Notable companies
The most notable companies in this group are Netflix (NASDAQ:NFLX).
Industry description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of NFLX.
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to NFLX equal to at least 80% of its net assets (plus any borrowings for investment purposes). It may also seek to achieve its investment objective by purchasing call options on NFLX or by investing directly in the common stock of NFLX. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the T-Rex 2X Long NFLX Daily Target ETF ETF was 3%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 63%. NFLX experienced the highest price growth at 2%, while NFLX experienced the biggest fall at 2%.