T-REX 2X Long RDW Daily Target 

$3.08
5
+$0.10+3.36% 09:58 Today

Statistics

Day High
3.55
Day Low
2.93
52W High
59.29
52W Low
2.93
Volume
256,386
Avg. Volume
625,646
Mkt Cap
0
P/E Ratio
-
Dividend Yield
-
Dividend
-

Expense Ratio

1.50%
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.

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Holdings

About

The T-REX 2X Long RDW Daily Target ETF (RDWU) aims to capitalize on increases in Redwire Corporation's (NYSE: RDW) stock value. It primarily accomplishes this by utilizing swap agreements and publicly traded call options, with the option to also make direct investments in RDW shares. Redwire Corporation plays a crucial role in the expanding space sector, delivering essential solutions and foundational infrastructure for the future of space exploration and development. Its diverse clientele includes government agencies and commercial enterprises globally. The company possesses key intellectual property in areas like solar energy generation and in-space additive manufacturing, assisting its customers in addressing the formidable challenges of upcoming space missions. This ETF endeavors to achieve daily leveraged exposure, targeting a return equivalent to twice (200%) the daily percentage change in RDW's share price, which is managed through a daily rebalancing strategy. Investors should be aware that holding the fund for longer than a single day can result in actual returns varying substantially from the projected 200%, largely due to market volatility and the impact of compounding. As collateral, the fund anticipates investing in U.S. government securities, money market instruments, short-duration bond exchange-traded funds, and corporate debt.
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CEO
Yie-Hsin Hung
Country
United States
ISIN
US26923W1999

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FAQs

What is T-REX 2X Long RDW Daily Target stock price today?▼
The current price of RDWU is $3.08 USD — it has increased by +3.36% in the past 24 hours. Watch T-REX 2X Long RDW Daily Target stock price performance more closely on the chart.
What is T-REX 2X Long RDW Daily Target stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on BATS exchange T-REX 2X Long RDW Daily Target stocks are traded under the ticker RDWU.
In which sector is T-REX 2X Long RDW Daily Target located?▼
T-REX 2X Long RDW Daily Target operates in the Finance & Payments sector.
When did T-REX 2X Long RDW Daily Target complete a stock split?▼
T-REX 2X Long RDW Daily Target has not had any recent stock splits.
Where is T-REX 2X Long RDW Daily Target headquartered?▼
T-REX 2X Long RDW Daily Target is headquartered in Fairfield, United States.