Tradr ETFs has increased leverage factors for three inverse ETFs, renaming them accordingly:
- SARK: Tradr 2X Short Innovation Daily ETF (from -1X to -2X leverage on ARKK)
- TSLQ: Tradr 2X Short TSLA Daily ETF (from -1X to -2X leverage on TSLA)
- NVDS: Tradr 1.5X Short NVDA Daily ETF (from -1.25X to -1.5X leverage on NVDA)
These changes aim to provide more powerful tools for sophisticated investors seeking to amplify high-conviction views. However, the increased leverage also heightens investment risks. Tradr ETFs emphasizes that these products are designed for short-term trading and active portfolio management, not suitable for all investors.
Tradr ETFs announced leverage increases for three of its inverse ETFs, targeting ARKK, Tesla, and NVIDIA. Pending SEC approval, these changes are expected to take effect on July 15, 2024. The leverage for SARK (targeting ARKK) will increase from -1X to -2X, TSLQ (targeting TSLA) from -1X to -2X, and NVDS (targeting NVDA) from -1.25X to -1.5X. These adjustments aim to meet the growing demand for higher leverage among active traders looking to amplify exposure, especially during volatile periods.
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