Tradr Files 2X ETFs for Memory Chips, Quantum Computing and Space

Tradr has filed for three actively managed ETFs seeking 200% of the daily performance of equal-weighted, three-stock thematic portfolios. The semiconductor-memory strategy targets Micron (MU), Sandisk (SNDK) and SK hynix (SKHY); the quantum-computing fund targets IonQ (IONQ), D-Wave Quantum (QBTS) and Rigetti Computing (RGTI); and the space strategy targets AST SpaceMobile (ASTS), Rocket Lab (RKLB) and SPCX. AXS Investments will review each basket at least quarterly and may replace constituents. The ETFs expect to obtain leverage primarily through swaps, supplemented by options or direct stock holdings, and rebalance daily to maintain 2X exposure. Because of daily compounding, longer-term returns can differ substantially from twice the performance of the underlying baskets.