Fund BasicsSee More
- Fund Family REX Shares
- Assets Under Management 725,800
- Shares Outstanding, K 50
- 60-Month Beta -2.96
- Price/Earnings ttm 14.71
- 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|
| || |
+1.32 (+9.96%)since 05/24/21
| || |
-5.98 (-29.20%)since 03/24/21
| || |
-132.12 (-90.10%)since 06/24/20
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.
Wall Street has been witnessing a tough ride this month due to U.S.-China trade conflicts, weak global economic data, low inflation and political unrest in Hong Kong.
|3rd Resistance Point||15.72|
|2nd Resistance Point||15.42|
|1st Resistance Point||14.97|
|1st Support Level||14.22|
|2nd Support Level||13.92|
|3rd Support Level||13.47|