TTDU vs. SMUP

Last updated Jul 11, 2026

TTDU (T-REX 2X Long TTD Daily Target ETF) and SMUP (T-REX 2X Long SMR Daily Target ETF) are both Leveraged Equities funds from T-Rex. Both are actively managed. At a 0.14 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

TTDU vs. SMUP - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with TTDU having a -80.62% return and SMUP slightly higher at -77.45%.

TTDU

• 1D: -2.51%
• 1M: -0.32%
• 6M: -79.74%
• YTD: -80.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMUP

• 1D: -0.75%
• 1M: -21.61%
• 6M: -88.72%
• YTD: -77.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTDU vs. SMUP - Yearly Performance Comparison

	2026 (YTD)	2025
TTDU T-REX 2X Long TTD Daily Target ETF	-80.62%	-36.72%
SMUP T-REX 2X Long SMR Daily Target ETF	-77.45%	-90.59%

Correlation

The correlation between TTDU and SMUP is 0.14, 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 Sep 17, 2025	0.14

Return for Risk

TTDU vs. SMUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long TTD Daily Target ETF (TTDU) and T-REX 2X Long SMR Daily Target ETF (SMUP). 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

TTDU vs. SMUP - Drawdown Comparison

The maximum TTDU drawdown since its inception was -92.95%, smaller than the maximum SMUP drawdown of -99.09%. Use the drawdown chart below to compare losses from any high point for TTDU and SMUP.

Drawdown Indicators

	TTDU	SMUP	Difference
Max Drawdown Largest peak-to-trough decline	-92.95%	-99.09%	+6.14%
Current Drawdown Current decline from peak	-91.27%	-99.03%	+7.76%
Average Drawdown Average peak-to-trough decline	-62.90%	-80.87%	+17.97%

Volatility

Volatility by Period

	TTDU	SMUP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	105.30%	200.07%	-94.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.30%	200.07%	-94.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.30%	200.07%	-94.77%

TTDU vs. SMUP - Expense Ratio Comparison

Both TTDU and SMUP have an expense ratio of 1.50%.

Dividends

TTDU vs. SMUP - Dividend Comparison

TTDU has not paid dividends to shareholders, while SMUP's dividend yield for the trailing twelve months is around 100.16%.

Position	TTM	2025
SMUP T-REX 2X Long SMR Daily Target ETF	100.16%	22.59%
TTDU T-REX 2X Long TTD Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTDU and SMUP in my portfolio?

TTDU and SMUP have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTDU or SMUP?

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, TTDU or SMUP?

TTDU and SMUP have the same expense ratio: 1.50% per year.

Which ETF pays a higher dividend yield, TTDU or SMUP?

SMUP has the higher dividend yield at 100.16%, compared with 0.00% for TTDU.