Key stats
About Tradr 2X Long APP Daily ETF
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Inception date
Apr 24, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US46092D1037
APPX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of AppLovin Corp. (APP), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror APPs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold APP stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash96.72%
Miscellaneous3.28%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
APPX assets under management is 98.13 M USD. It's risen 30.33% over the last month.
APPX fund flows account for 24.36 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, APPX pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 30, 2025) amounted to 3.32 USD. The dividends are paid annually.
APPX shares are issued by SR Partners LLC under the brand Tradr. The ETF was launched on Apr 24, 2025, and its management style is Active.
APPX expense ratio is 1.30% meaning you'd have to pay 1.30% of your investment to help manage the fund.
APPX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
APPX invests in cash.
APPX price has fallen by −57.22% over the last month, and its yearly performance shows a 87.02% increase. See more dynamics on APPX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −57.26% over the last month, have fallen by −57.26% over the last month, showed a −45.94% decrease in three-month performance and has decreased by −54.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −57.26% over the last month, have fallen by −57.26% over the last month, showed a −45.94% decrease in three-month performance and has decreased by −54.65% in a year.
APPX trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.