MDBX

Tradr 2X Long MDB Daily ETF

$52.73

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Tradr 2X Long MDB Daily ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MongoDB, Inc. (MDB) stock.

Overview

ETF tracking Tradr 2X Long MDB Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-08-19

Market Cap $3.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $21.88 - $59.64

VWAP $51.58

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Tradr 2X Long MDB Daily ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MongoDB, Inc. (MDB) stock.

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as swap agreements and futures contracts, to gain leveraged exposure to the performance of the underlying MDB stock. It aims to deliver twice the daily returns of MDB, both on the upside and downside.

✨ Key Features

Provides 2x daily leveraged exposure to MongoDB, Inc. (MDB) stock
Utilizes derivatives to achieve the targeted leveraged performance
Resets daily, so longer-term returns may not equal 2x the underlying asset
Very small asset base of $0, indicating low investor interest or recent launch

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's performance and 2x the daily return of MDB
Liquidity risk due to the small asset base and trading volume
Counterparty risk associated with the derivatives used to gain exposure

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who have a very short-term trading horizon and understand the risks of leveraged products. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.