Fund BasicsSee More
- Fund Family REX Shares
- Assets Under Management 1,165,000
- Shares Outstanding, K 500
- 60-Month Beta -2.91
- Price/Earnings ttm 0.00
- Annual Dividend & Yield N/A
- Most Recent Dividend N/A
- Management Fee 0.95%
|Period||Period Low||Period High||Performance|
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-1.17 (-33.42%)since 01/26/21
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-2.55 (-52.29%)since 11/25/20
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-30.50 (-92.90%)since 02/26/20
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.
Given the massive outflow and the bearish outlook, the appeal for financial ETFs, especially banks, has dulled. As a result, investors who are bearish on the sector right now may want to consider a near-term...