Tradr Launches 2X Daily Leveraged ETF Tracking Microchip Technology
MCHP•Tradr ETFs has launched the Tradr 2X Long MCHP Daily ETF to deliver 200% of Microchip Technology’s single-stock performance on a daily basis. This product joins two other first-to-market single-stock leveraged funds and comes as part of Tradr’s 63 leveraged ETFs managing over $7 billion in assets.
1. Launch of Tradr 2X Long MCHP Daily ETF
Tradr has listed the Tradr 2X Long MCHP Daily ETF (Cboe: MCHU) to deliver twice the daily performance of Microchip Technology shares. The ETF represents the first time a 2X leveraged product has tracked a single Microchip position, opening for trading alongside similar NXP and ON Semiconductor funds.
2. Leverage Strategy and Risk Profile
The fund employs derivatives to magnify gains or losses by 200% each trading day, eliminating the need for margin or options for investors. Its daily reset mechanism targets sophisticated traders but increases volatility and raises the potential for a total loss if the underlying moves more than 50% in a single session.
3. Expansion of Tradr’s Single-Stock ETF Portfolio
This launch expands Tradr’s suite to 63 single-stock leveraged ETFs, joining products on NVIDIA, Navitas and Astera Labs, and pushes total assets under management past $7 billion. The addition underscores growing demand for AI infrastructure exposure through precision trading tools.
