Tradr 2X Short BE Daily ETF (BEZ)

The Tradr 2X Short BE Daily ETF (BEZ) is a leveraged inverse single-stock fund from Tradr ETFs. Its underlying stock is Bloom Energy Corporation, the developer of solid oxide fuel cell power generation systems and electrolyzers.

The fund seeks daily investment results, before fees and expenses, equal to negative two times (-200%) the daily percentage change in Bloom Energy's share price. In other words, it aims to rise roughly twice as much as the stock falls on a given day, and to fall roughly twice as much as the stock rises. Exposure is typically obtained through swap agreements and is reset each trading day.

Because the objective is daily, the fund's performance over longer holding periods can differ substantially from negative two times the stock's return over the same period due to compounding. It is designed for short-term trading.