KTUP vs. BKNU

Last updated Jun 24, 2026

KTUP (T-Rex 2X Long KTOS Daily Target ETF) and BKNU (T-Rex 2X Long BKNG Daily Target ETF) are both Leveraged Equities funds from Tuttle Capital Management. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

KTUP vs. BKNU - Performance Comparison

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

Returns By Period

KTUP

• 1D: -1.16%
• 1M: -23.79%
• YTD: -70.54%
• 6M: -74.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKNU

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

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

KTUP vs. BKNU - Yearly Performance Comparison

	2026 (YTD)	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	-70.54%	-18.79%
BKNU T-Rex 2X Long BKNG Daily Target ETF	-39.53%	-13.81%

Correlation

The correlation between KTUP and BKNU is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.01

Return for Risk

KTUP vs. BKNU - Risk-Adjusted Trends Comparison

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

	KTUP	BKNU	Difference
Max Drawdown Largest peak-to-trough decline	-89.57%	—	—
Current Drawdown Current decline from peak	-89.57%	—	—
Average Drawdown Average peak-to-trough decline	-53.18%	—	—

Volatility

Volatility by Period

	KTUP	BKNU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	152.80%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	152.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	152.80%	—	—

KTUP vs. BKNU - Expense Ratio Comparison

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

Dividends

KTUP vs. BKNU - Dividend Comparison

KTUP's dividend yield for the trailing twelve months is around 7.23%, while BKNU has not paid dividends to shareholders.

Position	TTM	2025
BKNU T-Rex 2X Long BKNG Daily Target ETF	0.00%	0.00%
KTUP T-Rex 2X Long KTOS Daily Target ETF	7.23%	2.13%

Frequently Asked Questions

Can I hold both KTUP and BKNU in my portfolio?

KTUP and BKNU have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KTUP or BKNU?

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, KTUP or BKNU?

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

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

KTUP has the higher dividend yield at 7.23%, compared with 0.00% for BKNU.