REX Shares and Tuttle Capital Management have launched the T-REX 2X Long AXTI Daily Target ETF (Cboe: AXTU), a leveraged ETF that delivers 2x daily exposure to AXT, Inc.’s performance.
This gives traders a powerful way to tap into AXT, a global materials science leader powering advanced semiconductors and optoelectronics.
AXT designs and manufactures high-performance compound semiconductor substrates like indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge).
These wafers are critical for fiber optic and 5G communications, data center connectivity, LEDs, lasers, photonic integrated circuits, lidar, and advanced sensing.
Headquartered in Fremont, California, with manufacturing in Beijing, China, AXT sits at the foundation of next-gen tech infrastructure.
The AXTU launch grows the T-REX ETF family to over 40 leveraged and inverse single-stock ETFs including first-to-market 2x products on Robinhood (ROBN), Nvidia (NVDX), and Tesla (TSLT).
Leadership Comments
“Traders are constantly looking for ways to take focused positions in companies tied to major market themes,” said Scott Acheychek, COO of REX. “With AXTU, we are expanding the T-REX lineup with a fund linked to the specialty materials powering next-generation semiconductors, photonics, and AI-driven data infrastructure.”
“AXTI is an actively traded name with exposure to some of the most important trends in semiconductors — the kind of profile the T-REX suite was built around,” said Matt Tuttle, CEO and CIO of Tuttle Capital Management. “AXTU is designed to give traders a tool to express a 2x daily long view when they have conviction.”
For full fund information, holdings, and risk disclosures, CLICK HERE
