Tradr 2X Short META Daily ETF (METQ)

The Tradr 2X Short META Daily ETF is an inverse leveraged single-stock fund from Tradr ETFs. It seeks daily investment results, before fees and expenses, of negative two times (-200%) the daily percentage change in the share price of Meta Platforms, the company behind Facebook, Instagram and WhatsApp.

The fund gains its short exposure through swap agreements and other derivatives and rebalances daily. It targets the -2x multiple for one trading day only; over longer periods, compounding can cause its performance to differ substantially from twice the inverse of Meta's cumulative return. When Meta shares rise, the fund is designed to lose value.