AXS Short De-SPAC Daily ETF (SOGU)
AXS Short De-SPAC Daily ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $25.00, up 2.23% on the session, giving a market capitalisation of $10.2M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's underlying index comprises twenty-five significant corporations, chosen by their market valuation, that have completed their merger with a Special Purpose Acquisition Company (SPAC). This investment vehicle primarily deploys its assets into three categories: (1) debt obligations issued by the U.S. government, such as Treasury bills, notes, and bonds; (2) various money market investment products; and/or (3) corporate fixed-income securities, specifically commercial paper and other short-term, unsecured promissory notes from businesses possessing an investment-grade credit rating or equivalent financial quality. It's important to note that this fund operates as a non-diversified entity.
AXS Short De-SPAC Daily ETF is most often compared with the following Financial Services names: