Tradr 2X Long NVTS Daily ETF (NVTX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
15.98 USD
-3.22
(-16.771%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 15.62 -0.36 (-0.360%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5 a.m. EDT
This leveraged ETF is currently trapped in a severe structural decline, having lost nearly 90% of its value over the trailing fifty-two weeks. While the underlying semiconductor business (Navitas) is rallying, the daily compounding mechanics of a 2x leveraged product have erased almost all prior gains, leaving the fund at a fraction of its peak. The recent price action shows a volatile but ultimately bearish trend, struggling to break above the 50-day moving average despite a few intraday spikes. The options market confirms this pessimism, with traders aggressively buying protection at lower levels while ignoring realistic upside targets. The recent dividend payment is negligible in the context of the massive capital destruction and does not offset the risk of further decay. For a leveraged vehicle, the long-term outlook is neutral-to-negative due to the compounding drag, making it unsuitable for buy-and-hold strategies until the underlying asset recovers significantly. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.741052 |
| AutoETS | 0.741059 |
| AutoTheta | 0.771704 |
| MSTL | 0.798573 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 2.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.066 |
| Excess Kurtosis | 0.70 |
As of Aug. 22, 2026, 5 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., $6, $9, $18), creating a 'floor' expectation. Conversely, call activity is sparse and concentrated at extremely distant strikes ($240+, $280+), indicating a belief in massive, unlikely upside rather than a near-term rally. The implied volatility skew is inverted, with deep out-of-the-money puts trading at premiums far exceeding calls, suggesting the market prices in a high probability of a sharp decline or stagnation.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-17 | 3.515 | 15.53248 |
| Attribute | Value |
|---|---|
| All Time High | 210.0 |
| All Time Low | 12.0 |
| Ask | 16.16 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 638,380 |
| Average Daily Volume3 Month | 363,342 |
| Average Volume | 363,342 |
| Average Volume10Days | 638,380 |
| Beta3 Year | 0.0 |
| Bid | 15.68 |
| Bid Size | 600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.72 |
| Day Low | 15.42 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.48956 |
| Fifty Day Average Change | -12.50956 |
| Fifty Day Average Change Percent | -0.4390928 |
| Fifty Two Week Change Percent | -39.39854 |
| Fifty Two Week High | 210.0 |
| Fifty Two Week High Change | -194.02 |
| Fifty Two Week High Change Percent | -0.9239048 |
| Fifty Two Week Low | 12.0 |
| Fifty Two Week Low Change | 3.9799995 |
| Fifty Two Week Low Change Percent | 0.33166662 |
| Fifty Two Week Range | 12.0 - 210.0 |
| First Trade Date Milliseconds | 1,757,424,600,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -3.2200012 |
| Fullday Change Percent | -16.77084 |
| Fullday Price | 15.62 |
| Fund Family | AXS |
| Fund Inception Date | 1,757,289,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| 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 NVTS. The fund is non-diversified. |
| Long Name | Tradr 2X Long NVTS Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1956371152 |
| Nav Price | 19.2627 |
| Net Assets | 21,143,110.0 |
| Net Expense Ratio | 2.81 |
| Open | 18.69 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.35999966 |
| Post Market Change Percent | -2.252814 |
| Post Market Price | 15.62 |
| Post Market Time | 1,787,961,513 |
| Previous Close | 19.2 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.22 |
| Regular Market Change Percent | -16.7708 |
| Regular Market Day High | 18.72 |
| Regular Market Day Low | 15.42 |
| Regular Market Day Range | 15.42 - 18.72 |
| Regular Market Open | 18.69 |
| Regular Market Previous Close | 19.2 |
| Regular Market Price | 15.98 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 979,064 |
| Short Name | Tradr 2X Long NVTS Daily ETF |
| Source Interval | 15 |
| Symbol | NVTX |
| Total Assets | 21,143,110 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -75.27961 |
| Trailing Three Month Returns | -75.27961 |
| Triggerable | 1 |
| Two Hundred Day Average | 42.667416 |
| Two Hundred Day Average Change | -26.687416 |
| Two Hundred Day Average Change Percent | -0.62547535 |
| Type Disp | ETF |
| Volume | 979,064 |
| Ytd Return | -25.50045 |