NFLU vs. ETU

Last updated Jun 5, 2026

NFLU (T-REX 2X Long Netflix Daily Target ETF) and ETU (T-Rex 2X Long Ether Daily Target ETF) are both exchange-traded funds - NFLU is a Leveraged Equities fund actively managed by REX Shares, while ETU is a Leveraged Cryptocurrency fund actively managed by REX Shares. Both are actively managed. Over the past year, NFLU returned -65.71% vs -75.01% for ETU. At a 0.18 correlation, their price movements are largely independent. NFLU charges 1.05%/yr vs 0.95%/yr for ETU.

Performance

NFLU vs. ETU - Performance Comparison

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

Returns By Period

In the year-to-date period, NFLU achieves a -32.09% return, which is significantly higher than ETU's -71.31% return.

NFLU

• 1D: 0.36%
• 1M: -15.11%
• YTD: -32.09%
• 6M: -44.93%
• 1Y: -65.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETU

• 1D: -11.73%
• 1M: -43.21%
• YTD: -71.31%
• 6M: -75.33%
• 1Y: -75.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLU vs. ETU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NFLU T-REX 2X Long Netflix Daily Target ETF	-32.09%	-12.47%	34.91%
ETU T-Rex 2X Long Ether Daily Target ETF	-71.31%	-62.44%	50.47%

Correlation

The correlation between NFLU and ETU is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	0.18

Return for Risk

NFLU vs. ETU — Risk / Return Rank

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

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 1
NFLU Omega Ratio Rank: 1
NFLU Calmar Ratio Rank: 1
NFLU Martin Ratio Rank: 2

ETU

ETU Risk / Return Rank: 4
ETU Sharpe Ratio Rank: 4
ETU Sortino Ratio Rank: 5
ETU Omega Ratio Rank: 5
ETU Calmar Ratio Rank: 2
ETU Martin Ratio Rank: 3

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.

NFLU vs. ETU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Netflix Daily Target ETF (NFLU) and T-Rex 2X Long Ether Daily Target ETF (ETU). 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.

	NFLU	ETU	Difference
Sharpe ratio: Return per unit of total volatility	-0.99	-0.55	-0.44
Sortino ratio: Return per unit of downside risk	-1.69	-0.48	-1.21
Omega ratio: Gain probability vs. loss probability	0.79	0.95	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.91	-0.82	-0.09
Martin ratio: Return relative to average drawdown	-1.41	-1.21	-0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFLU vs. ETU - Sharpe Ratio Comparison

The current NFLU Sharpe Ratio is -0.99, which is lower than the ETU Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of NFLU and ETU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NFLU	ETU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.99	-0.55	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	-0.47	+0.37

Drawdowns

NFLU vs. ETU - Drawdown Comparison

The maximum NFLU drawdown since its inception was -72.10%, smaller than the maximum ETU drawdown of -93.02%. Use the drawdown chart below to compare losses from any high point for NFLU and ETU.

Drawdown Indicators

	NFLU	ETU	Difference
Max Drawdown Largest peak-to-trough decline	-72.10%	-93.02%	+20.92%
Max Drawdown (1Y) Largest decline over 1 year	-72.10%	-91.48%	+19.38%
Current Drawdown Current decline from peak	-70.35%	-93.02%	+22.67%
Average Drawdown Average peak-to-trough decline	-28.02%	-62.40%	+34.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.49%	62.07%	-15.58%

Volatility

NFLU vs. ETU - Volatility Comparison

The current volatility for T-REX 2X Long Netflix Daily Target ETF (NFLU) is 13.19%, while T-Rex 2X Long Ether Daily Target ETF (ETU) has a volatility of 20.58%. This indicates that NFLU experiences smaller price fluctuations and is considered to be less risky than ETU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLU	ETU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.19%	20.58%	-7.39%
Volatility (6M) Calculated over the trailing 6-month period	51.31%	92.66%	-41.35%
Volatility (1Y) Calculated over the trailing 1-year period	66.63%	136.54%	-69.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.10%	145.94%	-76.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.10%	145.94%	-76.84%

NFLU vs. ETU - Expense Ratio Comparison

NFLU has a 1.05% expense ratio, which is higher than ETU's 0.95% expense ratio.

Dividends

NFLU vs. ETU - Dividend Comparison

NFLU has not paid dividends to shareholders, while ETU's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024
ETU T-Rex 2X Long Ether Daily Target ETF	0.01%	0.00%	0.05%
NFLU T-REX 2X Long Netflix Daily Target ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NFLU and ETU in my portfolio?

NFLU and ETU 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 is riskier, NFLU or ETU?

ETU has higher volatility (20.58%) compared to NFLU (13.19%). In terms of maximum drawdown, NFLU dropped -72.10% vs ETU's -93.02%.

Which ETF is better, NFLU or ETU?

On 1-year performance, NFLU leads with -65.71% vs -75.01% for ETU. On fees, ETU is cheaper at 0.95% per year. On volatility, NFLU has been the lower-risk option at 13.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLU or ETU?

Over the 1-year period, NFLU has performed better with a -65.71% return vs -75.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLU or ETU?

ETU is cheaper with a 0.95% expense ratio, compared with 1.05% for NFLU.

Which ETF pays a higher dividend yield, NFLU or ETU?

ETU has the higher dividend yield at 0.01%, compared with 0.00% for NFLU.

What is the main difference between NFLU and ETU?

NFLU is categorized as Leveraged Equities, while ETU is Leveraged Cryptocurrency. Their fees differ too: 1.05% for NFLU and 0.95% for ETU.

Which has better risk-adjusted returns?

ETU currently has the higher Sharpe Ratio (-0.55 vs -0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.