MSFX

T-Rex 2X Long Microsoft Daily Target ETF

$33.24
+0.00%
Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The MSFX - T-Rex 2X Long Microsoft Daily Target ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Microsoft Corporation stock.

Overview

ETF tracking T-Rex 2X Long Microsoft Daily Target ETF

Category Small Cap
Issuer Other
Inception Date 2024-01-11
Market Cap $9.0M
Average Volume N/A
Dividend Yield N/A
52-Week Range $17.77 - $38.03
VWAP $32.58

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The MSFX - T-Rex 2X Long Microsoft Daily Target ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Microsoft Corporation stock.

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as derivatives, to attempt to achieve its daily 2x leveraged exposure to the Microsoft stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

  • Provides 2x daily leveraged exposure to Microsoft stock performance
  • Utilizes derivatives to achieve its daily leveraged objective
  • Resets daily, so longer-term returns may differ from 2x the underlying
  • Very small asset size and new fund with limited performance history

⚠️ Primary Risks

  • Significant daily volatility and risk of losses from leverage
  • Potential for divergence from 2x the daily return of Microsoft stock
  • Limited operating history and very small asset base
  • Higher risk profile not suitable for all investors

👤 Best For

The MSFX ETF is intended for experienced, risk-tolerant investors who understand the risks of daily leveraged exposure and seek to make short-term, speculative bets on the daily performance of Microsoft's stock price. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.