Open 33.27
Post Market Change 0.18770218
Post Market Change Percent 0.5789293
Post Market Price 32.61
Post Market Time 1,781,307,894
Previous Close 33.3483
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.926003
Regular Market Change Percent -2.77676
Regular Market Day High 33.31
Regular Market Day Low 32.105
Regular Market Day Range 32.105 - 33.31
Regular Market Open 33.27
Regular Market Previous Close 33.3483
Regular Market Price 32.4223
Regular Market Time 1,781,292,903
Regular Market Volume 23,915
Short Name T-Rex 2X Long Apple Daily Targe
Source Interval 15
Symbol AAPX
Total Assets 13,137,021
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 29.645777
Trailing Peg Ratio None
Trailing Three Month Nav Returns 34.22747
Trailing Three Month Returns 34.22747
Triggerable 1
Two Hundred Day Average 29.27264
Two Hundred Day Average Change 3.1496582
Two Hundred Day Average Change Percent 0.107597336
Type Disp ETF
Volume 23,915
Yield 0.0
Ytd Return 23.29172