CEGX
Tradr 2X Long CEG Daily ETF
📎 Investment Objective
The Tradr 2X Long CEG Daily ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the CEG index.
Overview
ETF tracking Tradr 2X Long CEG Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long CEG Daily ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the CEG index.
🎯 Investment Strategy
The ETF uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying CEG index. It does not seek to achieve its stated investment objective over periods longer than a single day.
✨ Key Features
- Provides 2x daily leveraged exposure to the CEG index
- Utilizes derivatives and other instruments to achieve its daily leverage target
- Resets leverage daily, so longer-term returns may not match 2x the index
- Very low assets under management and expense ratio of 0.00%
⚠️ Primary Risks
- Significant daily volatility and potential for large losses due to leverage
- Tracking error and compounding effects can cause long-term returns to deviate from 2x the index
- Counterparty risk associated with the derivatives used to obtain leverage
- Lack of trading history and low assets under management increase liquidity risk
👤 Best For
This ETF is intended for experienced, sophisticated investors with a very high risk tolerance who seek to make short-term, speculative trades on the daily performance of the CEG index. It is not suitable for long-term buy-and-hold investors or those with a low risk appetite.
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