Tradr Debuts 200% Long ETF Tracking Centrus Energy
Tradr ETFs launched the 2X Long LEUX ETF on Centrus Energy (NYSE: LEU), the first fund to offer 200% daily leverage on the company’s stock. The launch expands Tradr's lineup to 69 leveraged single-stock ETFs representing over $2 billion in assets under management.
1. Tradr Unveils 2X Long LEUX ETF
Tradr ETFs launched a new 2X Long LEUX ETF on Cboe Global Markets today, aiming to deliver twice the daily performance of Centrus Energy stock. This marks the first single-stock leveraged ETF offering 200% exposure on Centrus Energy, enhancing options for professional traders seeking precise market views.
2. Expansion of Leveraged ETF Suite
With this latest listing, Tradr’s lineup grows to 69 leveraged single-stock ETFs covering over $2 billion in assets under management. The product suite enables investors to access amplified long or inverse positions without margin accounts, supporting Tradr's strategy to innovate trading tools for sophisticated market participants.
3. Key Risks and Considerations
Investors should note that the fund’s daily reset feature can cause divergence from Centrus Energy’s longer-term performance, especially in volatile markets. Leveraged ETFs magnify losses if the underlying stock moves adversely by more than 50% in a single day, risking total principal loss.