Tradr 2X Long RMBS Daily ETF (RMBX)

The Tradr 2X Long RMBS Daily ETF (RMBX) is an exchange-traded fund that seeks daily investment results equal to two times (200%) the daily percentage change in the share price of Rambus (RMBS). It is sponsored by Tradr ETFs.

Rambus is a semiconductor company that designs memory interface chips, security IP and interconnect technology used in data center servers and other computing systems. The fund does not hold a simple long position alone; it obtains its leveraged exposure mainly through swap agreements and similar derivatives tied to RMBS shares, along with cash and short-term instruments held as collateral.

Because the 2x target is reset every trading day, the fund is built for short-term daily exposure. Over periods longer than one day, compounding means its performance can differ significantly from twice the return of RMBS over the same period.