2x Daily Software Platform ETF (SOFL)
2x Daily Software Platform ETF operates in the Investment - Banking & Investment Services industry of the Financial Services sector, headquartered in US. The stock last traded at $22.84, up 0.48% on the session, giving a market capitalisation of $1.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) aims to provide returns that are twice (200%) the daily performance of its underlying benchmark index, calculated before any expenses or management fees. It achieves this magnified exposure by strategically investing in financial derivatives, such as swap agreements and/or listed options contracts. Investors should also be aware that the fund maintains a non-diversified portfolio, meaning its holdings may be concentrated.
2x Daily Software Platform ETF is most often compared with the following Financial Services names: