T-REX 2X Long AKAM Daily Target ETF (AKAL): ETF
ETF traded on BATS under symbol AKAL. Quoted in usd.
T-REX 2X Long AKAM Daily Target ETF
AKAL is designed to make bullish bets on the stock price of Akamai Technologies (NASDAQ: AKAM) through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to AKAM's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should AKAMs value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if AKAM's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Largest holdings
- RECV AKAL TRS AKAM EQ271.89%
- CASH AND CASH EQUIVALENTS201.21%
- PAYB AKAL TRS AKAM EQ-373.10%
30d
30.23K
60d
61.32K
90d
41.56K