LABX
Tradr 2X Long ALAB Daily ETF
📎 Investment Objective
The Tradr 2X Long ALAB Daily ETF (LABX) seeks to provide 2x the daily return of the ALAB index, before fees and expenses.
Overview
ETF tracking Tradr 2X Long ALAB Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long ALAB Daily ETF (LABX) seeks to provide 2x the daily return of the ALAB index, before fees and expenses.
🎯 Investment Strategy
The fund uses leveraged derivatives and other financial instruments to amplify the daily performance of the underlying ALAB index. It does not seek to achieve its stated investment objective over periods longer than one day.
✨ Key Features
- Seeks 2x daily exposure to the ALAB index
- Utilizes leveraged derivatives to amplify returns
- Resets exposure daily, not designed for long-term holding
- Very small fund size with no performance history
⚠️ Primary Risks
- Significant daily volatility and potential for large losses
- Leverage risk - amplifies both gains and losses
- Compounding risk - returns may deviate significantly from the underlying index over time
- Liquidity risk due to small fund size
👤 Best For
This ETF is intended for experienced, sophisticated investors with a very high risk tolerance who seek to make short-term, speculative trades on the daily performance of the ALAB index. It is not suitable for long-term buy-and-hold investors.
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