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NFLU

T-Rex 2X Long NFLX Daily Target ETF·CBOE
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Key Stats

Assets Under Management
47.21MUSD
Fund Flows (1Y)
5.50MUSD
Dividend Yield
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Discount/Premium to NAV
-0.03%
Shares Outstanding
1.40M
Expense Ratio
1.05%

About T-Rex 2X Long NFLX Daily Target ETF

Issuer
Tuttle Capital Management, LLC
Brand
T-Rex
Inception Date
Sep 27, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
NFLU is designed for making bullish bets on the stock price of Netflix Inc. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to NFLU's daily price movements. As a geared product, the is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should NFLU's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if NFLU's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.

Classification

Asset Class
Equity
Category
Sector
Focus
Communication Services
Niche
Movies & Entertainment
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Asset

Holdings

Symbol

Ratio

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CASH AND CASH EQUIVALENTS

118.26%
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RECV NFLU TRS NFLX EQ

99.13%
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RECV NFLU TRS NFLX EQ-1

86.27%
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PAYB NFLU TRS NFLX EQ

-94.48%
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RECV NFLU TRS NFLX EQ-2

-109.19%

Symbol

Ratio

No holdings data

Top 10 Weight 99.99%

5 Total Holdings

See all holdings

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