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QMMY

$--
--%
1d
1w
1m

Analysis and statistics

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About

QMMY.US is the ticker symbol for the AXS TrendPilot Daily QQQ ETF. This ETF is designed to provide daily investment results that correspond to either 1.5 times the daily return of the Nasdaq-100 Index when the index is trending up, or 0.5 times the daily return of the Nasdaq-100 Index when the index is trending down, as determined by the fund's proprietary TrendPilot methodology. It is a leveraged and inverse ETF seeking to amplify the daily returns of the Nasdaq-100 Index.
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Factors

Underlying Holdings: QMMY.US's price reflects the value of the securities it holds, primarily US Treasury bonds with different maturities. Interest Rate Changes: Rising interest rates typically decrease bond prices, impacting QMMY.US negatively, and vice versa. Inflation Expectations: Higher inflation expectations erode bond values, potentially lowering QMMY.US's price. Market Sentiment: Overall investor confidence or fear can drive buying/selling pressure, influencing QMMY.US's price. Supply and Demand: Increased demand for QMMY.US pushes its price up, while greater supply can lower it.

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