Reported about 1 year ago
Leveraged ETFs tracking Nvidia's performance have attracted $5 billion in investments, showing a remarkable 425% increase this year despite a recent 16% correction in Nvidia's stock. These leveraged funds, such as T-REX 2X Long NVIDIA Daily Target ETF, are designed for short-term trades but have also captured retail investors' interest, with the Nvidia-focused ETFs collectively amassing $5 billion. In comparison, other leveraged ETFs targeting mega-cap tech stocks like Apple, Alphabet, Amazon, Meta Platforms, and Microsoft have attracted significantly lower assets under management.
Source: YAHOO