T-REX 2X Long AXTI Daily Target ETF (AXTU) is an exchange-traded fund in the Trading Leveraged Equity category. It has $14.85M in assets and an expense ratio of 1.50%. 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 AXTI on a daily basis. It is non-diversified.