NVDQ

T-Rex 2X Inverse NVIDIA Daily Target ETF

$16.75

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The NVDQ - T-Rex 2X Inverse NVIDIA Daily Target ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the NVIDIA Corporation stock.

Overview

ETF tracking T-Rex 2X Inverse NVIDIA Daily Target ETF

Category Inverse

Issuer Other

Inception Date 2023-10-19

Market Cap N/A

Average Volume N/A

Dividend Yield 0.91%

52-Week Range $14.52 - $96.80

VWAP $17.49

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The NVDQ - T-Rex 2X Inverse NVIDIA Daily Target ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the NVIDIA Corporation stock.

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as derivatives, to provide the targeted inverse exposure to NVIDIA's stock price movements on a daily basis. It does not seek to achieve its investment objective over periods longer than a single trading day.

✨ Key Features

Provides 2x inverse exposure to NVIDIA stock on a daily basis
Designed for short-term, speculative trading, not long-term investment
High degree of leverage, which can magnify both gains and losses
Resets exposure daily, so longer-term performance may differ from the target

⚠️ Primary Risks

Significant daily volatility and risk of large losses
Leverage risk, where small market movements can have a large impact
Potential for divergence from the target inverse performance over time
Risks associated with the use of derivatives and other complex instruments

👤 Best For

This ETF is intended for experienced, sophisticated investors with a high risk tolerance who are looking to make short-term, speculative bets against the performance of NVIDIA's stock. It is not suitable for long-term, buy-and-hold investors or those with a low risk appetite.