Fund BasicsSee More
- Fund Family REX Shares
- Assets Under Management 614,500
- Shares Outstanding, K 50
- 60-Month Beta -2.93
- Price/Earnings ttm 15.01
- Annual Dividend & Yield N/A (0.00%)
- Most Recent Dividend N/A on N/A
- Management Fee 0.95%
|Period||Period Low||Period High||Performance|
| || |
+0.27 (+2.23%)since 08/17/21
| || |
-3.41 (-21.72%)since 06/17/21
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-103.44 (-89.38%)since 09/17/20
Wall Street was moderately upbeat last week.
Rate hike talks weighed on the stock market last week. These inverse/leveraged ETF areas gained the maximum.
Last week was downbeat for Wall Street. Simple profit-booking and some warnings from the too-big-to-fail companies probably led to this crash.
Global markets were charged up last week with the S&P 500, the Dow Jones and the Nasdaq Composite gaining about 1.9%, 0.5% and 3.2% respectively.
The month of September has been brutal for the U.S. stock market with the S&P 500 Index on track for its sharpest decline in September since 2002.
The broad market sell-off has resulted in a spike for inverse or inverse leveraged ETFs.
Investors rushed to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.
We have highlighted seven leveraged inverse ETFs that have piled up handsome gains in February though these involve a great deal of risk when compared to traditional products.
The rapidly spreading coronavirus has made investors jittery this week, sending the global market into a tailspin. This has resulted in strong demand for inverse or inverse leveraged ETFs.
We have highlighted six leveraged inverse ETFs that are up more than 15% over the past week.
|3rd Resistance Point||12.43|
|2nd Resistance Point||12.36|
|1st Resistance Point||12.33|
|1st Support Level||12.22|
|2nd Support Level||12.15|
|3rd Support Level||12.11|