ETF overview
Under typical market conditions, this fund primarily allocates at least 80% of its net assets to swap agreements. These agreements are structured to deliver two times (200%) the daily return of NVIDIA (NVDA) stock. The fund enters into these derivative contracts with major global financial institutions. Through these arrangements, the fund and the counterparty institution agree to exchange returns, targeting a daily outcome equivalent to 200% of the fund's net asset value. This investment vehicle maintains a non-diversified portfolio.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 1.05%
- Fund assets
- 373.79M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Oct 19, 2023
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| RECV NVDX TRS NVDA EQ | 206.41% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- 2x daily
- Expense ratio
- 1.05%
- Fund assets
- 373.79M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Oct 19, 2023
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| RECV NVDX TRS NVDA EQ | 206.41% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Under typical market conditions, this fund primarily allocates at least 80% of its net assets to swap agreements. These agreements are structured to deliver two times (200%) the daily return of NVIDIA (NVDA) stock. The fund enters into these derivative contracts with major global financial institutions. Through these arrangements, the fund and the counterparty institution agree to exchange returns, targeting a daily outcome equivalent to 200% of the fund's net asset value. This investment vehicle maintains a non-diversified portfolio.
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