BMNU
T-REX 2X Long BMNR Daily Target ETF
📎 Investment Objective
The T-REX 2X Long BMNR Daily Target ETF (BMNU) seeks to provide 2x the daily return of the BMNR index, which tracks a basket of commodities futures contracts.
Overview
ETF tracking T-REX 2X Long BMNR Daily Target ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The T-REX 2X Long BMNR Daily Target ETF (BMNU) seeks to provide 2x the daily return of the BMNR index, which tracks a basket of commodities futures contracts.
🎯 Investment Strategy
The ETF uses leveraged derivatives and other financial instruments to amplify the daily performance of the underlying BMNR index. 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 the BMNR commodity futures index
- Resets leverage daily, which can lead to compounding effects over longer periods
- Designed for short-term trading, not long-term buy-and-hold investing
- Very small asset base of $0 as of the latest reporting period
⚠️ Primary Risks
- Significant daily volatility and potential for large losses due to leverage
- Compounding effects can cause returns to deviate substantially from the index over time
- Lack of liquidity and trading volume in the ETF
- Counterparty risk associated with the derivatives used to obtain leverage
👤 Best For
This ETF is intended for experienced, sophisticated traders who understand the risks of leveraged products and are able to actively monitor and manage their positions on a daily basis. It is not suitable for long-term, buy-and-hold investors.
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