SNOU

T-REX 2X Long SNOW Daily Target ETF

$63.53

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The T-REX 2X Long SNOW Daily Target ETF (SNOU) seeks to provide 2x the daily return of the SNOW stock, before fees and expenses.

Overview

ETF tracking T-REX 2X Long SNOW Daily Target ETF

Category Leveraged

Issuer Other

Inception Date 2025-04-24

Market Cap $6.4M

Average Volume N/A

Dividend Yield N/A

52-Week Range $28.72 - $74.75

VWAP $62.08

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T-REX 2X Long SNOW Daily Target ETF (SNOU) seeks to provide 2x the daily return of the SNOW stock, before fees and expenses.

🎯 Investment Strategy

The fund uses derivatives and leveraged investment techniques to target 2x the daily performance of the SNOW stock. It does not seek to achieve its investment objective over periods longer than a single day.

✨ Key Features

Provides 2x leveraged exposure to the SNOW stock on a daily basis
Resets leverage daily, so long-term returns may differ significantly from 2x the SNOW stock
Very high risk due to daily resetting of leverage and compounding effects
Extremely low assets under management and trading volume

⚠️ Primary Risks

Significant risk of losses due to the 2x daily leverage
Potential for divergence between the fund's returns and 2x the SNOW stock over longer time periods
Liquidity risk due to low trading volume and assets under management
Counterparty risk associated with the derivatives used to obtain leverage

👤 Best For

This ETF is intended for very experienced, sophisticated investors with a high risk tolerance who understand the risks of daily leveraged exposure and are able to monitor the fund frequently. It is not suitable for most retail investors with longer-term investment horizons.