Rex Volmaxx Long Etf Profile

VMAX Etf   47.15  0.57  1.22%   

Performance

21 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
REX VolMAXX is trading at 47.15 as of the 28th of March 2024; that is 1.22 percent increase since the beginning of the trading day. The etf's open price was 46.58. 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 27th of February 2024 and ending today, the 28th 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 together with REX Etf

  0.73SHNY Microsectors GoldPairCorr
  0.98EVUS IShares ESG Aware Low VolatilityPairCorr
  0.84CIRC JPMorganPairCorr

Moving against REX Etf

  0.93BITI ProShares Trust -PairCorr
  0.73TSL GraniteShares 125x LongPairCorr
  0.7BA Boeing Fiscal Quarter End 31st of March 2024 PairCorr
  0.63INTC Intel Aggressive PushPairCorr
  0.43CSCO Cisco Systems Fiscal Quarter End 30th of April 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 ConcentrationLarge Cap ETFs, Size And Style ETFs, Sector, UBS (View all Sectors)
IssuerHartford Funds
Inception Date2023-12-05
BenchmarkHartford US Value Index
Entity TypeRegulated Investment Company
Asset Under Management5.82 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorHartford Funds Management Company, LLC
AdvisorLattice Strategies LLC
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerMarlene Walker Smith, Todd Frysinger, David France, Michael Stoll, Vlasta Sheremeta
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeCboe BZX Exchange, Inc.
Number of Constituents167
Market MakerSusquehanna
Total Expense0.29
Management Fee0.29
Country NameUSA
NameREX VolMAXX Long VIX Futures Strat ETF
Currency CodeUSD
Open FigiBBG01KD9FY90
200 Day M A43.2651
50 Day M A44.0829
CodeVMAX
Updated At28th of March 2024
Currency NameUS Dollar
TypeETF
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 Large Cap 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 (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on REX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding REX Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as REX VolMAXX Long Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top REX VolMAXX Long Etf Constituents

DELLDell TechnologiesStockInformation Technology
JPMJPMorgan Chase CoStockFinancials
BCCBoise Cascad LlcStockMaterials
CCitigroupStockFinancials
MPCMarathon Petroleum CorpStockEnergy
VLOValero EnergyStockEnergy
PSXPhillips 66StockEnergy
More Details

REX VolMAXX Target Price Odds Analysis

Based on a normal probability distribution, the odds of REX VolMAXX jumping above the current price in 90 days from now is near 1%. The REX VolMAXX Long probability density function shows the probability of REX VolMAXX etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days REX VolMAXX Long has a beta of -0.2145. This entails as returns on benchmark increase, returns on holding REX VolMAXX are expected to decrease at a much lower rate. During the bear market, however, REX VolMAXX Long is likely to outperform the market. Additionally, rEX VolMAXX Long has an alpha of 0.1954, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 47.15HorizonTargetOdds Above 47.15
99.05%90 days
 47.15 
0.93%
Based on a normal probability distribution, the odds of REX VolMAXX to move above the current price in 90 days from now is near 1 (This REX VolMAXX Long probability density function shows the probability of REX Etf to fall within a particular range of prices over 90 days) .

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.

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?

Run Headlines Timeline Now

   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
All  Next Launch Module

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 Sharpe 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
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.