BKNU vs. SBTU

Last updated Jun 23, 2026

BKNU (T-Rex 2X Long BKNG Daily Target ETF) and SBTU (T-Rex 2X Long SBET Daily Target ETF) are both Leveraged Equities funds from Tuttle Capital Management. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

BKNU vs. SBTU - 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 SBET Daily Target ETF (SBTU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKNU

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

SBTU

• 1D: 0.00%
• 1M: -30.51%
• YTD: -75.55%
• 6M: -78.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKNU vs. SBTU - Yearly Performance Comparison

	2026 (YTD)	2025
BKNU T-Rex 2X Long BKNG Daily Target ETF	-39.53%	3.83%
SBTU T-Rex 2X Long SBET Daily Target ETF	-75.55%	-67.09%

Correlation

The correlation between BKNU and SBTU is 0.12, 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 Oct 21, 2025	0.12

Return for Risk

BKNU vs. SBTU - 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 SBET Daily Target ETF (SBTU). 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

	BKNU	SBTU	Difference
Max Drawdown Largest peak-to-trough decline	—	-92.38%	—
Current Drawdown Current decline from peak	—	-92.02%	—
Average Drawdown Average peak-to-trough decline	—	-69.79%	—

Volatility

Volatility by Period

	BKNU	SBTU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	160.23%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	160.23%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	160.23%	—

BKNU vs. SBTU - Expense Ratio Comparison

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

Dividends

BKNU vs. SBTU - Dividend Comparison

Neither BKNU nor SBTU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BKNU and SBTU in my portfolio?

BKNU and SBTU have a correlation of 0.12, 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 SBTU?

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 SBTU?

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

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

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