T-REX 2X Long SNOW Daily Target ETF (SNOU) Price

T-REX 2X Long SNOW Daily Target ETF is offered by T-Rex, a leading player in the field of passive investments.

The ISIN of T-REX 2X Long SNOW Daily Target ETF is US26923Q7135.

T-REX 2X Long SNOW Daily Target ETF aims to deliver 2 times the daily return of SNOW (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because T-REX 2X Long SNOW Daily Target ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like T-REX 2X Long SNOW Daily Target ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

T-REX 2X Long SNOW Daily Target ETF provides 2X daily long exposure to SNOW. When SNOW moves +1% in a day, T-REX 2X Long SNOW Daily Target ETF targets approximately 2% (before fees).

The total expense ratio of T-REX 2X Long SNOW Daily Target ETF is 1.50%, which means that investors pay 150.00 USD per 10,000 USD in investment capital annually.

The ETF is listed in USD.

European investors may incur additional costs for currency exchange and transaction fees.

No, T-REX 2X Long SNOW Daily Target ETF does not comply with the EU UCITS investor protection directives.

T-REX 2X Long SNOW Daily Target ETF tracks the performance of the Snowflake, Inc..

The current average trading volume of T-REX 2X Long SNOW Daily Target ETF is 68,575.24.

T-REX 2X Long SNOW Daily Target ETF is domiciled in US.

The fund was launched on 4/24/2025.

The T-REX 2X Long SNOW Daily Target ETF mainly invests in Information technology companies.

The NAV of T-REX 2X Long SNOW Daily Target ETF amounts to 23.76 M USD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.