(SNOU) T-Rex 2X Long SNOW Daily - BATS
ETF Category: Trading--Leveraged Equity | Exchange: BATS (USA) | Market Cap: 30m USD | Total Return: -18% in 12m
Avg Turnover: 7.53M
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
The T-Rex 2X Long SNOW Daily Target ETF (SNOU) is a leveraged exchange-traded fund designed to provide 200% of the daily price performance of Snowflake Inc. (SNOW). The fund maintains a non-diversified portfolio, typically investing at least 80% of its net assets in financial instruments that create this specific magnified exposure. As a micro-cap vehicle with a 200% daily target, it is intended for short-term trading rather than long-term buy-and-hold strategies.
Snowflake operates within the cloud data warehousing sector, utilizing a consumption-based business model where customers pay for the storage and compute resources they actually use. This architecture allows enterprises to aggregate data from disparate sources into a single platform for analytics and machine learning applications. You can explore further data on these underlying fundamentals at ValueRay. Because this ETF uses leverage to track a single stock, its performance will reflect double the daily volatility of the enterprise software market.
- Snowflake product revenue growth and consumption-based billing trends
- Enterprise cloud spending and AI data cloud adoption rates
- Quarterly operating margins and free cash flow generation
- Daily price volatility and compounding effects of 200% leverage
As of June 12, 2026, the stock is trading at USD 37.23 with a total of 106,628 shares traded.
Over the past week, the price has changed by -3.65%,
over one month by +126.32%,
over three months by +46.69% and
over the past year by -18.04%.
T-Rex 2X Long SNOW Daily has no consensus analysts rating.