UNX
Tradr 2X Long U Daily ETF
📎 Investment Objective
The Tradr 2X Long U Daily ETF (UNX) seeks to provide 2x the daily return of the underlying index, before fees and expenses.
Overview
ETF tracking Tradr 2X Long U Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long U Daily ETF (UNX) seeks to provide 2x the daily return of the underlying index, before fees and expenses.
🎯 Investment Strategy
The fund uses leveraged derivatives and other financial instruments to amplify the daily performance of its target index. It does not seek to achieve its stated investment objective over periods longer than one day.
✨ Key Features
- Provides 2x the daily return of the underlying index
- Utilizes leveraged derivatives to achieve its objective
- Resets exposure daily, not suitable for long-term holding
- Relatively low assets under management and no performance history
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for divergence from the target index's performance over time
- Liquidity risk due to low trading volume and assets under management
- Potential for higher volatility and risk compared to the underlying index
👤 Best For
This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who seek to make short-term, speculative trades on the underlying index's daily performance. It is not recommended for long-term buy-and-hold investors.
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