AXUP
T-REX 2X Long AXON Daily Target ETF
📎 Investment Objective
The T-REX 2X Long AXON Daily Target ETF (AXUP) seeks to provide 2x the daily return of the AXON Index, which tracks the performance of a portfolio of technology and innovation companies.
Overview
ETF tracking T-REX 2X Long AXON Daily Target ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The T-REX 2X Long AXON Daily Target ETF (AXUP) seeks to provide 2x the daily return of the AXON Index, which tracks the performance of a portfolio of technology and innovation companies.
🎯 Investment Strategy
The ETF uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying index by a factor of 2. It resets its leverage exposure on a daily basis in an effort to maintain the 2x target exposure.
✨ Key Features
- Provides 2x daily leveraged exposure to the AXON Index
- Resets leverage daily to maintain 2x target exposure
- Designed for short-term trading and not suitable for long-term buy-and-hold investors
- Very high risk due to daily resetting of leverage
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for volatility and large daily swings in the fund's net asset value
- Tracking error and deviation from the 2x daily target due to compounding effects
- Not suitable for investors with long time horizons or low risk tolerance
👤 Best For
This ETF is designed for experienced, sophisticated investors with a very high risk tolerance who are looking for short-term, speculative exposure to the technology sector. It is not suitable for conservative or long-term investors.
Similar ETFs in Leveraged
View all Leveraged ETFs →ProShares UltraPro QQQ
$104.74
Direxion Daily Semiconductor Bull 3X Shares
$38.86
ProShares Ultra QQQ
$139.39
ProShares Ultra S&P500
$112.99
Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X Shares
$16.58
Direxion Daily S&P 500 Bull 3x Shares
$213.12