Tradr 2X Long TSEM Daily ETF (TSEU)

The Tradr 2X Long TSEM Daily ETF (TSEU) is a leveraged single-stock fund from Tradr ETFs that seeks daily investment results equal to two times (200%) the daily percentage change in the share price of Tower Semiconductor (TSEM), an Israel-based specialty foundry that produces analog, mixed-signal and power semiconductors for other chip companies.

The fund achieves its leveraged exposure through swaps and other derivatives. Because it targets twice the return of the stock for a single day only and rebalances daily, its returns over longer holding periods can diverge significantly from twice Tower Semiconductor's performance. The ETF trades on Cboe BZX.