Founder-Led 2X Daily 

$21.24
0
-$1.64-7.15%Friday 20:00
+$0.00+0%Friday 20:00After hours

Statistics

Day High
23.42
Day Low
23.42
52W High
26.48
52W Low
15.38
Volume
7,866
Avg. Volume
-
Mkt Cap
0
P/E Ratio
-
Dividend Yield
-
Dividend
-

Expense Ratio

1.08%
0%
1%+
The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.

Holdings

About

The FDRX exchange-traded fund (ETF) is engineered to deliver daily investment results that correspond to 200% of the performance of the Founder-Led Index. This underlying index is composed of 50 U.S. publicly traded companies where at least one of the original founders continues to hold a prominent executive role. To achieve its investment objective, the fund primarily utilizes a range of derivative instruments. These include, but are not limited to, total return swaps, equity index futures contracts, and various other equity-linked financial tools. Additionally, it may take direct long positions in the underlying index components when deemed operationally efficient. A portion of the fund's assets is maintained in cash and cash equivalents to ensure liquidity, facilitate ongoing portfolio management, and serve as collateral for its derivative positions. Its leveraged exposure is rebalanced on a daily basis. Consequently, due to the effects of daily compounding and market volatility, performance observed over periods exceeding a single day can diverge substantially from two times the cumulative return of the underlying index. Although constituents of the index can possess any market capitalization, their weighting within the portfolio is determined by their relative size, subject to a maximum cap of 10% for any single constituent. The index undergoes reconstitution and rebalancing four times annually, specifically on the third Friday of March, June, September, and December.
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CEO
T. Scott Haese
Country
United States
ISIN
US2189462003

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FAQs

What is Founder-Led 2X Daily stock price today?▼
The current price of FDRX is $21.24 USD — it has decreased by -7.15% in the past 24 hours. Watch Founder-Led 2X Daily stock price performance more closely on the chart.
What is Founder-Led 2X Daily stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on XNAS exchange Founder-Led 2X Daily stocks are traded under the ticker FDRX.
In which sector is Founder-Led 2X Daily located?▼
Founder-Led 2X Daily operates in the Finance & Payments sector.
When did Founder-Led 2X Daily complete a stock split?▼
Founder-Led 2X Daily has not had any recent stock splits.
Where is Founder-Led 2X Daily headquartered?▼
Founder-Led 2X Daily is headquartered in San Francisco, United States.