T-Rex 2X Long Alphabet Daily Target ETF (GOOX)

The T-Rex 2X Long Alphabet Daily Target ETF (GOOX) is a leveraged single-stock fund from REX Shares and Tuttle Capital Management. It targets two times the daily percentage return of Alphabet Inc., the parent company of Google.

The fund obtains its exposure mainly through swap agreements and rebalances daily to maintain 2x leverage. Since the objective applies only to single-day returns, performance over longer periods can deviate significantly from twice Alphabet's return.

The ETF is listed on Cboe BZX and is designed for short-term trading.