GSX
Tradr 2X Long GS Daily ETF
📎 Investment Objective
The GSX Tradr 2X Long GS Daily ETF seeks to provide 2x the daily return of the S&P 500 index.
Overview
ETF tracking Tradr 2X Long GS Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The GSX Tradr 2X Long GS Daily ETF seeks to provide 2x the daily return of the S&P 500 index.
🎯 Investment Strategy
The fund uses derivatives and leverage to amplify the daily performance of the S&P 500 index. It does not seek to achieve its stated investment objective over periods longer than one day.
✨ Key Features
- Provides 2x leveraged exposure to the S&P 500 index on a daily basis
- Uses derivatives and other financial instruments to achieve its leverage target
- Resets its leverage daily, which can lead to compounding effects over longer periods
- Has a very small asset base of $0 as of the latest reporting period
⚠️ Primary Risks
- Significant risk of loss due to the use of leverage and derivatives
- Potential for large tracking errors and divergence from the underlying index over time
- Increased volatility and risk of losses compared to unleveraged index funds
- Not suitable for long-term buy-and-hold investors due to daily reset of leverage
👤 Best For
This ETF is designed for experienced, sophisticated traders who understand the risks of leveraged products and are looking for short-term, speculative exposure to the S&P 500 index. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.
Similar ETFs in Leveraged
View all Leveraged ETFs →ProShares UltraPro QQQ
$104.74
Direxion Daily Semiconductor Bull 3X Shares
$38.86
ProShares Ultra QQQ
$139.39
ProShares Ultra S&P500
$112.99
Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X Shares
$16.58
Direxion Daily S&P 500 Bull 3x Shares
$213.12