Tradr Files for 22 Leveraged Single-Stock ETFs Across Tech and Biotech

Tradr has filed with the SEC to introduce 22 leveraged single-stock ETFs, comprising 16 daily 2x long funds and six daily 2x inverse funds. The proposed long ETFs target Abivax (ABVX), Accenture (ACCV), Allegro MicroSystems (ALGM), Digital Turbine (APPS), Booking Holdings (BKNG), Cummins (CMI), Fastly (FSLY), GitLab (GTLB), Illumina (ILMN), MasTec (MTZ), Pandora (P), Quanta Services (PWR), and four other stocks. The inverse funds target Applied Materials (AMAT), Broadcom (AVGO), Intel (INTC), Lam Research (LRCX), Qualcomm (QCOM) and Snowflake (SNOW). The funds will primarily use swaps and options to deliver twice the daily return or inverse return of their underlying stocks, with daily rebalancing introducing compounding risks over longer holding periods. Each fund lists a 1.49% annual management fee, while ETF tickers remain undisclosed.