REX Shares Launches T-REX 2X PAAS (PAAU) & 2X SNDK (SNDU) ETFs

Key Terms

leveraged etfs financial

Leveraged ETFs are exchange-traded funds designed to amplify the daily performance of an underlying index or asset, often by two or three times, using financial techniques to boost gains and losses. They matter to investors because they can act like a financial magnifying glass—quickly increasing profits in short-term moves but also rapidly increasing losses, so they are typically used for short-term trading or tactical bets rather than long-term investing.

single-stock etfs financial

A single-stock ETF is an exchange-traded fund that holds exposure to one company's equity, packaged so you can buy or sell it on an exchange like a stock. It matters because it offers a convenient, tradeable way to take a focused bet or hedge on a single company without owning the underlying shares directly, but it concentrates risk—like buying one ingredient instead of a whole recipe—so gains and losses can be large.

nand flash-based storage technology technical

NAND flash-based storage technology uses memory chips that hold data even when power is off, functioning like a digital bookshelf that keeps files safe when a device is turned off. It matters to investors because these chips power solid-state drives, memory cards and embedded storage in phones, computers and data centers; improvements or cost changes can shift product performance, demand, margins and competitive standing across many industries.

data center technical

A data center is a secure facility that houses large numbers of computers, storage devices and networking gear that run, store and move digital information for businesses and online services. Investors treat data centers like modern warehouses: their occupancy, energy efficiency, connectivity and long-term service contracts drive steady revenue and capital needs, so changes in demand or costs can directly affect profitability and growth prospects.

MIAMI--(BUSINESS WIRE)-- REX Shares (“REX”) and Tuttle Capital Management (“TCM”) today announce the launch of the T-REX 2X Long PAAS Daily Target ETF (Cboe: PAAU) and the T-REX 2X Long SNDK Daily Target ETF (Cboe: SNDU), leveraged ETFs providing 2x daily long exposure to Pan American Silver Corp. (NYSE: PAAS) and Sandisk Corporation (NASDAQ: SNDK), respectively.

PAAU is designed to deliver 200% of PAAS’s daily performance, giving traders a tool to engage with one of the world’s largest precious metals producers. Pan American Silver operates mining and exploration projects across the Americas and produces both silver and gold through operations spanning Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil.

SNDU is designed to deliver 200% of SNDK’s daily performance, offering traders exposure to a leading developer and manufacturer of flash data storage solutions. Sandisk produces NAND flash-based storage technology used across consumer electronics, enterprise infrastructure, and data center environments.

“Traders are constantly looking for ways to take focused positions in companies tied to major market themes,” said Scott Acheychek, COO of REX. “With PAAU and SNDU, we are expanding the T-REX lineup with funds linked to both the global precious metals market and the technology behind modern data storage.”

“Single-stock ETFs continue to gain momentum because they allow investors to act quickly on specific ideas,” added Matt Tuttle, CEO of Tuttle Capital Management. “PAAU and SNDU give traders a leveraged way to express views on two very different but highly active parts of the market.”

This launch expands the T-REX ETF suite, which now includes over 40 leveraged and inverse single-stock ETFs, including first-to-market 2x exposures to Robinhood (ROBN), Nvidia (NVDX), and Tesla (TSLT).

Investing in the Funds is not equivalent to investing directly in PAAS or SNDK.

For full fund information, holdings, and risk disclosures, visit rexshares.com.

About T-REX

The T-REX lineup is a partnership between REX Shares and Tuttle Capital Management. T-REX is redefining single-stock ETFs with first-to-market leveraged and inverse exposures. Built to deliver 2x and -2x daily performance on some of the market’s most dynamic companies, T-REX funds give traders powerful tools to express high-conviction views. From being the first to launch 2x and -2x ETFs on Tesla (TSLT) and Nvidia (NVDX), to pioneering the first leveraged ETFs tied to spot Bitcoin (BTCL), T-REX continues to set the pace in ETF innovation. With more than 40 products already trading, the suite is constantly expanding to meet evolving investor demand for tactical, high-impact exposures. For more information, visit rexshares.com.

About REX Shares

REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, crypto, thematic, and leveraged strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views.

For more information, please visit rexshares.com.

About Tuttle Capital Management

Tuttle Capital Management is a leader in thematic and actively managed ETFs, leveraging an agile investment approach to align with market trends. Please visit www.tuttlecap.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312409740/en/

For media inquiries, please contact:

Gregory for REX — rexfin@gregoryagency.com

Matthew Tuttle for Tuttle Capital — mtuttle@tuttlecap.com

Source: REX Shares