T-REX 2X Inverse CRCL Daily Target ETF (CRCD): ETF
ETF traded on BATS under symbol CRCD. Quoted in usd.
T-REX 2X Inverse CRCL Daily Target ETF
CRCD is designed for making bearish bets on the stock price of Circle Internet Group Incorporated through swap agreements. The objective is to obtain daily inverse exposure equivalent to -200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to CRCL's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as 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. It's important to note that the fund could potentially lose money over time, even if CRCLs performance weakens. The fund is expected to hold money market funds, deposit accounts, and short-term debts.
Largest holdings
- Cash & Other292.29%
- FIRST AMERICAN GOVERNMENT OBLI FIRST AM GOV OBLIG X7.87%
- CIRCLE INTERNET GROUP SWAP CANTOR-81.54%
- CIRCLE INTERNET GROUP SWAP CLEAR STREET-118.61%
30d
3.74M
60d
4.11M
90d
4.12M