UNX

Tradr 2X Long U Daily ETF

$13.96
+0.00%
Market closed. Last update: 10:55 PM ET

📎 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

Category Leveraged
Issuer Other
Inception Date 2025-09-16
Market Cap N/A
Average Volume N/A
Dividend Yield N/A
52-Week Range $13.29 - $24.40
VWAP $13.97

Performance

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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.