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GMEU

13.29000 USD
0.35
2.70%
Last update Aug 22, 3:59 PM EDT
Market closed
Day range
13.020000
13.45000
Previous close
12.94000
Open
13.050000
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T-Rex 2x Long GME Daily Target ETF
13.29
0.35
2.70%

Overview

Description

The T-Rex 2x Long GME Daily Target ETF is a leveraged exchange-traded fund designed to deliver twice the daily performance of GameStop Corp.'s common stock. Launched in April 2025, this ETF is part of REX Shares' innovative suite, in collaboration with Tuttle Capital Management, offering the first 2x leveraged exposure to GameStop in the U.S. Unlike traditional funds, this ETF seeks 200% of the daily return of GameStop’s equity, using financial instruments such as swap agreements to achieve its target. This means that for every 1% increase (or decrease) in GameStop’s share price within a single trading day, the fund aims to reflect an approximate 2% gain (or loss), before fees and expenses. GMEU is categorized under trading-leveraged equity and is intended for sophisticated investors who actively monitor and manage their portfolios. It serves a tactical role for those looking to amplify short-term price movements of GameStop without utilizing margin, but it is not designed for long-term holding periods due to the risks and compounding effects inherent in daily leveraged strategies. The ETF contributes to the growing market segment of single-stock leveraged products, expanding strategic trading capabilities around high-profile, volatile equities.

About

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0
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Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
BATS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 13 hours 2 minutes

14:57
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).