Tradr 1.5X Short NVDA Daily ETFTradr 1.5X Short NVDA Daily ETFTradr 1.5X Short NVDA Daily ETF

Tradr 1.5X Short NVDA Daily ETF

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Key stats


Assets under management (AUM)
‪47.04 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
31.79%
Discount/Premium to NAV
Shares outstanding
‪4.12 M‬
Expense ratio
1.15%

About Tradr 1.5X Short NVDA Daily ETF


Issuer
SR Partners LLC
Brand
Tradr
Home page
Inception date
Jul 14, 2022
Structure
Open-Ended Fund
Index tracked
NVIDIA Corporation
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
ISIN
US46144X3706
NVDS is a short-term tactical tool that aims to deliver -1.5x the price return, less fees and expenses, for a single day of Nvidia stock. Purchasers holding shares for longer than a day need to monitor and rebalance their position frequently to attempt to achieve the -1.5x multiple. Aside from the inverse exposure, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. On May 15, 2024, the fund changed its name from AXS 1.25X NVDA Bear Daily ETF to Tradr 1.25X NVDA Bear Daily ETF. The fund changed its name again on July 15, 2024, to Tradr 1.5X Short NVDA Daily ETF.

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Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash101.63%
Miscellaneous−1.63%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NVDS assets under management is ‪47.04 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NVDS invests in cash. See more details in our Analysis section.
NVDS expense ratio is 1.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, NVDS pays dividends to its holders with the dividend yield of 31.79%.
NVDS shares are issued by SR Partners LLC
NVDS follows the NVIDIA Corporation. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 14, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.