Tradr 1X Short Innovation 100 Monthly ETFA (SMQ)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
47.40 USD
-0.76
(-1.568%) ⇩
(April 8, 2026, 10:31 a.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 12:11 a.m. EDT
Strong short-term bullish signal due to leverage leverage mechanics: As an inverse ETF, the significant price drop from ~$55.49 to ~$48.15 represents a double benefit (price drop + 1-month reset fee). The 14+ day decline in a 45-day window is rare for leveraged inverse products and aligns with the model's high rejection (low Ljung-Box p-value), indicating the price movement is statistically anomalous and not random, creating a high-conviction value/requirement accumulation opportunity. Long-term is a 0 due to the inherent compounding drag of leveraged inverse structures over time. Dividend is 1 as the single recent payment (0.124) is negligible relative to the asset class volatility. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.035889 |
| AutoTheta | 0.042690 |
| MSTL | 0.047760 |
| AutoETS | 0.047818 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 5.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.944 |
| Excess Kurtosis | 0.24 |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.124 | 0.248592 |
| Attribute | Value |
|---|---|
| All Time High | 55.488 |
| All Time Low | 47.397 |
| Ask | 71.92 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 120 |
| Average Daily Volume3 Month | 225 |
| Average Volume | 225 |
| Average Volume10Days | 120 |
| Beta3 Year | 0.0 |
| Bid | 22.94 |
| Bid Size | 100 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 47.397 |
| Day Low | 47.397 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 51.68532 |
| Fifty Day Average Change | -4.2883224 |
| Fifty Day Average Change Percent | -0.08296983 |
| Fifty Two Week Change Percent | -4.7564507 |
| Fifty Two Week High | 55.488 |
| Fifty Two Week High Change | -8.091 |
| Fifty Two Week High Change Percent | -0.14581531 |
| Fifty Two Week Low | 47.397 |
| Fifty Two Week Low Change | 0.0 |
| Fifty Two Week Low Change Percent | 0.0 |
| Fifty Two Week Range | 47.397 - 55.488 |
| First Trade Date Milliseconds | 1,764,685,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,764,288,000 |
| 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 inverse exposure to the calendar month performance of the Invesco QQQ Trust. The fund is an actively-managed ETF that seeks to achieve on a calendar month basis, before fees and expenses, -100% performance of the Invesco QQQ Trust for a full calendar month, and not for any other period, by entering into one or more swaps on the Invesco QQQ Trust. |
| Long Name | Tradr 1X Short Innovation 100 Monthly ETFA |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969648478 |
| Nav Price | 47.45 |
| Net Assets | 810,573.0 |
| Net Expense Ratio | 1.5 |
| Open | 51.39 |
| Phone | (414) 299-2295 |
| Previous Close | 48.152 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.755001 |
| Regular Market Change Percent | -1.56795 |
| Regular Market Day High | 47.397 |
| Regular Market Day Low | 47.397 |
| Regular Market Day Range | 47.397 - 47.397 |
| Regular Market Open | 51.39 |
| Regular Market Previous Close | 48.152 |
| Regular Market Price | 47.397 |
| Regular Market Time | 1,775,658,675 |
| Regular Market Volume | 64 |
| Short Name | Tradr 1X Short Innovation 100 M |
| Source Interval | 15 |
| Symbol | SMQ |
| Total Assets | 810,573 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 7.22222 |
| Trailing Three Month Returns | 7.22222 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.86072 |
| Two Hundred Day Average Change | -3.4637222 |
| Two Hundred Day Average Change Percent | -0.06810211 |
| Type Disp | ETF |
| Volume | 64 |
| Ytd Return | 7.22222 |