What is the ISIN of Tradr 2X Short SMR Daily ETF?

The ISIN of Tradr 2X Short SMR Daily ETF is US46092D1607.

What does leveraged daily exposure mean for Tradr 2X Short SMR Daily ETF?

Tradr 2X Short SMR Daily ETF aims to deliver 2 times the daily return of SMR (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Tradr 2X Short SMR Daily ETF?

Volatility decay (also called compounding drag) occurs because Tradr 2X Short SMR Daily ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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Tradr 2X Short SMR Daily ETF (SMZ) Price

Tradr 2X Short SMR Daily ETF Price

— EUR

TER1.49 %

AUM2.93 M USD

CurrencyUSD

Funds Launch2/10/2026

Tradr 2X Short SMR Daily ETF Price

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Underlying

SMR

SMR2X Short Daily

SMR

Tradr 2X Short SMR Daily ETF provides 2X inversedaily exposure to SMR.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.