Tradr ETFs launched a 2X Long NXPI Daily ETF seeking to deliver 200% of NXP Semiconductors’ daily performance. This launch is one of three first-to-market single-stock leveraged ETFs on Microchip, NXP and ON Semiconductor, expanding Tradr’s lineup to 63 leveraged funds with over $7 billion AUM.
Tradr ETFs introduced its 2X Long NXPI Daily ETF, designed to deliver twice the daily performance of NXP Semiconductors. The fund begins trading on Cboe and represents the firm’s commitment to offering single-stock leverage for sophisticated traders.
This launch accompanies two additional first-to-market 2X ETFs tracking Microchip Technology and ON Semiconductor, bringing Tradr’s total single-stock leveraged offerings to 63 funds. Combined assets under management across all leveraged ETFs now exceed $7 billion.
Each 2X ETF resets daily, magnifying both gains and losses over short periods. Investors must understand leverage mechanics, daily reset impacts and the potential for significant volatility before allocating capital to these funds.
