ETF report · Cboe BZX
Tradr 2X Long USAR Daily ETF (USAX)
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USAX ETF chart
Fund facts
- Issuer
- Tradr ETFs
- Listed on
- Cboe BZX
Key statistics
About USAX
The Tradr 2X Long USAR 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 common stock of USA Rare Earth, Inc. (USAR), a company developing a domestic rare earth magnet manufacturing business and a rare earth deposit in Texas.
The fund obtains its leveraged exposure through swap agreements and other derivatives. The 2x target applies to a single trading day, and because exposure resets daily, longer-term returns can differ significantly from twice the stock's return.
The fund is designed for short-term traders seeking amplified bullish exposure to one company.
Quotes may be delayed. Market data is provided for information only and is not investment advice; see our disclaimer.