ROBN

T-Rex 2X Long HOOD Daily Target ETF

$71.79
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The ROBN ETF seeks to provide 2x the daily return of the Robinhood Markets, Inc. (HOOD) stock.

Overview

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

Category Leveraged
Issuer Other
Inception Date 2025-01-31
Market Cap $175.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $8.16 - $120.49
VWAP $70.43

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ROBN ETF seeks to provide 2x the daily return of the Robinhood Markets, Inc. (HOOD) stock.

🎯 Investment Strategy

The fund uses derivatives and leveraged investment techniques to target 2x the daily performance of the HOOD 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 Robinhood Markets, Inc. (HOOD) stock
  • Utilizes derivatives and other leveraged investment instruments
  • Resets daily, so longer-term performance may differ significantly from the target multiple
  • Very small asset base of $0 as of the latest reporting period

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for divergence between the fund's daily target and actual longer-term performance
  • Liquidity risk due to the small asset base
  • Concentration risk as the fund is tied to a single stock

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who understand the risks of leveraged and volatile investments. It is not recommended for long-term or conservative investors.