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BERZ — MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs

MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs (BERZ)

BERZ pays a 0.00% distribution rate, none, on a 0.95% expense ratio. Total return is -99.6% over the past 5 years, 188.7 points behind SPY at 89.1%. Its deepest 1-year drawdown was 82.1%.

This is a leveraged inverse ETF that seeks to deliver three times the opposite daily performance of the Solactive FANG & Innovation Index, making it designed for traders seeking to profit from declines in a basket of technology and innovation-focused stocks. The fund does not distribute income to shareholders. It carries an expense ratio of 0.95% and trades on a modest asset base.

BERZ key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
08/17/2021
Expense ratio
0.95%
Distribution rate
0.00%
Distribution frequency
None
Last close
$19.64
AUM
$7,493,355
Average volume
77000.0
Beta
-4.12
P/E ratio
20.4951