NEBX
Tradr 2X Long NBIS Daily ETF
📎 Investment Objective
The Tradr 2X Long NBIS Daily ETF (NEBX) seeks to provide 2x the daily return of the NBIS Index, which tracks the performance of a basket of technology and internet-related stocks.
Overview
ETF tracking Tradr 2X Long NBIS Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long NBIS Daily ETF (NEBX) seeks to provide 2x the daily return of the NBIS Index, which tracks the performance of a basket of technology and internet-related stocks.
🎯 Investment Strategy
The fund uses derivatives and leverage to amplify the daily returns of the underlying index. It does not seek to achieve its stated investment objective over periods longer than one day.
✨ Key Features
- Provides 2x leveraged exposure to the NBIS Index on a daily basis
- Utilizes derivatives and other financial instruments to achieve its leverage objective
- Resets leverage exposure on a daily basis, which can lead to compounding effects over longer periods
- Relatively small asset base of $0 as of the latest reporting period
⚠️ Primary Risks
- Significant daily volatility and potential for large losses due to the leveraged nature of the fund
- Compounding effects can cause returns to deviate significantly from the underlying index over longer holding periods
- Counterparty risk associated with the derivatives used to achieve leverage
- Lack of a proven long-term track record, with no performance data available beyond 1 year
👤 Best For
This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, leveraged exposure to the technology and internet sectors. It is not recommended for long-term buy-and-hold investors or those with a low risk appetite.
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