T-REX 2X Long NFLX Daily Target ETF
NFLU
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 900 Third Avenue, 31st Floor New York NY United States of America 10022
- IPO Date
- Sep 27, 2024
- Website
- rexshares.com
- Similar Companies
- Business
- T-Rex 2X Long NFLX Daily Target ETF (NFLU) is an exchange-traded fund that provides 2x leveraged exposure to the daily price performance of Netflix, Inc. common stock. The ETF employs swap agreements and other derivatives to achieve its investment objective, seeking to deliver twice the daily return of the underlying stock before fees and expenses; it resets its leverage daily, which can lead to compounding effects over multiple periods. NFLU operates within the leveraged and inverse ETF segment of the financial services industry, targeting sophisticated investors such as traders and institutions seeking amplified short-term exposure to technology sector equities. The fund's core offerings include daily leveraged investment products focused on single-stock performance; it does not pay dividends and is designed for tactical trading rather than long-term holding. Managed by REX Shares, headquartered in Chicago, Illinois and founded in 2018, the ETF trades on U.S. exchanges and serves retail and institutional clients across North America. Geographic operations are primarily U.S.-based, with no international subsidiaries noted. In recent developments, REX Shares expanded its lineup of single-stock leveraged ETFs with the launch of NFLU in late 2024, alongside complementary products like the T-Rex 2X Long TSLA Daily Target ETF, reflecting a strategic push into volatile tech names amid heightened retail trading interest. No major acquisitions, funding rounds, or name changes have been reported for the fund or its sponsor within the last two years; however, the ETF complies with ongoing SEC regulations for leveraged products introduced in 2024, including enhanced risk disclosures.