ETF Education Report: AXS 2X COP BULL DAILY ETF (COPL)

What this ETF is trying to do

The AXS 2X COP BULL DAILY ETF (ticker: COPL) is a type of investment called a leveraged ETF. This means it is designed to move in a specific direction related to an underlying asset, but with more intensity. This particular fund is marked as "leveraged," which typically means it seeks to amplify the daily performance of its target.

What the numbers show

As of October 5, 2026, the current price of one share is $10.58. We can look at how the share price has changed over different periods:

• Year-to-Date (YTD) Price Return: The share price has increased by approximately 3.02%.

• One-Year Price Return: Over the last year, the share price has increased by approximately 4.34%.

Because this ETF does not pay out dividends or distributions, the "price return" and the "total return" are the same. Total return is a measure that includes both price changes and any cash paid out to investors. Since no cash was paid out, the total return is also 3.02% for the year-to-date period and 4.34% for the one-year period.

To visualize this, if you had bought one share roughly one year ago at the estimated price of $10.14, that single share would now be worth $10.58.

Income and distribution explanation

Some investors look for ETFs that pay them regular cash, known as distributions. This ETF has a distribution yield of 0%. No distributions were detected over the last 12 months. This means the fund does not currently provide cash income to shareholders.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases over time. StockValueFinder uses an "erosion-risk score" to help measure this risk.

For COPL, the erosion-risk score is 94. This is labeled as "Stable / sideways" with a severity rating of "good." There is no severe erosion-risk flag for this ETF, meaning the current data does not show a pattern of substantial price deterioration related to erosion risks.

Pros

• The ETF has shown positive price returns both year-to-date and over the last year.

• The erosion-risk score suggests the price trend is currently considered stable or sideways.

Cons

• This is a leveraged ETF, which generally involves higher movement and different risks than standard ETFs.

• The fund does not provide any cash distributions or income for investors.

Beginner takeaway

COPL is a leveraged ETF that has seen its share price grow slightly over the last year. It does not pay out any cash income to investors, so its performance is based entirely on the change in the share price. While it currently shows a stable erosion-risk score, leveraged funds are specialized tools that behave differently than traditional investments.