CORD

The T-Rex 2x Inverse CRWV Daily Target ETF (CORD) is designed to provide investors with a return that is twice the inverse of the daily performance of the CRSP US Small Cap Value Index. This ETF primarily targets small-cap value stocks, making it a strategic tool for investors looking to hedge against downturns in this segment of the market.

Financial ServicesAsset Managementlow - The ETF's operating costs are primarily variable, tied to management fees and performance, limiting fixed costs.

Business Overview

01Management fees from assets under management (AUM) - % of total not disclosed
02Performance fees - % of total not disclosed

CORD generates revenue primarily through management fees based on the assets under management. Its unique positioning as an inverse ETF allows it to attract investors seeking to profit from declines in small-cap value stocks, providing a hedge against market downturns.

What Moves the Stock

Fluctuations in the CRSP US Small Cap Value Index

Investor sentiment towards small-cap stocks

Market volatility impacting demand for inverse ETFs

Changes in interest rates affecting overall market performance

Watch on Earnings
Assets under management (AUM)Daily trading volumeTracking error relative to the index

Risk Factors

Regulatory changes affecting ETF structures and tax implications

Market sentiment shifts that could reduce demand for inverse ETFs

Increased competition from other inverse ETFs and alternative investment products

Market saturation in the small-cap value segment

Liquidity risks associated with sudden market downturns impacting trading volumes

Potential for increased operational costs if AUM declines significantly

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

high - The performance of small-cap stocks is closely tied to economic growth and consumer spending, making CORD sensitive to economic cycles.

Interest Rates

Higher interest rates can lead to increased borrowing costs for small-cap companies, potentially reducing their profitability and attractiveness, which may drive demand for inverse ETFs like CORD.

Credit

minimal

Live Conditions
S&P 500 Futures30-Year TreasuryRussell 2000 FuturesDow Jones Futures10-Year Treasury5-Year Treasury2-Year Treasury30-Day Fed Funds

Profile

hedge|speculative - Investors looking to hedge against downturns in small-cap value stocks or those speculating on market declines.

high - Historically, inverse ETFs exhibit high volatility due to their leveraged nature and sensitivity to market movements.

Key Metrics to Watch
CRSP US Small Cap Value Index performance
Daily trading volume of CORD
Assets under management (AUM)
Market volatility index (VIX)
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.