Trading--Leveraged Equity · NASDAQ · USD · Data as of 2026-07-31
AUM
$112.24M
Expense ratio
1.30%
Yield
24.69%
YTD return
-61.95%
Last price
$23.55
Leveraged · Coverage 63% · medium
Today
51.1
Outlook
49.0
Block A (composite-derived)
46.9
Block C (market behavior)
52.5
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
46.9
Coverage 63% · medium
Liquidity
83.3
Expenses
25.0
Performance
66.0
Volatility
5.9
Dividend
58.0
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Editorial coverage for APPX is coming soon — copy is rolling out to the broader universe ETF-by-ETF in 2026Q2.
Tradr 2x Long App Daily ETF is a leveraged exchange-traded fund designed to provide investors with twice the daily return of an index comprised of application software companies. Its primary function is to offer intensified exposure to the performance of the app development sector, which includes manufacturers and developers of various application software. This ETF caters to investors seeking accelerated growth by magnifying returns on short-term investments in the dynamic and fast-paced app industry sector. Equipped with leverage, the Tradr 2x Long App Daily ETF is a tool for trading strategies that capitalize on daily movements within the app sector, rather than a long-term holding solution. The fund's value is intrinsically linked to the technological advancements and innovations in application software, impacting industries ranging from mobile technology to enterprise solutions. Its importance in the market lies in its ability to enable sophisticated traders to exploit the rapid changes and potential opportunities that arise within the largely volatile tech industry. This ETF demands close monitoring by traders due to the compounded risks associated with leveraged funds, which track daily price swings of underlying assets significantly.
30-day change
-$115.66M
90-day change
—
Current AUM: $112,236,952. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for APPX are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.