Tradr 2X Long MPWR Daily ETF (MPWX)

Tradr 2X Long MPWR Daily ETF is a single-stock leveraged fund from Tradr ETFs. It seeks daily investment results of two times (2x) the daily performance of Monolithic Power Systems, a semiconductor company specializing in power management and conversion chips.

The fund uses swaps and other derivatives to obtain its leveraged exposure. Because its objective is measured over a single day and leverage resets daily, returns over longer periods can differ substantially from twice the stock's return over the same span. Shares trade on Cboe BZX.