AXS 2X NKE Bull Daily ETF (NKEL)
AXS 2X NKE Bull Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in US. The stock last traded at $20.60, up 0.00% on the session, giving a market capitalisation of $462,202. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) seeks to provide daily returns that are twice the daily performance of NKE, before accounting for fees and expenses. This target is exclusively for single-day periods and does not apply to performance over longer durations. The fund primarily achieves its objective by engaging in swap agreements linked to NKE. Typically, at least 80% of the fund's assets will be allocated to financial instruments structured to offer this two-times leveraged daily exposure to NKE. It is important to note that this is a non-diversified fund.
AXS 2X NKE Bull Daily ETF is most often compared with the following Financial Services names: