AXUP vs. KTUP

Last updated Jun 23, 2026

AXUP (T-Rex 2X Long Axon Daily Target ETF) and KTUP (T-Rex 2X Long KTOS Daily Target ETF) are both Leveraged Equities funds from Tuttle Capital Management. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

AXUP vs. KTUP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Axon Daily Target ETF (AXUP) and T-Rex 2X Long KTOS Daily Target ETF (KTUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AXUP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KTUP

• 1D: -11.67%
• 1M: -22.89%
• YTD: -70.20%
• 6M: -74.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXUP vs. KTUP - Yearly Performance Comparison

	2026 (YTD)	2025
AXUP T-Rex 2X Long Axon Daily Target ETF	-34.20%	-49.67%
KTUP T-Rex 2X Long KTOS Daily Target ETF	-70.20%	-8.74%

Correlation

The correlation between AXUP and KTUP is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.36

Return for Risk

AXUP vs. KTUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Axon Daily Target ETF (AXUP) and T-Rex 2X Long KTOS Daily Target ETF (KTUP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	AXUP	KTUP	Difference
Max Drawdown Largest peak-to-trough decline	—	-89.45%	—
Current Drawdown Current decline from peak	—	-89.45%	—
Average Drawdown Average peak-to-trough decline	—	-52.99%	—

Volatility

Volatility by Period

	AXUP	KTUP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	153.20%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	153.20%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	153.20%	—

AXUP vs. KTUP - Expense Ratio Comparison

Both AXUP and KTUP have an expense ratio of 1.50%.

Dividends

AXUP vs. KTUP - Dividend Comparison

AXUP has not paid dividends to shareholders, while KTUP's dividend yield for the trailing twelve months is around 7.14%.

Position	TTM	2025
AXUP T-Rex 2X Long Axon Daily Target ETF	0.00%	0.00%
KTUP T-Rex 2X Long KTOS Daily Target ETF	7.14%	2.13%

Frequently Asked Questions

Can I hold both AXUP and KTUP in my portfolio?

AXUP and KTUP have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AXUP or KTUP?

Both ETFs have the same 1.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AXUP or KTUP?

AXUP and KTUP have the same expense ratio: 1.50% per year.

Which ETF pays a higher dividend yield, AXUP or KTUP?

KTUP has the higher dividend yield at 7.14%, compared with 0.00% for AXUP.