Key stats
About Tradr 2X Long Innovation 100 Quarterly ETF
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Inception date
Sep 30, 2024
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.
ISIN
US46092D7315
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. Before May 16, 2025, the fund was named Tradr 2X Long Triple Q Quarterly ETF.
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
ETF
Miscellaneous
Bonds, Cash & Other100.00%
Cash44.04%
ETF36.57%
Miscellaneous19.39%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QQQP assets under management is 12.84 M USD. It's risen 14.74% over the last month.
QQQP fund flows account for 8.73 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.
No, QQQP doesn't pay dividends to its holders.
QQQP shares are issued by SR Partners LLC under the brand Tradr. The ETF was launched on Sep 30, 2024, and its management style is Active.
QQQP expense ratio is 1.30% meaning you'd have to pay 1.30% of your investment to help manage the fund.
QQQP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQQP invests in cash.
QQQP price has risen by 3.48% over the last month, and its yearly performance shows a 25.32% increase. See more dynamics on QQQP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.45% over the last month, showed a 17.18% increase in three-month performance and has increased by 14.98% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.45% over the last month, showed a 17.18% increase in three-month performance and has increased by 14.98% in a year.
QQQP trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.