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What is NKEQ?

NKEQ provides inverse (-2x) exposure, less fees and expenses, to the daily price movement for shares of Nike stock.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NKEQ -37.29% -59.24% -15.31% -- -- -- --
NKEQ (NAV) -37.83% -59.70% -14.77% -- -- -- --
NIKE, Inc. Class B -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NKEQ Factset Analytics Insight

NKEQ is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of Nike stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

NKEQ Summary Data

AXS Investments
07/14/22
1.15%
$1.10M
NIKE, Inc. Class B
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
N/A
Compare More ETFs

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days
More Fund Flows

NKEQ Fund Structure

Yes
--
-- / --
N/A
N/A
High
-2
Daily

NKEQ Tax Exposures

20.00% / 39.60%
--
No

NKEQ Portfolio Data

--
N/A

NKEQ Index Data

NIKE, Inc. Class B
Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of NKEQ. NKEQ is rated a N/A out of 5.

NKEQ Tradability

5,015
$149.70K
2,329
$72.19K
0.17%
$0.06
0.03%
2.97% / -2.76%
None
100.00%
--
--
--
--
15
$24.54
N/A

Options Strategies for Outcome Investing

  • Collar Strategy
    Protection Strategy
  • Covered Call Strategy
    Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.