AXS 2X is selling for 53.49 as of the 1st of February 2025. This is a 1.75 percent increase since the beginning of the trading day. The etf's last reported lowest price was 52.3. AXS 2X has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 2nd of January 2025 and ending today, the 1st of February 2025. Click here to learn more.
The fund will enter into one or more swap agreements with major global financial institutions for a specified period ranging from a day to more than one year whereby the fund and the global financial institution will agree to exchange the return earned or realized on the ARK Innovation ETF. More on AXS 2X Innovation
UMB Fund Services, Inc., Mutual Fund Administration, LLC
Advisor
AXS Investments LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
ALPS Distributors, Inc.
Portfolio Manager
Travis Trampe, Parker Binion
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Mar
Exchange
NASDAQ
Number of Constituents
5.0
Market Maker
Old Mission
Total Expense
1.35
Management Fee
0.95
Country Name
USA
Returns Y T D
20.52
Name
AXS 2X Innovation ETF
Currency Code
USD
Open Figi
BBG01750HT87
1y Volatility
77.21
200 Day M A
59.9472
50 Day M A
54.7856
Code
TARK
Updated At
1st of February 313125
Currency Name
US Dollar
Type
ETF
AXS 2X Innovation [TARK] is traded in USA and was established 2022-04-28. The fund is listed under Trading--Leveraged Equity category and is part of AXS family. The entity is thematically classified as Theme ETFs. AXS 2X Innovation at this time have 48.98 M in assets. , while the total return for the last year was 55.6%.
Check AXS 2X Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AXS 2X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether AXS 2X Innovation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AXS Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Axs 2x Innovation Etf. Highlighted below are key reports to facilitate an investment decision about Axs 2x Innovation Etf:
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The market value of AXS 2X Innovation is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 2X's value that differs from its market value or its book value, called intrinsic value, which is AXS 2X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXS 2X's market value can be influenced by many factors that don't directly affect AXS 2X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXS 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 2X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.