Tradr 2X Long UMC Daily ETF (UMCU)

The Tradr 2X Long UMC Daily ETF is a leveraged single-stock fund from Tradr ETFs. It seeks daily investment results equal to two times the daily performance of the American depositary shares of United Microelectronics Corporation (UMC), a semiconductor foundry headquartered in Hsinchu, Taiwan.

The fund uses swap agreements and other derivatives to obtain its leveraged exposure. Its 2x objective applies to one trading day, and daily rebalancing means results over longer holding periods can differ meaningfully from twice the return of UMC shares.

The fund is intended for short-term traders seeking amplified bullish exposure to a single chipmaker.