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T-REX 2X Inverse CRCL Daily Target ETF (CRCD)

Trading--Inverse Equity | Exchange Traded Fund | Cboe US
6.59 USD +0.58 (9.651%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 6.71 +0.12 (1.821%) ⇧ (July 13, 2026, 7:57 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:28 a.m. EDT

This instrument is a leveraged inverse ETF designed to profit from the decline of the CRCL index, which has suffered a catastrophic collapse from roughly $73 to under $7 in the last year. The massive gap between the fifty-two-week high and low illustrates the extreme volatility and the 'beta decay' inherent in holding leveraged products during a prolonged downtrend. While the recent price action shows a recovery from the lows, the underlying asset remains deeply depressed. The options market reflects this tension: traders are buying cheap puts to protect against further index declines while holding calls that are priced for a modest bounce, not a full reversal. For a long-term investor, this is a speculative vehicle for a specific market crash scenario, not a stable investment. The lack of dividends and the reliance on daily rebalancing make it unsuitable for buy-and-hold strategies.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.378376
AutoETS0.402046
MSTL0.403746
AutoARIMA0.407263

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 31%
H-stat 0.05
Ljung-Box p 0.000
Jarque-Bera p 0.231
Excess Kurtosis -1.25

As of July 11, 2026, 4:28 a.m. EDT: Speculators are positioning for continued volatility with heavy out-of-the-money put open interest at strikes significantly below the current price (e.g., $30, $60), suggesting a hedge against a sharp drop in the underlying index. Conversely, call activity is concentrated near the money and slightly out-of-the-money, indicating traders are betting on the inverse fund's ability to recover from its massive drawdown rather than a massive rally. The lack of deep in-the-money call volume suggests skepticism about a rapid rebound to previous highs.


Info Dump

Attribute Value
All Time High 73.12
All Time Low 1.935
Ask 6.66
Ask Size 1,900
Average Daily Volume10 Day 2,075,260
Average Daily Volume3 Month 5,247,237
Average Volume 5,247,237
Average Volume10Days 2,075,260
Beta3 Year 0.0
Bid 6.71
Bid Size 4,400
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.7
Day Low 6.055
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.4208
Fifty Day Average Change 2.1692
Fifty Day Average Change Percent 0.4906804
Fifty Two Week Change Percent -74.954155
Fifty Two Week High 73.12
Fifty Two Week High Change -66.53
Fifty Two Week High Change Percent -0.90987414
Fifty Two Week Low 1.935
Fifty Two Week Low Change 4.655
Fifty Two Week Low Change Percent 2.405685
Fifty Two Week Range 1.935 - 73.12
First Trade Date Milliseconds 1,758,893,400,000
Full Exchange Name Cboe US
Fund Family Rex
Fund Inception Date 1,758,758,400
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% inverse (opposite) exposure to the price performance of CRCL on a daily basis. The fund is non-diversified.
Long Name T-REX 2X Inverse CRCL Daily Target ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1956884127
Nav Price 6.7017
Net Assets 8,550,596.0
Net Expense Ratio 1.5
Open 6.43
Post Market Change 0.119999886
Post Market Change Percent 1.8209391
Post Market Price 6.71
Post Market Time 1,783,987,076
Previous Close 6.01
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.58
Regular Market Change Percent 9.65058
Regular Market Day High 6.7
Regular Market Day Low 6.055
Regular Market Day Range 6.055 - 6.7
Regular Market Open 6.43
Regular Market Previous Close 6.01
Regular Market Price 6.59
Regular Market Time 1,783,972,800
Regular Market Volume 816,491
Short Name T-REX 2X Inverse CRCL Daily Tar
Source Interval 15
Symbol CRCD
Total Assets 8,550,596
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.73918
Trailing Three Month Returns 2.73918
Triggerable 1
Two Hundred Day Average 20.38302
Two Hundred Day Average Change -13.79302
Two Hundred Day Average Change Percent -0.67669165
Type Disp ETF
Volume 816,491
Ytd Return -79.61985