SMU

Tradr 2X Long SMR Daily ETF

$5.98
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

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

Overview

ETF tracking Tradr 2X Long SMR Daily ETF

Category Leveraged
Issuer Other
Inception Date 2025-07-11
Market Cap $24.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $5.98 - $48.83
VWAP $5.97

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to provide leveraged exposure to the SMR index. It aims to generate returns that are twice the daily performance of the underlying index.

✨ Key Features

  • Provides 2x leveraged exposure to the SMR index on a daily basis
  • Utilizes derivatives and other financial instruments to achieve its leveraged objective
  • Resets its leverage exposure on a daily basis, which can lead to compounding effects over longer holding periods
  • Designed for short-term trading and not suitable for long-term buy-and-hold investors

⚠️ Primary Risks

  • Leveraged funds can experience significant losses in a short period of time, especially in volatile markets
  • Daily rebalancing can lead to compounding effects that may not match the long-term performance of the underlying index
  • Derivative instruments used by the fund carry counterparty and liquidity risks
  • Lack of a proven track record, as the fund is newly launched with no historical performance data

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who have a short-term trading horizon and understand the risks associated with leveraged products. It is not suitable for long-term, buy-and-hold investors or those with a low-risk tolerance.