Tradr 2X Long IBM Daily ETF (IBX)

The Tradr 2X Long IBM Daily ETF is a single-stock leveraged fund from Tradr ETFs. It seeks daily investment results equal to two times (200%) the daily percentage change in the share price of International Business Machines Corporation (IBM), the technology and consulting company.

To obtain this exposure, the fund typically uses swap agreements and similar derivatives referencing IBM stock rather than simply holding the shares. Its leverage target resets each trading day, so its objective applies to single-day returns only. Over periods longer than one day, compounding means the fund's performance can differ meaningfully from twice the return of IBM, especially when the stock is volatile. IBX is intended as a short-term trading tool for traders seeking magnified exposure to IBM's daily moves.