Tradr 2X Long BE Daily ETF (BEX)

The Tradr 2X Long BE Daily ETF (BEX) is a leveraged single-stock fund from Tradr ETFs, a sponsor of leveraged and inverse products for active traders. Its underlying stock is Bloom Energy Corporation, the company that manufactures solid oxide fuel cell systems for on-site electricity and electrolyzers for hydrogen production.

The fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in Bloom Energy's share price. It generally gains this exposure through swap agreements with financial institutions and rebalances at the end of each trading day.

Because the leverage resets daily, the fund's return over periods longer than a day can differ significantly from twice Bloom Energy's return over that period, especially in volatile markets. It is intended for short-term use.