USAX stock price ended at $34.48 on 星期四, after dropping 15.70%
On the latest trading day May 07, 2026, the stock price of USAX fell by 15.70%, dropping from $41.66 to $34.48. During the session, the stock saw a volatility of 25.79%, with prices oscillating between a daily low of $33.12 and a high of $41.66. On the latest trading day, the trading volume for USAX rose by 23.4K shares, despite the declining prices. This uptick in volume may signal heightened risk in the near term. In total, 156.9K shares were traded, with a market value of approximately $13.2M.
USAX was created on 2026-01-12 by Tradr. The fund's investment portfolio concentrates primarily on materials equity. USAX provides 2x exposure, less fees and expenses, to the daily price movement of USA Rare Earth, Inc. (USAR). USA Rare Earth, Inc. is developing a domestic U.S. supply chain for rare earth mining and permanent magnet production.