Tradr 2X Long LWLG Daily ETF (LWLX)

Tradr 2X Long LWLG Daily ETF is a leveraged single-stock fund from Tradr ETFs. It seeks to deliver 200% of the daily percentage change in the share price of Lightwave Logic, Inc. (LWLG), a Colorado-based technology company developing electro-optic polymer materials and modulator devices intended for high-speed data center and telecommunications networks.

The fund obtains its leveraged exposure mainly through swap agreements and other derivatives, holding cash and short-term instruments as collateral, and rebalances that exposure at the end of every trading day.

Because the 2X target is measured daily, returns over longer periods compound and can diverge sharply from twice Lightwave Logic's cumulative return, an effect magnified by the stock's volatility. The fund is intended for short-term trading.