GMEU vs. SNDU

Last updated Jun 23, 2026

GMEU (T-Rex 2X Long GME Daily Target ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both Leveraged Equities funds from T-Rex. GMEU is actively managed, while SNDU is passively managed. At a 0.25 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

GMEU vs. SNDU - Performance Comparison

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

Returns By Period

GMEU

• 1D: -2.77%
• 1M: -9.61%
• YTD: -11.48%
• 6M: -25.00%
• 1Y: -48.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDU

• 1D: 8.69%
• 1M: 118.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GMEU vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
GMEU T-Rex 2X Long GME Daily Target ETF	-34.38%
SNDU T-REX 2X Long SNDK Daily Target ETF	829.05%

Correlation

The correlation between GMEU and SNDU is 0.25, 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 Mar 12, 2026	0.25

Return for Risk

GMEU vs. SNDU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMEU

GMEU Risk / Return Rank: 3
GMEU Sharpe Ratio Rank: 3
GMEU Sortino Ratio Rank: 4
GMEU Omega Ratio Rank: 4
GMEU Calmar Ratio Rank: 2
GMEU Martin Ratio Rank: 2

SNDU

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GMEU vs. SNDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long GME Daily Target ETF (GMEU) and T-REX 2X Long SNDK Daily Target ETF (SNDU). 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.

	GMEU	SNDU	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	—	—
Sortino ratio: Return per unit of downside risk	-0.84	—	—
Omega ratio: Gain probability vs. loss probability	0.91	—	—
Calmar ratio: Return relative to maximum drawdown	-0.84	—	—
Martin ratio: Return relative to average drawdown	-1.34	—	—

Drawdowns

GMEU vs. SNDU - Drawdown Comparison

The maximum GMEU drawdown since its inception was -80.43%, which is greater than SNDU's maximum drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for GMEU and SNDU.

Drawdown Indicators

	GMEU	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-80.43%	-46.69%	-33.74%
Max Drawdown (1Y) Largest decline over 1 year	-58.23%	—	—
Current Drawdown Current decline from peak	-80.38%	0.00%	-80.38%
Average Drawdown Average peak-to-trough decline	-63.63%	-10.20%	-53.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.62%	—	—

Volatility

Volatility by Period

	GMEU	SNDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	71.31%	192.24%	-120.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.26%	192.24%	-103.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.26%	192.24%	-103.98%

GMEU vs. SNDU - Expense Ratio Comparison

Both GMEU and SNDU have an expense ratio of 1.50%.

Dividends

GMEU vs. SNDU - Dividend Comparison

Neither GMEU nor SNDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GMEU and SNDU in my portfolio?

GMEU and SNDU have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMEU or SNDU?

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, GMEU or SNDU?

GMEU and SNDU have the same expense ratio: 1.50% per year.

Which ETF pays a higher dividend yield, GMEU or SNDU?

GMEU and SNDU have nearly identical dividend yields, around 0.00%.