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MRNX Stock Price, Chart, Stats & News
Daily Target 2X Long MRNA ETF
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Daily Target 2X Long MRNA ETF (MRNX) does not currently pay a dividend.
Trading--Leveraged Equity
Category
1.34%
Expense ratio
23.61M
Assets
MRNX chart
MRNX returns
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
The MRNX fund is designed to generate returns by taking a leveraged, bullish stance on the daily share price movements of Moderna, Inc. (MRNA). It achieves this primarily through the use of swap agreements and short-term listed call options. Its objective is to deliver a daily return equivalent to 200% (twice) the daily percentage change in MRNA's stock price, which it maintains through daily rebalancing.
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