NVDS — AXS 1.5X NVDA Bear Daily ETF

Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide one and a half times inverse leveraged ...

Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide one and a half times inverse leveraged exposure to the daily performance of NVDA. It is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve on a daily basis, before fees and expenses, -150% performance of NVDA for a single day, not for any other period, by entering into one or more swaps on NVDA. It is non-diversified.

Industry

ETF

Exchange

NASD

First trade date

2022-07-13

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