BMNU vs. BMNR

Last updated Jun 3, 2026

BMNU (T-REX 2X Long BMNR Daily Target ETF) is Leveraged Equities fund actively managed by REX, while BMNR (Bitmine Immersion Technologies Inc) is a stock. With a 1.00 correlation, they move nearly in lockstep.

Performance

BMNU vs. BMNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long BMNR Daily Target ETF (BMNU) and Bitmine Immersion Technologies Inc (BMNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMNU achieves a -72.70% return, which is significantly lower than BMNR's -33.81% return.

BMNU

• 1D: -8.74%
• 1M: -36.19%
• YTD: -72.70%
• 6M: -82.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNR

• 1D: -4.67%
• 1M: -17.87%
• YTD: -33.81%
• 6M: -43.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMNU vs. BMNR - Yearly Performance Comparison

	2026 (YTD)	2025
BMNU T-REX 2X Long BMNR Daily Target ETF	-72.70%	-81.57%
BMNR Bitmine Immersion Technologies Inc	-33.81%	-46.22%

Correlation

The correlation between BMNU and BMNR is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	1.00

Return for Risk

BMNU vs. BMNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long BMNR Daily Target ETF (BMNU) and Bitmine Immersion Technologies Inc (BMNR). 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.

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

Sharpe Ratios by Period

	BMNU	BMNR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	0.19	-0.72

Drawdowns

BMNU vs. BMNR - Drawdown Comparison

The maximum BMNU drawdown since its inception was -96.67%, which is greater than BMNR's maximum drawdown of -87.11%. Use the drawdown chart below to compare losses from any high point for BMNU and BMNR.

Drawdown Indicators

	BMNU	BMNR	Difference
Max Drawdown Largest peak-to-trough decline	-96.67%	-87.11%	-9.56%
Current Drawdown Current decline from peak	-96.67%	-86.68%	-9.99%
Average Drawdown Average peak-to-trough decline	-79.59%	-70.58%	-9.01%

Volatility

Volatility by Period

	BMNU	BMNR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	187.73%	723.26%	-535.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	187.73%	723.26%	-535.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	187.73%	723.26%	-535.53%

Dividends

BMNU vs. BMNR - Dividend Comparison

BMNU has not paid dividends to shareholders, while BMNR's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025
BMNR Bitmine Immersion Technologies Inc	0.06%	0.04%
BMNU T-REX 2X Long BMNR Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BMNU and BMNR in my portfolio?

With a correlation of 1.00, BMNU and BMNR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.