ARMU +2x T-REX 2X Long ARM Daily Target ETF

ARMU

ETF +2x BULL standard
T-REX 2X Long ARM Daily Target ETF
Issuer: T-Rex · Tracks: ARM · Listed: 2025-03-04
Implied AUM
$2.5M
Last Close
$14.00
20251231
30d Avg Vol
9,855
Options
available
Realized return vs theoretical +2x ARM
Other leveraged products tracking ARM
Symbol Factor Direction Issuer Name Implied AUM 30d Vol Options
ARMG +2x BULL Leverage Shares Leverage Shares 2X Long ARM Daily ETF $69.8M 1,457,912

How ARMU works

ARMU targets +2x the daily return of ARM — not the cumulative return over multi-day windows. The fund rebalances at the close each day using swaps or futures, which is what creates the volatility drag the chart above visualizes.

Mathematical headline: drag ≈ −0.5 × N × (N−1) × σ² per period. For a +2x product on an underlying with 25% annualized vol, expected annual drag is around 6.2%. Add expense ratio and the realized number is typically worse.

  • Short-term tactical: daily and intraday holds are where these products were designed to live.
  • Premium selling: options on ARMU carry very rich IV — see the quote page for IV rank and straddle pricing.
  • Multi-day directional: works in strong trends; gets eaten alive in chop. Use the chart above to gauge the realized vs theoretical track record.