JOBX
Tradr 2X Long JOBY Daily ETF
📎 Investment Objective
The Tradr 2X Long JOBY Daily ETF (JOBX) seeks to provide 2x the daily return of the JOBY stock, which tracks the performance of Joby Aviation Inc., a company developing electric vertical take-off and landing (eVTOL) aircraft.
Overview
ETF tracking Tradr 2X Long JOBY Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long JOBY Daily ETF (JOBX) seeks to provide 2x the daily return of the JOBY stock, which tracks the performance of Joby Aviation Inc., a company developing electric vertical take-off and landing (eVTOL) aircraft.
🎯 Investment Strategy
The fund uses derivatives and leveraged investment techniques to amplify the daily returns of the underlying JOBY stock. It does not seek to achieve its stated investment objective over periods longer than a single day.
✨ Key Features
- Provides 2x the daily performance of the JOBY stock
- Utilizes derivatives and leverage to magnify returns
- Resets exposure daily, not suitable for long-term holding
- Very small fund size with no performance history
⚠️ Primary Risks
- Significant daily volatility and risk of losses due to leverage
- Potential for divergence from underlying JOBY stock performance over time
- Lack of liquidity and trading volume in the ETF
- No long-term performance history to evaluate
👤 Best For
This ETF is intended for experienced, sophisticated investors with a very high risk tolerance who seek to make short-term, speculative bets on the daily price movements of the JOBY stock. It is not suitable for most retail investors, especially those with longer investment horizons or lower risk appetites.
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