SPAX – T-REX 2X Long SPCX Daily Target ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of SpaceX. The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of SpaceX on a daily basis. The fund manager will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease of the value of SpaceX. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPAX	T-REX 2X Long SPCX Daily Target ETF	ETF	Open	—	—	Jun 12, 2026	$45.71M	1.500%	—	—	—

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