Tradr 2X Long PONY Daily ETF (PONX)

The Tradr 2X Long PONY Daily ETF (PONX) is a leveraged single-stock fund from Tradr ETFs. It seeks to deliver two times the daily percentage change in the shares of Pony AI, a developer of autonomous driving technology and robotaxi services that trades under the ticker PONY.

The fund achieves its leveraged exposure through derivatives such as swaps and resets daily. Because the 2x objective applies to a single day, returns over longer periods can deviate meaningfully from twice the stock's return.

PONX is listed on Cboe BZX.