Tradr 2X Short APLD Daily ETF (APLZ)

The Tradr 2X Short APLD Daily ETF (APLZ) is an inverse leveraged single-stock fund from Tradr ETFs. It seeks daily investment results, before fees and expenses, equal to -200% of the daily percentage change in the share price of Applied Digital Corporation.

The fund is built to move in the opposite direction of Applied Digital shares on a daily basis, at roughly twice the magnitude, using swap agreements and holding cash and Treasury instruments as collateral. Applied Digital develops and operates data centers for high-performance and AI computing.

Because the inverse 2x objective resets daily, results over periods longer than one day can differ widely from twice the inverse of the stock's return over that time.