T-REX 2X Long SOL Daily Target ETF (SOLX)
ETF analysis · CBOE · Financial Services · Asset Management
T-REX 2X Long SOL Daily Target ETF (SOLX) is an exchange-traded fund in the Financial Services sector. Latest price: $8.62. Market cap $2.47M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
Get full analysis → Short-Term Analysis →1-Year Price
Proprietary Signals
About T-REX 2X Long SOL Daily Target ETF
SOLX aims for bullish bets on the daily price of spot Solana through swap agreements. It seeks 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 Solana's daily price movements. The rebalancing value is based on an average price calculated during the final equity trading hour in New York. As a geared product, the fund is 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 Solana's value decline by more than 50% relative to the fund, investors could face a total loss. The fund could also potentially lose money over time, even if Solana's performance strengthens.
Recent News
- No recent news available.
Related
Browse more tickers: sitemap