SPYQ

Tradr 2X Long SPY Quarterly ETF

$158.23

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Tradr 2X Long SPY Quarterly ETF seeks to provide 2x the daily performance of the S&P 500 Index on a quarterly basis.

Overview

ETF tracking Tradr 2X Long SPY Quarterly ETF

Category Leveraged

Issuer Other

Inception Date 2024-10-01

Market Cap $11.4M

Average Volume N/A

Dividend Yield N/A

52-Week Range $88.95 - $165.87

VWAP $158.49

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Tradr 2X Long SPY Quarterly ETF seeks to provide 2x the daily performance of the S&P 500 Index on a quarterly basis.

🎯 Investment Strategy

The ETF uses leveraged derivatives and other financial instruments to amplify the returns of the S&P 500 Index. It resets its leverage exposure on a quarterly basis.

✨ Key Features

Provides 2x the daily performance of the S&P 500 Index
Resets leverage exposure on a quarterly basis
Designed for short-term, speculative trading
High expense ratio and portfolio turnover

⚠️ Primary Risks

Significant risk of loss due to leverage and volatility
Potential for large tracking errors and divergence from the underlying index
Liquidity risk and wider bid-ask spreads
Counterparty risk with derivatives and other financial instruments

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a short-term investment horizon who are looking to make speculative bets on the S&P 500 Index. It is not recommended for long-term, buy-and-hold investors.