Tradr 2X Long MRAM Daily ETF (MRAX)

Tradr 2X Long MRAM Daily ETF is a single-stock leveraged fund from Tradr ETFs. It seeks daily investment results of two times (2x) the daily performance of Everspin Technologies, a developer of magnetoresistive random access memory (MRAM) products.

The fund uses swaps and other derivatives to achieve its leveraged exposure. Its target applies only to single-day returns, and with daily resets, performance over longer periods can diverge meaningfully from twice the stock's cumulative change. Shares trade on Cboe BZX.