Tradr Debuts 2X Short SMR ETF as NuScale Power Slides 56% in Six Months
Tradr ETFs introduced SMZ, a Cboe-listed 2× inverse ETF targeting NuScale Power, aiming to deliver –200% of the stock's daily performance starting February 11. NuScale shares have tumbled over 56% in six months and 35% in a year, spurring demand for amplified bearish strategies.
1. ETF Launch and Listing
On February 11, 2026, Tradr ETFs launched SMZ, its Cboe-listed 2X Short SMR Daily ETF offering inverse exposure to NuScale Power stock. The fund began trading with the objective of magnifying bearish exposure to SMR shares.
2. Investment Strategy and Leverage
SMZ seeks to deliver –200% of NuScale Power’s daily performance before fees and expenses, allowing traders to capitalize on intraday declines without using margin accounts. It is the first single-stock inverse leveraged ETF tied specifically to NuScale Power.
3. NuScale Power's Recent Performance
NuScale Power shares have declined more than 56% over the past six months and over 35% in the past 12 months, reflecting volatility in small modular reactor technology. These pronounced moves have increased interest in short-term tactical bearish vehicles.
4. Tradr's Leveraged ETF Portfolio Growth
Tradr’s leveraged lineup now comprises 64 ETFs with over $2 billion in assets under management across bullish and bearish strategies. Its existing leveraged long ETFs on Bloom Energy and NuScale have amassed about $150 million since launch.