Rex Volmaxx Long Etf Profile
VMAX Etf | 45.91 0.16 0.35% |
Performance19 of 100
| Odds Of DistressLess than 9
|
REX VolMAXX is trading at 45.91 as of the 19th of March 2024; that is 0.35 percent increase since the beginning of the trading day. The etf's open price was 45.75. REX VolMAXX has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for REX VolMAXX Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
The investment seeks to provide investors with exposure to the implied volatility of the broad-based, large-cap U.S. equity market. Rex VolMaxx is traded on BATS Exchange in USA. More on REX VolMAXX Long
Moving against REX Etf
0.65 | HHH | Howard Hughes Symbol Change | PairCorr |
0.51 | INTC | Intel Fiscal Quarter End 31st of March 2024 | PairCorr |
0.49 | PFE | Pfizer Inc Fiscal Quarter End 31st of March 2024 | PairCorr |
REX Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. REX VolMAXX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding REX VolMAXX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Business Concentration | Size And Style ETFs, Large Cap ETFs, Sector, UBS (View all Sectors) |
Issuer | Hartford Funds |
Inception Date | 2023-12-05 |
Benchmark | Hartford US Value Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 5.73 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Hartford Funds Management Company, LLC |
Advisor | Lattice Strategies LLC |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Marlene Walker Smith, Todd Frysinger, David France, Michael Stoll, Vlasta Sheremeta |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Sep |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 175 |
Market Maker | Susquehanna |
Total Expense | 0.29 |
Management Fee | 0.29 |
Country Name | USA |
Name | REX VolMAXX Long VIX Futures Strat ETF |
Currency Code | USD |
Open Figi | BBG01KD9FY90 |
200 Day M A | 42.9277 |
50 Day M A | 43.4701 |
Code | VMAX |
Updated At | 18th of March 2024 |
Currency Name | US Dollar |
Type | ETF |
REX VolMAXX Long [VMAX] is traded in USA and was established 2018-08-20. The fund is listed under Sector category and is part of UBS family. The entity is thematically classified as Size And Style ETFs. REX VolMAXX Long at this time have 0 in net assets. , while the total return for the last year was -23.88%.
Check REX VolMAXX Probability Of Bankruptcy
Geographic Allocation (%)
Top REX VolMAXX Long Etf Constituents
VXX | IPath Series B | Etf | Trading--Miscellaneous |
VIXY | ProShares VIX Short Term | Etf | Trading--Miscellaneous |
SVXY | ProShares Short VIX | Etf | Trading--Miscellaneous |
REX VolMAXX Long Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. REX VolMAXX market risk premium is the additional return an investor will receive from holding REX VolMAXX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in REX VolMAXX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although REX VolMAXX's alpha and beta are two of the key measurements used to evaluate REX VolMAXX's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1554 | |||
Jensen Alpha | 0.1457 | |||
Total Risk Alpha | 0.0121 | |||
Sortino Ratio | 0.0246 |
REX VolMAXX Against Markets
Picking the right benchmark for REX VolMAXX etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in REX VolMAXX etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for REX VolMAXX is critical whether you are bullish or bearish towards REX VolMAXX Long at a given time. Please also check how REX VolMAXX's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in REX VolMAXX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy REX Etf?
Before investing in REX VolMAXX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in REX VolMAXX. To buy REX VolMAXX etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of REX VolMAXX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase REX VolMAXX etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located REX VolMAXX Long etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased REX VolMAXX Long etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as REX VolMAXX Long, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy REX Etf please use our How to Invest in REX VolMAXX guide.
Already Invested in REX VolMAXX Long?
The danger of trading REX VolMAXX Long is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of REX VolMAXX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than REX VolMAXX. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile REX VolMAXX Long is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether REX VolMAXX Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX VolMAXX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rex Volmaxx Long Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Volmaxx Long Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in REX VolMAXX Long. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the REX VolMAXX Long information on this page should be used as a complementary analysis to other REX VolMAXX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for REX Etf analysis
When running REX VolMAXX's price analysis, check to measure REX VolMAXX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy REX VolMAXX is operating at the current time. Most of REX VolMAXX's value examination focuses on studying past and present price action to predict the probability of REX VolMAXX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX VolMAXX's price. Additionally, you may evaluate how the addition of REX VolMAXX to your portfolios can decrease your overall portfolio volatility.
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The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.