The inverse exchange-traded fund (ETF) will sit alongside the firm’s leveraged long DRAM ETF, offering investors exposure to both rising and falling market moves in the memory semiconductor sector.
T-Rex, a joint venture between Rex Shares and Tuttle Capital Management (TCM), has announced the launch of the T-Rex 2X Inverse DRAM Daily Target ETF (RAMZ), which is scheduled to begin trading on 28 July. RAMZ aims to deliver daily investment results equal to -200% of DRAM’s daily performance The company said the fund will be the first US-listed ETF designed to provide -2x inverse exposure to the Roundhill Memory ETF (DRAM). T-Rex said that RAMZ aims to deliver daily investment resul