$TRX
TRXETF refers to the T-REX suite of leveraged and inverse ETFs offered by REX Shares in partnership with Tuttle Capital Management. These ETFs provide 2X leveraged long or inverse exposure to specific single stocks, allowing traders to amplify their positions without using margin. The funds aim to deliver daily amplified returns based on the underlying securities, such as Tesla, Nvidia, MicroStrategy, and others. However, they are designed for sophisticated investors due to the high risks associated with leverage, including volatility, compounding effects, and potential losses exceeding initial investments. They are traded like regular ETFs in brokerage accounts but involve higher risk and active management.
