2x Stellar ETF (STLU)

The 2x Stellar ETF is a leveraged exchange-traded fund listed on Cboe BZX. Its name suggests it seeks twice the daily performance of Stellar (XLM), the native digital asset of the Stellar network, a blockchain designed for fast, low-cost cross-border payments and asset tokenization.

Leveraged funds of this kind typically obtain exposure through futures, swaps or other derivatives and reset their leverage each day, so the 2X objective applies to single-day returns only. Over longer periods, returns can differ significantly from twice the underlying asset's performance because of compounding.