Tradr 2X Long CIEN Daily ETF (CIEX)

The Tradr 2X Long CIEN Daily ETF (CIEX) is a leveraged single-stock exchange-traded fund from Tradr ETFs that seeks daily results equal to twice the daily performance of Ciena Corporation (CIEN) common stock.

Ciena makes optical networking systems, routing and switching platforms and software used by telecom operators, cloud companies and enterprises. The fund obtains its leveraged exposure through derivatives and rebalances every day, so its 2x target applies to single-day returns only. Over longer holding periods, compounding can cause performance to diverge significantly from twice the stock's return.