Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide one and a half times inverse leveraged exposure to the daily performance of NVDA. It is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a daily basis, before fees and expenses, -150% performance of NVDA for a single day, not for any other period, by entering into one or more swaps on NVDA. It is non-diversified.
Research context
AXS 1.25X NVDA Bear Daily ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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