GSX

Tradr 2X Long GS Daily ETF

$24.65
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The GSX Tradr 2X Long GS Daily ETF seeks to provide 2x the daily return of the S&P 500 index.

Overview

ETF tracking Tradr 2X Long GS Daily ETF

Category Leveraged
Issuer Other
Inception Date 2025-09-16
Market Cap N/A
Average Volume N/A
Dividend Yield N/A
52-Week Range $21.57 - $27.78
VWAP $24.56

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GSX Tradr 2X Long GS Daily ETF seeks to provide 2x the daily return of the S&P 500 index.

🎯 Investment Strategy

The fund uses derivatives and leverage to amplify the daily performance of the S&P 500 index. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

  • Provides 2x leveraged exposure to the S&P 500 index on a daily basis
  • Uses derivatives and other financial instruments to achieve its leverage target
  • Resets its leverage daily, which can lead to compounding effects over longer periods
  • Has a very small asset base of $0 as of the latest reporting period

⚠️ Primary Risks

  • Significant risk of loss due to the use of leverage and derivatives
  • Potential for large tracking errors and divergence from the underlying index over time
  • Increased volatility and risk of losses compared to unleveraged index funds
  • Not suitable for long-term buy-and-hold investors due to daily reset of leverage

👤 Best For

This ETF is designed for experienced, sophisticated traders who understand the risks of leveraged products and are looking for short-term, speculative exposure to the S&P 500 index. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.