T-REX 2X Inverse NVIDIA Daily Target ETF (NVDQ)
NVDQ Price Chart
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NVDQ ETF Profile
Key details and information about T-REX 2X Inverse NVIDIA Daily Target ETF (NVDQ).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
19 Oct 2023
Country
US
Website
https://www.rexshares.com/NVDQDescription
Under ordinary market conditions, this fund aims to deliver daily returns that are the inverse of NVIDIA's (NVDA) stock performance, magnified by two. It achieves this by investing a minimum of 80% of its total assets in swap agreements. These agreements are struck with leading global financial institutions and are structured to ensure the fund experiences a daily return equivalent to -200% of NVDA's value, relative to its net assets. The fund is characterized as non-diversified.
NVDQ ETF Performance
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