Daily Target 2X Long MRNA (MRNX) ETF Holdings & Analysis

What MRNX does

The MRNX fund is designed to generate returns by taking a leveraged, bullish stance on the daily share price movements of Moderna, Inc. (MRNA). It achieves this primarily through the use of swap agreements and short-term listed call options. Its objective is to deliver a daily return equivalent to 200% (twice) the daily percentage change in MRNA's stock price, which it maintains through daily rebalancing. However, holding the fund for periods exceeding a single day may lead to actual returns that deviate significantly from this 2x daily target, influenced by factors like market volatility, compounding, and rebalancing impacts. For collateral supporting its derivative contracts, MRNX may also invest in stable assets such as U.S. government securities, money market funds, short-term bond exchange-traded funds (ETFs), and investment-grade corporate debt.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how MRNX fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does MRNX track?

MRNX is the Daily Target 2X Long MRNA ETF, a Other ETF.

What is the expense ratio of MRNX?

Expense ratio data for MRNX is shown on the page when available from our data provider.

What are the largest holdings in MRNX?

Top holdings include Cash & Other, MODERNA INC SWAP CF-L, MODERNA, INC.-SWAP-JNST-L, MODERNA, INC.-SWAP-NBCB-L, MODERNA INC SWAP CS-L.

How can PortView analyze MRNX overlap with other ETFs?

PortView computes the holdings overlap between MRNX and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.