APPX

Tradr 2X Long APP Daily ETF

$27.36

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Tradr 2X Long APP Daily ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the APP index.

Overview

ETF tracking Tradr 2X Long APP Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-04-25

Market Cap $23.7M

Average Volume N/A

Dividend Yield N/A

52-Week Range $8.41 - $49.23

VWAP $26.86

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Tradr 2X Long APP Daily ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the APP index.

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as derivatives, to seek to achieve its daily 2x leveraged investment objective. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x daily leveraged exposure to the APP index
Resets leverage daily, which can lead to compounding effects over longer periods
Designed for short-term, active trading rather than long-term buy-and-hold investing
Has no assets under management and has not yet established a performance track record

⚠️ Primary Risks

Significant risk of loss due to the effects of compounding and daily reset of leverage
Volatility risk as the fund's performance can diverge significantly from the underlying index over time
Counterparty risk related to the derivatives used to obtain leveraged exposure
Lack of performance history makes it difficult to evaluate the fund's long-term viability

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, speculative exposure to the APP index. It is not recommended for long-term or buy-and-hold investors.