T-REX 2X Long NVIDIA Daily Target ETF (NVDX)
NVDX Price Chart
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NVDX ETF Profile
Key details and information about T-REX 2X Long NVIDIA Daily Target ETF (NVDX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
19 Oct 2023
Country
US
Website
https://www.rexshares.com/NVDXDescription
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.
NVDX ETF Performance
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