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NVDQ

1.14500 USD
0.01
0.87%
Last update Jul 16, 3:59 PM EDT
Market closed
Day range
1.14000
1.18000
Previous close
1.15500
Open
1.15000
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T-Rex 2X Inverse Nvidia Daily Mutual Fund
1.15
0.01
0.87%

Overview

Description

The T-Rex 2X Inverse Nvidia Daily Mutual Fund is a specialized financial investment vehicle designed to deliver twice the inverse performance of Nvidia Corporation's stock on a daily basis. This type of mutual fund seeks to achieve its objectives through the use of derivative instruments such as swaps and futures contracts. Its primary function is to cater to traders and investors looking to capitalize on short-term downward movements in Nvidia's stock price, offering a convenient way to execute bearish strategies. This fund impacts sectors such as technology and semiconductors, where Nvidia holds a substantial market presence. By providing a means to hedge against potential declines or to speculate on adverse price movements, the T-Rex 2X Inverse Nvidia Daily Mutual Fund plays a notable role in the broader market by facilitating diverse investment strategies. Its construction and strategy appeal primarily to sophisticated investors with a strong risk tolerance and an understanding of the complexities associated with leveraged and inverse investment products.

About

Address
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Website
Instrument type
ETF
Country
United States
MIC code
BATS
Market closed

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Trading Hours (Monday - Friday):

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04:00 - 09:30
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09:30 - 16:00
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