NKEQ Stock Price, Chart, Stats & News

This actively managed exchange-traded fund (ETF) endeavors to achieve, on a daily basis and before accounting for fees and expenses, a performance that is two times the inverse of Nike's stock (NKE). Under typical market conditions, the fund's advisor will allocate at least 80% of its assets to financial instruments structured to provide this inverse, two-fold leveraged exposure to NKE's daily movements. This target applies solely to single-day returns and is not intended for any extended duration.