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RSDEF

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

Analysis and statistics

  • Open
    2.3901$
  • Previous Close
    2.3901$
  • 52 Week Change
    0.33$
  • Day Range
    0.00$
  • 52 Week High/Low
    2.1531$ - 2.48$
  • Dividend Per Share
    0.0506
  • Market cap
    93 034 K$
  • EPS
    --
  • Beta
    0.615
  • Volume
    --

About

RSDEF.US represents the Roundhill Single-Asset YieldShares Defiance Daily Target 2x Long Meta ETF. This exchange-traded fund (ETF) offers leveraged exposure, aiming for twice the daily performance of Meta Platforms, Inc. (META) common stock. It's designed for sophisticated investors seeking short-term gains and who understand the risks associated with leveraged products, including the potential for amplified losses and the effects of daily compounding. Due to its leveraged and daily rebalancing nature, its long-term performance may significantly deviate from a simple 2x return of Meta stock.
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Factors

RSDEF.US, as an ETF, has a price influenced by several factors. Underlying Asset Performance: The fund's value is directly tied to the performance of the securities it holds. A rise in the prices of these underlying assets generally leads to an increase in the ETF's price, and vice versa. Supply and Demand: Like any security, supply and demand dynamics play a crucial role. High demand relative to supply can drive the price up, while increased supply coupled with weak demand can pressure the price downward. Market Sentiment: Overall market sentiment, reflecting investor confidence or fear, impacts all securities, including RSDEF.US. A positive market environment often supports higher prices, whereas a negative one can lead to price declines. Expense Ratio: The ETF's expense ratio, representing the annual cost of managing the fund, indirectly affects its price. Higher expense ratios can reduce returns, making the ETF less attractive to investors compared to similar, lower-cost alternatives.

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