SBTU vs. BKNU

Last updated Jun 23, 2026

SBTU (T-Rex 2X Long SBET 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 0.12 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

SBTU vs. BKNU - Performance Comparison

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

Returns By Period

SBTU

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

BKNU

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

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

SBTU vs. BKNU - Yearly Performance Comparison

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

Correlation

The correlation between SBTU and BKNU 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

SBTU vs. BKNU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long SBET Daily Target ETF (SBTU) 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

	SBTU	BKNU	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

	SBTU	BKNU	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%	—	—

SBTU vs. BKNU - Expense Ratio Comparison

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

Dividends

SBTU vs. BKNU - Dividend Comparison

Neither SBTU nor BKNU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SBTU and BKNU in my portfolio?

SBTU and BKNU 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, SBTU 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, SBTU or BKNU?

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

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

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