APLX

Tradr 2X Long APLD Daily ETF

$56.18

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

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

Overview

ETF tracking Tradr 2X Long APLD Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-09-09

Market Cap $5.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $29.60 - $160.29

VWAP $54.58

Performance

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Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as swap agreements and futures contracts, to provide leveraged exposure to the APLD stock. It aims to deliver twice the daily returns of the underlying asset, before fees and expenses.

✨ Key Features

Provides 2x leveraged exposure to the APLD stock on a daily basis
Utilizes derivatives to achieve the targeted leverage
Resets exposure daily, which can lead to compounding effects over longer periods
Designed for short-term trading, not long-term buy-and-hold investing

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily losses that can compound over time
Tracking error risk, as the fund may not perfectly match the 2x daily performance of APLD
Liquidity risk, as the fund may have limited trading volume and market maker support

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term, speculative exposure to the APLD stock. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.