BKNU
T-REX 2X Long BKNG Daily Target ETF
📎 Investment Objective
The T-REX 2X Long BKNG Daily Target ETF (BKNU) seeks to provide 2x the daily return of the Booking Holdings Inc. (BKNG) stock.
Overview
ETF tracking T-REX 2X Long BKNG Daily Target ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The T-REX 2X Long BKNG Daily Target ETF (BKNU) seeks to provide 2x the daily return of the Booking Holdings Inc. (BKNG) stock.
🎯 Investment Strategy
The ETF uses leveraged derivatives and other financial instruments to amplify the daily performance of the underlying BKNG stock. It does not seek to achieve its stated investment objective over periods longer than a single day.
✨ Key Features
- Provides 2x the daily return of Booking Holdings Inc. (BKNG) stock
- Utilizes leveraged derivatives to amplify daily performance
- Resets exposure daily, not designed for long-term holding
- Very small asset size of $0 as of latest reporting
⚠️ Primary Risks
- Significant daily volatility and risk of losses due to leverage
- Potential for divergence from underlying stock's long-term performance
- Liquidity risk due to small asset size and trading volume
- Risks associated with the use of derivatives and other complex financial instruments
👤 Best For
This ETF is intended for experienced, risk-tolerant investors with a very short-term investment horizon who are seeking to make speculative bets on the daily price movements of Booking Holdings Inc. stock. It is not suitable for long-term buy-and-hold investors.
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