SNDU vs. GMEU

Last updated Aug 1, 2026

SNDU (T-REX 2X Long SNDK Daily Target ETF) and GMEU (T-Rex 2X Long GME Daily Target ETF) are both Leveraged Equities funds from T-Rex. SNDU is passively managed, while GMEU is actively managed. Their 0.09 correlation means their historical movements had little consistent relationship. Both charge a 1.50% expense ratio.

Performance

SNDU vs. GMEU - Performance Comparison

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

Returns By Period

SNDU

• 1D: -10.85%
• 1M: -61.63%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GMEU

• 1D: -1.64%
• 1M: -11.89%
• 6M: -34.35%
• YTD: -10.68%
• 1Y: -38.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -61.04%

*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)
GMEU T-Rex 2X Long GME Daily Target ETF	$3.41M	$2.21M	$2.51M
SNDU T-REX 2X Long SNDK Daily Target ETF	$315.28M	$272.09M	$168.36M

SNDU vs. GMEU - Yearly Performance Comparison

	2026 (YTD)
SNDU T-REX 2X Long SNDK Daily Target ETF	83.06%
GMEU T-Rex 2X Long GME Daily Target ETF	-33.79%

Correlation

The correlation between SNDU and GMEU is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.09

Return for Risk

SNDU vs. GMEU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SNDU

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

GMEU

GMEU Risk / Return Rank: 5
GMEU Sharpe Ratio Rank: 4
GMEU Sortino Ratio Rank: 5
GMEU Omega Ratio Rank: 5
GMEU Calmar Ratio Rank: 4
GMEU Martin Ratio Rank: 4

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SNDU vs. GMEU - Risk-Adjusted Trends Comparison

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

	SNDU	GMEU	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.58	—
Sortino ratio: Return per unit of downside risk	—	-0.57	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.69	—
Martin ratio: Return relative to average drawdown	—	-1.01	—

Drawdowns

SNDU vs. GMEU - Drawdown Comparison

The maximum SNDU drawdown since its inception was -85.50%, which is greater than GMEU's maximum drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for SNDU and GMEU.

Drawdown Indicators

	SNDU	GMEU	Difference
Max Drawdown Largest peak-to-trough decline	-85.50%	-81.07%	-4.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-59.59%	—
Current Drawdown Current decline from peak	-80.30%	-80.20%	-0.10%
Average Drawdown Average peak-to-trough decline	-22.19%	-65.03%	+42.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	40.57%	—

Volatility

Volatility by Period

	SNDU	GMEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	53.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	249.45%	70.63%	+178.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	249.45%	85.59%	+163.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	249.45%	85.59%	+163.86%

SNDU vs. GMEU - Expense Ratio Comparison

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

Dividends

SNDU vs. GMEU - Dividend Comparison

Neither SNDU nor GMEU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNDU and GMEU in my portfolio?

SNDU and GMEU have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNDU or GMEU?

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, SNDU or GMEU?

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

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

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