T-REX 2X Inverse DRAM Daily Target ETF (RAMZ): ETF
ETF traded on BATS under symbol RAMZ. Quoted in usd.
T-REX 2X Inverse DRAM Daily Target ETF
RAMZ is designed for making bearish bets on the stock price of the Roundhill Memory ETF 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 DRAM'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 DRAMs performance weakens. The fund is expected to hold money market funds, deposit accounts, and short-term debts.
Largest holdings
- RECV RAMZ TRS DRAM US EQ52.78%
- CASH AND CASH EQUIVALENTS47.22%
30d
578.55K
60d
499.56K
90d
583.71K