(NVDX) T-Rex 2X Long IDIA Daily - Ratings and Ratios
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
NVDX: NVIDIA, Swap Agreements, Global Financial Institutions
The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is a leveraged exchange-traded fund designed to provide investors with twice the daily return of NVIDIA Corporation (NVDA), a leader in the technology and semiconductor industry. Listed on the BATS exchange, the fund operates under a non-diversified strategy, meaning it can concentrate its investments in a smaller number of securities, including NVDA. As of the latest data, the fund has approximately $665.80 million in assets under management (AUM).
Under normal market conditions, the fund allocates at least 80% of its net assets to swap agreements. These agreements are structured with major global financial institutions to deliver 200% daily exposure to NVDA. Essentially, the fund enters into derivative contracts that replicate twice the daily performance of NVIDIAs stock. This approach allows the fund to amplify returns for investors seeking heightened exposure to NVDAs daily price movements, though it also magnifies potential losses.
The funds use of swap agreements is central to its investment strategy. By entering into these contracts, the fund agrees to exchange returns based on the performance of NVDA. If NVDAs stock price increases by 1% on a given day, the fund aims to return approximately 2%. Conversely, if NVDA declines by 1%, the fund could drop by about 2%. This daily reset mechanism is a key feature of leveraged ETFs, making them suitable for short-term trading strategies rather than long-term investment horizons.
Looking ahead, the future outlook for NVDX will depend on several factors, including NVIDIAs continued dominance in AI, gaming, and data center markets, as well as broader market volatility and investor sentiment. As NVIDIAs revenue growth and profitability remain tied to cutting-edge technologies like AI chips and GPU advancements, the funds performance will likely reflect these dynamics. Additionally, interest rate changes and the overall health of the technology sector will play a role in shaping the funds trajectory. As with all leveraged ETFs, investors should carefully consider their risk tolerance and investment goals before allocating capital to NVDX.
Additional Sources for NVDX ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NVDX ETF Overview
Market Cap in USD | 462m |
Category | Trading--Leveraged Equity |
TER | 1.05% |
IPO / Inception | 2023-10-18 |
NVDX ETF Ratings
Growth 5y | 43.1% |
Fundamental | - |
Dividend | 46.5% |
Rel. Strength Industry | 5.52 |
Analysts | - |
Fair Price Momentum | 9.88 USD |
Fair Price DCF | - |
NVDX Dividends
Dividend Yield 12m | 18.94% |
Yield on Cost 5y | 99.45% |
Annual Growth 5y | -100.00% |
Payout Consistency | 100.0% |
NVDX Growth Ratios
Growth Correlation 3m | -76.4% |
Growth Correlation 12m | 37.2% |
Growth Correlation 5y | 76.4% |
CAGR 5y | 194.61% |
CAGR/Max DD 5y | 3.40 |
Sharpe Ratio 12m | 0.96 |
Alpha | -24.23 |
Beta | 5.67 |
Volatility | 122.64% |
Current Volume | 15922.1k |
Average Volume 20d | 18754.3k |
As of March 15, 2025, the stock is trading at USD 9.88 with a total of 15,922,137 shares traded.
Over the past week, the price has changed by +14.62%, over one month by -27.25%, over three months by -27.95% and over the past year by +16.81%.
Partly, yes. Based on ValueRay Analyses, T-Rex 2X Long IDIA Daily (BATS:NVDX) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 43.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDX as of March 2025 is 9.88. This means that NVDX is currently overvalued and has a potential downside of 0%.
T-Rex 2X Long IDIA Daily has no consensus analysts rating.
According to ValueRays Forecast Model, NVDX T-Rex 2X Long IDIA Daily will be worth about 11.9 in March 2026. The stock is currently trading at 9.88. This means that the stock has a potential upside of +20.04%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 11.9 | 20% |