MIAMI -- REX Financial (“REX”), a leader in innovative exchange-traded products, announced that the T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) was the best performing exchange-traded fund (ETF) of 2024, achieving a total return exceeding 383% in 2024, outperforming the second best performing ETF by over 38%.
Launched on October 19, 2023, NVDX was the first ever 2X daily target NVIDIA ETF available in the U.S. and has quickly gained traction among investors. With more than $700 million in assets under management (AUM), NVDX has become a go-to choice for leveraged exposure to NVIDIA’s growth. This success reflects NVIDIA’s historic growth which has been fueled by surging demand for AI-powered technologies, data centers and next-generation gaming.
T-REX ETFs introduced the first-ever 2x and -2x ETFs in the U.S. for Tesla (TSLT & TSLZ) and MicroStrategy (MSTU & MSTZ). T-REX also launched the first 2x and -2x spot Bitcoin ETFs (BTCL & BTCZ) and Ethereum ETFs (ETU & ETQ), as well as the first 2x ETFs on major tech companies like Alphabet (GOOX), Apple (AAPX), Microsoft (MSFX), and Netflix (NFLU).
This ETF is not intended to be a buy and hold investment. Instead, it is intended to be a daily trading tool for sophisticated investors. This ETF is designed to achieve its stated investment objective on a daily basis and the performance over different periods of time can differ significantly from the ETF’s stated daily objective. Any decision to hold this ETF for more than one day should be made with great care and only as the result of a series of daily (or more frequent) investment decisions to remain invested in the ETF for the next one-day period.
Standardized performance can be found on rexshares.com/nvdx. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor‘s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 844-802-4004. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
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