NFLU

T-Rex 2X Long NFLX Daily Target ETF

$47.05

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) seeks to provide 2x the daily return of the shares of Netflix, Inc. (NFLX).

Overview

ETF tracking T-Rex 2X Long NFLX Daily Target ETF

Category Leveraged

Issuer Other

Inception Date 2024-09-27

Market Cap $21.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $31.85 - $74.31

VWAP $47.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) seeks to provide 2x the daily return of the shares of Netflix, Inc. (NFLX).

🎯 Investment Strategy

The ETF uses derivatives and leveraged investment techniques to amplify the daily performance of the underlying NFLX 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 Netflix stock
Utilizes derivatives and leverage to magnify performance
Resets exposure daily, not designed for long-term holding
Very small asset base and limited trading history

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily fluctuations and volatility
Unlikely to achieve the target 2x return over periods longer than one day
Lack of liquidity and trading volume in the ETF

👤 Best For

This ETF is best suited for experienced, risk-tolerant traders who understand the unique risks of leveraged and inverse funds. It is not recommended for long-term, buy-and-hold investors.