ABOUT THIS FUND
SMRX seeks to deliver 200% of the daily performance of NuScale Power Corp. (Ticker: SMR), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. NuScale Power is focused on assisting in the global energy transition by providing a small modular reactor (SMR) nuclear technology. SMRX is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of SMR due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.
PRICE
$19.74 ▲ UP 2.49% (+$0.48)HOLDINGS
TOP 0 · 0.00% OF THE FUNDRANK STOCK WEIGHT SHARES VALUE