Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide one and a half times inverse leveraged exposure to the daily performance of NVDA. It is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a daily basis, before fees and expenses, -150% performance of NVDA for a single day, not for any other period, by entering into one or more swaps on NVDA. It is non-diversified.
Frequently asked questions
What is the AXS 1.25X NVDA Bear Daily ETF (NVDS) expense ratio?
The AXS 1.25X NVDA Bear Daily ETF funds expense ratio is 1.15%.
What is AXS 1.25X NVDA Bear Daily ETF (NVDS) current stock price?
As of the latest data, AXS 1.25X NVDA Bear Daily ETF stock price is $19.09, with a previous close of $19.78. AXS 1.25X NVDA Bear Daily ETF lost -$0.69 in the last trading session, representing a -3.5% loss.
Does AXS 1.25X NVDA Bear Daily ETF (NVDS) pay dividends?
Yes. AXS 1.25X NVDA Bear Daily ETF pays annual dividends with an annualized yield of 20.83% and an estimated annual payout of $3.98 per share.
