| Browse All

Tradr 2X Long Innovation 100 Monthly ETF (MQQQ)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
194.03 USD

Short-term: ★★★★☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 12:24 a.m. EDT

While the recent price action shows some volatility (upward from March lows to mid-April near all-time highs), the underlying instrument is a highly leveraged leveraged ETF (2x innovation). Leveraged ETFs suffer from compounding drag over multi-year holds, rendering any 'long-term' holding strategy fundamentally flawed. The low capitalization and trading volume (average 9k vs 84k today) create high slippage and liquidity risks. The negative short-term forecast (-1.1%) combined with the stagnant options flow suggests the current rally is technical noise rather than sustained momentum; avoid this on a long-term basis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.095421
AutoETS0.095938
AutoARIMA0.095939
AutoTheta0.113397

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 49%
H-stat 3.76
Ljung-Box p 0.000
Jarque-Bera p 0.318
Excess Kurtosis 0.63

As of April 19, 2026, 12:24 a.m. EDT: Options activity is extremely sparse and fragmented. The only notable positioning is a long put placed at the $140 strike (June expiration) representing roughly 28% downside exposure relative to current levels. Meanwhile, call activity is almost non-existent, with the closest meaningful options (June) showing 0 options traded at strikes above parity. This indicates a lack of bullish conviction and a specific, isolated hedge or bearish view rather than broad directional sentiment.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.96% 1.96%
Dividend History
Date Dividend Yield %
2025-12-23 3.659 1.964226
2024-12-23 0.035 0.024224
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 200.38
All Time Low 83.0
Ask 250.38
Ask Size 2
Average Daily Volume10 Day 10,860
Average Daily Volume3 Month 10,372
Average Volume 10,372
Average Volume10Days 10,860
Beta3 Year 0.0
Bid 139.14
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 194.5292
Day Low 193.3101
Dividend Yield 0.0
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 172.08939
Fifty Day Average Change 21.940613
Fifty Day Average Change Percent 0.12749544
Fifty Two Week Change Percent 89.69186
Fifty Two Week High 200.38
Fifty Two Week High Change -6.350006
Fifty Two Week High Change Percent -0.03168982
Fifty Two Week Low 99.14
Fifty Two Week Low Change 94.89
Fifty Two Week Low Change Percent 0.9571313
Fifty Two Week Range 99.14 - 200.38
First Trade Date Milliseconds 1,725,370,200,000
Full Exchange Name NasdaqGM
Fund Family AXS
Fund Inception Date 1,724,976,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-09-03
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 calendar month performance of the Invesco QQQ Trust. The fund will enter into one or more swaps 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 the Invesco QQQ Trust. The fund is non-diversified.
Long Name Tradr 2X Long Innovation 100 Monthly ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1881639273
Nav Price 194.5309
Net Assets 101,673,648.0
Net Expense Ratio 0.95
Open 193.85
Phone (414) 299-2295
Previous Close 194.03
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 194.5292
Regular Market Day Low 193.3101
Regular Market Day Range 193.3101 - 194.5292
Regular Market Open 193.85
Regular Market Previous Close 194.03
Regular Market Price 194.03
Regular Market Time 1,776,715,200
Regular Market Volume 158
Short Name Tradr 2X Long Innovation 100 Mo
Source Interval 15
Symbol MQQQ
Total Assets 101,673,648
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -13.30518
Trailing Three Month Returns -13.30518
Triggerable 1
Two Hundred Day Average 175.8857
Two Hundred Day Average Change 18.144302
Two Hundred Day Average Change Percent 0.10315962
Type Disp ETF
Volume 158
Yield 0.0
Ytd Return -13.30518