ASTX

Tradr 2X Long ASTS Daily ETF

$35.75

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Tradr 2X Long ASTS Daily ETF seeks to provide 2x the daily return of the ASTS stock index.

Overview

ETF tracking Tradr 2X Long ASTS Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-11

Market Cap $96.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $15.85 - $94.00

VWAP $35.96

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Tradr 2X Long ASTS Daily ETF seeks to provide 2x the daily return of the ASTS stock index.

🎯 Investment Strategy

The fund uses derivatives and leveraged instruments to amplify the daily performance of the underlying ASTS index. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

Provides 2x daily leveraged exposure to the ASTS index
Resets leverage daily, which can lead to compounding effects over longer periods
Relatively high expense ratio compared to non-leveraged index funds
Extremely small asset base, indicating low investor interest or demand

⚠️ Primary Risks

Significant risk of loss due to the effects of daily compounding and rebalancing
Potential for volatility and large tracking errors relative to the underlying index
Counterparty risk associated with the derivatives used to achieve leverage
Lack of liquidity and trading volume, which can impact execution prices

👤 Best For

This ETF is best suited for sophisticated, short-term traders who have a high risk tolerance and understand the complexities of leveraged and inverse products. It is not recommended for long-term, buy-and-hold investors.