T-REX 2X Inverse NVIDIA Daily Target ETF
NVDQ
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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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
- 1241 Post Road Fairfield WY United States of America 6824
- IPO Date
- Oct 19, 2023
- Website
- rexshares.com
- Similar Companies
- Business
- T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the inverse (or opposite) of the daily performance of the common stock of NVIDIA Corp. (NASDAQ: NVDA); the fund achieves its objective under normal circumstances by investing at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments including swap agreements and derivatives that provide inverse exposure to NVDA. Launched in October 2023 and domiciled in the United States, NVDQ trades on the CBOE BZX Exchange and is issued under the ETF Opportunities Trust, with portfolio management provided through a collaboration between REX Shares LLC, headquartered in Miami, Florida, and Tuttle Capital Management LLC, based in Riverside, Connecticut. The fund targets sophisticated, actively managing investors seeking short-term trading vehicles for leveraged inverse exposure to NVDA in the technology and semiconductor sectors; it carries a net expense ratio of 1.05% and emphasizes that returns over periods longer than one trading day may differ significantly from -200% of NVDA's performance due to compounding, volatility, and daily rebalancing effects. Recent major changes include multiple reverse share splits, such as a 1-for-20 reverse split effective after market close on July 15, 2024, and another 1-for-20 reverse split effective October 28, 2025, accompanied by CUSIP changes to 26923N199, alongside broader T-REX suite expansions like launches of new leveraged ETFs on single stocks including CoreWeave (CRWV), NuScale Power (SMR), Cipher Mining (CIFR), Solana (SOL), and XRP in 2025.