PYPS

AXS 1.5X PYPL Bear Daily ETF
*Unless otherwise stated, data provided by FactSet.

PYPS Fund Description

PYPS provides inverse (-1.5x) exposure, less fees and expenses, to the daily price movement for shares of PayPal stock.

PYPS Factset Analytics Insight

PYPS is a short-term tactical tool that aims to deliver -1.5x the price return, less fees and expenses, for a single day of PayPal stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1.5x 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.

PERFORMANCE [as of 08/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PYPS -- -- -- -- -- -- --
PYPS (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PYPS Summary Data

07/14/22
Open-Ended Fund
1.15%
$1.37M
0.21%
N/A

PYPS Portfolio Data

--
N/A

PYPS Index Data

No Underlying Index
Single Asset
Single Asset
N/A

PYPS Fund Structure

No
--
-- / --
N/A
N/A
Low
N/A
Daily

PYPS Tax Exposures

20.00% / 39.60%
--
No

PYPS Factset Analytics Block Liquidity

As of 08/15/22
5
4
3
2
1

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

PYPS Tradability

4,848
$165.82K
4,029
$125.98K
0.21%
$0.07
0.06%
2.24% / -0.10%
None
--
--
--
--
--
2
$26.50
N/A

Options Strategies for Outcome Investing

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.