Tradr 2X Long WDC Daily ETF (WDCX)

The Tradr 2X Long WDC Daily ETF is a leveraged single-stock fund from Tradr ETFs that seeks to deliver twice (2x) the daily percentage change in the share price of Western Digital Corporation (WDC), the data storage company known for its hard disk drives.

The fund uses swaps and other derivatives to achieve its leveraged exposure and rebalances daily. Its objective is measured over one trading day only, so the effects of compounding mean that performance over longer periods can deviate substantially from twice the return of Western Digital stock.

The ETF is intended as a short-term trading instrument offering amplified exposure to a single company.