T-REX 2X Long MSTR Daily Target ETF

Frequently Asked Questions About MSTU

What does MSTU invest in?

This fund aims to provide twice the daily return of MSTR (MicroStrategy Inc.) through investments in swap agreements. Under typical market conditions, at least 80% of its total assets, including any borrowed capital, will be dedicated to these agreements. MicroStrategy Inc. is known for developing enterprise analytics and mobility software. Investors should note that this fund is non-diversified.

What is the expense ratio of MSTU?

T-REX 2X Long MSTR Daily Target ETF (MSTU) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

Is MSTU a good long-term hold?

MSTU is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does MSTU's daily reset work?

MSTU rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is MSTU?

T-REX 2X Long MSTR Daily Target ETF (MSTU) manages $507.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MSTU actively managed or an index fund?

MSTU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.