Tradr 2X Long APP Daily ETF (APPX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
13.34 USD
+0.42
(3.251%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 13.40 +0.06 (0.450%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:16 a.m. EDT
This instrument is a leveraged daily ETF that has suffered a catastrophic failure of its compounding mechanism, resulting in a permanent loss of over 90% of its value relative to its peak. The price history shows a violent drop from $157 to the current $12 range, followed by a period of consolidation where the asset has failed to recover. The recent price action is bearish, trading well below its moving averages, indicating continued weakness. The 'dividend' of 44% is a mathematical artifact of the massive price collapse rather than a sustainable income stream; paying such a high yield on a shrinking principal is a hallmark of a failing leveraged product, not a healthy investment. The options market confirms this distress, with traders buying deep out-of-the-money puts to hedge against further decay or a final breakdown. There is no fundamental business here to support a long-term hold, and the short-term outlook remains negative due to the structural damage to the ETF's performance. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.482679 |
| AutoETS | 0.482691 |
| AutoTheta | 0.483904 |
| MSTL | 0.487365 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 6.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.451 |
| Excess Kurtosis | -0.36 |
As of Aug. 22, 2026, 3:16 a.m. EDT: Speculators are aggressively positioning for a massive gap-down event. In the August expiration, out-of-the-money put volume is nearly 40x the call volume, with massive open interest walls at strikes significantly below the current price. While there is some call activity at higher strikes, the overwhelming capital flow is into downside protection, suggesting a consensus expectation of a sharp decline or a 'blow-off top' followed by a collapse.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-26 | 9.975 | 8.335423 |
| Attribute | Value |
|---|---|
| All Time High | 157.62 |
| All Time Low | 11.72 |
| Ask | 32.63 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 1,369,910 |
| Average Daily Volume3 Month | 867,061 |
| Average Volume | 867,061 |
| Average Volume10Days | 1,369,910 |
| Beta3 Year | 0.0 |
| Bid | 20.18 |
| Bid Size | 5 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.775 |
| Day Low | 13.16 |
| Dividend Yield | 44.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.13452 |
| Fifty Day Average Change | -11.794519 |
| Fifty Day Average Change Percent | -0.4692558 |
| Fifty Two Week Change Percent | -80.49765 |
| Fifty Two Week High | 157.62 |
| Fifty Two Week High Change | -144.28 |
| Fifty Two Week High Change Percent | -0.9153661 |
| Fifty Two Week Low | 11.72 |
| Fifty Two Week Low Change | 1.6199999 |
| Fifty Two Week Low Change Percent | 0.13822524 |
| Fifty Two Week Range | 11.72 - 157.62 |
| First Trade Date Milliseconds | 1,745,587,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.42 |
| Fullday Change Percent | 3.25077 |
| Fullday Price | 13.4 |
| Fund Family | AXS |
| Fund Inception Date | 1,745,452,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-04-25 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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 Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of APP, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified. |
| Long Name | Tradr 2X Long APP Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1934867829 |
| Nav Price | 12.9 |
| Net Assets | 59,445,264.0 |
| Net Expense Ratio | 1.36 |
| Open | 13.22 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.059999466 |
| Post Market Change Percent | 0.4497711 |
| Post Market Price | 13.4 |
| Post Market Time | 1,787,961,584 |
| Previous Close | 12.92 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.42 |
| Regular Market Change Percent | 3.25077 |
| Regular Market Day High | 14.775 |
| Regular Market Day Low | 13.16 |
| Regular Market Day Range | 13.16 - 14.775 |
| Regular Market Open | 13.22 |
| Regular Market Previous Close | 12.92 |
| Regular Market Price | 13.34 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 3,197,686 |
| Short Name | Tradr 2X Long APP Daily ETF |
| Source Interval | 15 |
| Symbol | APPX |
| Total Assets | 59,445,264 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -32.11811 |
| Trailing Three Month Returns | -32.11811 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.378746 |
| Two Hundred Day Average Change | -37.038746 |
| Two Hundred Day Average Change Percent | -0.73520577 |
| Type Disp | ETF |
| Volume | 3,197,686 |
| Yield | 0.4427 |
| Ytd Return | -78.77932 |