Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of APP. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on APP. The fund is non-diversified.
Frequently asked questions
What is Tradr 2X Long APP Daily ETF (APPX) current stock price?
As of the latest data, Tradr 2X Long APP Daily ETF stock price is $16.14, with a previous close of $15.20. Tradr 2X Long APP Daily ETF gained $0.94 in the last trading session, representing a 6.18% increase.
Does Tradr 2X Long APP Daily ETF (APPX) pay dividends?
Yes. Tradr 2X Long APP Daily ETF pays annual dividends with an annualized yield of 61.8% and an estimated annual payout of $9.98 per share.