SBTU vs. KTUP

Last updated Aug 1, 2026

SBTU (T-Rex 2X Long SBET Daily Target ETF) and KTUP (T-Rex 2X Long KTOS Daily Target ETF) are both Leveraged Equities funds from Tuttle. Both are actively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. Both charge a 1.50% expense ratio.

Performance

SBTU vs. KTUP - 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 KTOS Daily Target ETF (KTUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBTU achieves a -69.86% return, which is significantly higher than KTUP's -77.12% return.

SBTU

• 1D: -8.98%
• 1M: 26.26%
• 6M: -67.28%
• YTD: -69.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

KTUP

• 1D: 2.12%
• 1M: -32.87%
• 6M: -86.56%
• YTD: -77.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KTUP T-Rex 2X Long KTOS Daily Target ETF	$739.10K	$1.10M	$2.70M
SBTU T-Rex 2X Long SBET Daily Target ETF	$386.92K	$328.60K	$306.82K

SBTU vs. KTUP - Yearly Performance Comparison

	2026 (YTD)	2025
SBTU T-Rex 2X Long SBET Daily Target ETF	-69.86%	-67.09%
KTUP T-Rex 2X Long KTOS Daily Target ETF	-77.12%	-33.29%

Correlation

The correlation between SBTU and KTUP is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025	0.51

Return for Risk

SBTU vs. KTUP - 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 KTOS Daily Target ETF (KTUP). 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

SBTU vs. KTUP - Drawdown Comparison

The maximum SBTU drawdown since its inception was -94.22%, roughly equal to the maximum KTUP drawdown of -92.77%. Use the drawdown chart below to compare losses from any high point for SBTU and KTUP.

Drawdown Indicators

	SBTU	KTUP	Difference
Max Drawdown Largest peak-to-trough decline	-94.22%	-92.77%	-1.45%
Current Drawdown Current decline from peak	-90.16%	-91.90%	+1.74%
Average Drawdown Average peak-to-trough decline	-72.88%	-57.80%	-15.08%

Volatility

Volatility by Period

	SBTU	KTUP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	159.88%	150.73%	+9.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.88%	150.73%	+9.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.88%	150.73%	+9.15%

SBTU vs. KTUP - Expense Ratio Comparison

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

Dividends

SBTU vs. KTUP - Dividend Comparison

SBTU has not paid dividends to shareholders, while KTUP's dividend yield for the trailing twelve months is around 9.30%.

Position	TTM	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	9.30%	2.13%
SBTU T-Rex 2X Long SBET Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SBTU and KTUP in my portfolio?

SBTU and KTUP have a correlation of 0.51, 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 KTUP?

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 KTUP?

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

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

KTUP has the higher dividend yield at 9.30%, compared with 0.00% for SBTU.