Tradr 2X Short CBRS Daily ETF (CBRZ)

The Tradr 2X Short CBRS Daily ETF (CBRZ) is a single-stock inverse fund that seeks to deliver twice the inverse (-200%) of the daily performance of the stock trading as CBRS, which belongs to Cerebras Systems, a developer of AI computing hardware built around wafer-scale processors.

The fund rebalances daily and targets -2x the stock's return over a single trading day. Over longer periods, compounding can cause its performance to diverge markedly from -2x the stock's cumulative change. It uses swaps and other derivatives to establish its short exposure.

CBRZ is sponsored by Tradr ETFs and is the bearish counterpart to the Tradr 2X Long CBRS Daily ETF.