Tradr 2X Long Triple Q Quarterly ETFTradr 2X Long Triple Q Quarterly ETFTradr 2X Long Triple Q Quarterly ETF

Tradr 2X Long Triple Q Quarterly ETF

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Key stats


Assets under management (AUM)
‪14.75 M‬USD
Fund flows (1Y)
‪10.57 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.008%
Shares outstanding
‪515.00 K‬
Expense ratio
1.30%

About Tradr 2X Long Triple Q Quarterly ETF


Issuer
SR Partners LLC
Brand
Tradr
Home page
Inception date
Sep 30, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
AXS Investments LLC
Distributor
Alps Distributors, Inc.
QQQP provides 2x leveraged exposure to the quarterly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of QQQ. Unlike traditional ETFs, MQQQ introduces added volatility due to its lack of diversification and use of leverage. Holdings are rebalanced every three months to maintain the 200% exposure. However, if QQQs price drops by 35% or more within this period, the fund will rebalance early to protect against further losses, although this may prevent it from meeting its target return for that quarter To maximize results, the fund places its remaining cash in US government securities, money market funds, short-term bond ETFs, or high-quality corporate debt as collateral.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Exchange-specific
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
NASDAQ - listed
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash89.49%
Miscellaneous10.51%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.