It is an active ETF designed to target the daily opposite performance of NuScale Power common stock. It is structured around each trading day's target exposure rather than long-term cumulative performance, so the price path and volatility of the underlying stock can have a significant impact on results.

It is suitable for investors who hold a clear view on the short-term downside potential of NuScale Power and can continuously monitor daily reset and leverage risk.

It is an actively managed ETF run by Tuttle Capital Management.

This product uses financial instruments to pursue daily performance opposite to that of NuScale Power common stock. Because the target exposure is readjusted each trading day, the results over multiple holding days can differ from a simple decline in the underlying stock.

• Daily inverse exposure focused on the downside direction of a single stock
• Structure that readjusts target exposure every trading day

Assets under management (AUM) stand at $1.0M, and the total expense ratio is 1.49% annually.

Single-stock inverse ETFs can be more sensitive to underlying-company news and volatility than products tracking the broader market. Before trading, it is advisable to check liquidity, bid-ask spreads, and transaction costs together.

Returns are sensitive to the daily direction and magnitude of NuScale Power's stock price. On days when the underlying stock rises, the inverse structure can work against investors, and during periods of high volatility, the impact of daily resets on cumulative performance can also grow.

Fund flows into this product can be influenced by short-term outlooks on NuScale Power, nuclear-energy-related issues, risk-off demand, and demand for derivatives-based strategies. Because it targets a single stock, it is more likely to react to company-specific information rather than broader market trends.

It can serve as a vehicle for expressing a short-term downside view, but the daily reset and single-stock concentration risk should be reviewed first.

T-Rex 2x Short SMR Daily ETF: Alternative ETFs and Related Products

The SQQQ ETF is designed to respond to declines in a broad technology-stock index, while the SOXS ETF focuses on the downside direction of the semiconductor industry. The SH ETF, PSQ ETF, and SPXU ETF each provide inverse exposure to the market or a tech-stock index, so they should be examined separately from a single-stock-focused structure. The reference holdings list of NVDA, AAPL, MSFT, AMZN, and GOOGL is presented alongside, but the performance of this product should be assessed around the daily moves of NuScale Power.

Before investing, the rationale for the short-term downside view and the intended holding period should be defined first. Because this product operates on a daily objective, decisions should not be based solely on the medium- to long-term direction of the underlying stock; daily volatility and the reset effect should also be reviewed.

If NuScale Power's stock moves in the opposite direction of expectations, losses can occur, and the daily reset structure can complicate cumulative performance during volatile periods. Leverage and derivatives use can magnify loss risk, requiring ongoing monitoring.

This product should only be considered after understanding the structure, and only when seeking to express a short-term downside view on NuScale Power. For long-term holding or stable cash distributions, it is advisable to compare other products in light of the absence of distribution history and the daily reset risk.