Daily Target 2X Long SOUN ETF (SOUX)

NASDAQ Financial Services Asset Management - Leveraged

Daily Target 2X Long SOUN ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $13.56, up 0.10% on the session, giving a market capitalisation of $2.4M. Its beta of 6.22 implies it has historically moved more than the broad market.

This specialized Exchange Traded Fund (ETF) provides amplified, single-stock exposure to SoundHound AI, Inc. (SOUN). Its core objective is to return two times (2x) the daily percentage change in SOUN's share price. This is achieved by strategically employing various derivative instruments, such as swap agreements.

Daily Target 2X Long SOUN ETF is most often compared with the following Financial Services names: