AXS 2X Innovation ETFAXS 2X Innovation ETFAXS 2X Innovation ETF

AXS 2X Innovation ETF

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Key stats

Assets under management (AUM)
‪51.93 M‬USD
Fund flows (1Y)
‪−14.63 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
4.6%

About AXS 2X Innovation ETF

Issuer
SR Partners LLC
Brand
AXS Investments
Expense ratio
1.15%
Inception date
May 2, 2022
Index tracked
No Underlying Index
Management style
Active
TARK provides daily 2x exposure to ARKK, an exchange-traded fund composed of 30-55 companies globally involved with, or that benefit from disruptive innovation, selected based on high conviction in this space. As such, TARK is designed to highlight the growth of disruptive technologies and provide value to investors if and when the underlying funds price rises. Its strategy involves entering into swap agreements with global financial institutions exchanging returns based on the performance of ARKK shares. To achieve maximum results, the fund may also invest in fixed income securities including Treasurys, short-term bond ETFs, corporate bonds, and money market funds as collateral required by the funds counterparties. As a leveraged product with 2x factor that resets daily, TARK is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one day period.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Broad thematic
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash72.95%
Miscellaneous27.05%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows