BKNU vs. AXUP

Last updated Jun 23, 2026

BKNU (T-Rex 2X Long BKNG Daily Target ETF) and AXUP (T-Rex 2X Long Axon Daily Target ETF) are both Leveraged Equities funds from Tuttle Capital Management. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

BKNU vs. AXUP - Performance Comparison

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

Returns By Period

BKNU

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

AXUP

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

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

BKNU vs. AXUP - Yearly Performance Comparison

	2026 (YTD)	2025
BKNU T-Rex 2X Long BKNG Daily Target ETF	-39.53%	-13.81%
AXUP T-Rex 2X Long Axon Daily Target ETF	-34.20%	-48.71%

Correlation

The correlation between BKNU and AXUP is 0.24, 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 17, 2025	0.24

Return for Risk

BKNU vs. AXUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long BKNG Daily Target ETF (BKNU) and T-Rex 2X Long Axon Daily Target ETF (AXUP). 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

Volatility

BKNU vs. AXUP - Expense Ratio Comparison

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

Dividends

BKNU vs. AXUP - Dividend Comparison

Neither BKNU nor AXUP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BKNU and AXUP in my portfolio?

BKNU and AXUP have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKNU or AXUP?

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, BKNU or AXUP?

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

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

BKNU and AXUP have nearly identical dividend yields, around 0.00%.