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Tradr 2X Long SMR Daily ETF (SMU)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
6.14 USD -0.68 (-9.905%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 6.10 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:18 a.m. EDT

This instrument is a leveraged daily ETF on a newly listed asset with zero historical price data beyond a single anchor point, making traditional trend analysis impossible. The massive 52-week range (from $4.19 to $703.50) indicates extreme volatility and likely a recent listing event or data anomaly rather than sustained performance. The recent 14-day price action shows the fund trading near its lows ($5.48-$7.33 range), significantly below the 50-day average, reflecting a lack of recent momentum. While the options market shows defensive put buying, the underlying asset has no dividend history and no multi-year track record to support a long-term investment thesis. The statistical forecast model is explicitly unreliable for this short history, so the only actionable signal is the inherent risk of holding a leveraged product without a proven underlying trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.153892
AutoARIMA0.303887
AutoETS0.305071
MSTL0.364645

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 34%
H-stat 0.30
Ljung-Box p 0.000
Jarque-Bera p 0.286
Excess Kurtosis -0.80

As of Aug. 22, 2026, 4:18 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 15, 18, 24, 28) relative to call volume, suggesting a fear of significant downside. However, there is notable new call volume at strikes 7 and 30, indicating some speculative bets on volatility expansion or a rebound, though the overall structure leans toward hedging against a drop.


Info Dump

Attribute Value
All Time High 780.0
All Time Low 4.19
Ask 6.18
Ask Size 400
Average Daily Volume10 Day 1,473,430
Average Daily Volume3 Month 1,802,450
Average Volume 1,802,450
Average Volume10Days 1,473,430
Beta3 Year 0.0
Bid 6.12
Bid Size 400
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.905
Day Low 5.9706
Dividend Yield 0.0
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.7808
Fifty Day Average Change -0.6408
Fifty Day Average Change Percent -0.09450213
Fifty Two Week Change Percent -98.24772
Fifty Two Week High 703.5
Fifty Two Week High Change -697.36
Fifty Two Week High Change Percent -0.9912722
Fifty Two Week Low 4.19
Fifty Two Week Low Change 1.9499998
Fifty Two Week Low Change Percent 0.46539375
Fifty Two Week Range 4.19 - 703.5
First Trade Date Milliseconds 1,752,240,600,000
Full Exchange Name Cboe US
Fullday Change -0.675
Fullday Change Percent -9.90462
Fullday Price 6.1
Fund Family AXS
Fund Inception Date 1,752,105,600
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 SMR. The Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of SMR, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified.
Long Name Tradr 2X Long SMR Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1948601421
Nav Price 6.7836
Net Assets 45,028,416.0
Net Expense Ratio 1.3
Open 6.64
Phone (414) 299-2295
Post Market Change -0.03999996
Post Market Change Percent -0.6514652
Post Market Price 6.1
Post Market Time 1,787,961,342
Previous Close 6.815
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.675
Regular Market Change Percent -9.90462
Regular Market Day High 6.905
Regular Market Day Low 5.9706
Regular Market Day Range 5.9706 - 6.905
Regular Market Open 6.64
Regular Market Previous Close 6.815
Regular Market Price 6.14
Regular Market Time 1,787,947,200
Regular Market Volume 1,211,703
Short Name Tradr 2X Long SMR Daily ETF
Source Interval 15
Symbol SMU
Total Assets 45,028,416
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -66.06175
Trailing Three Month Returns -66.06175
Triggerable 1
Two Hundred Day Average 26.39945
Two Hundred Day Average Change -20.25945
Two Hundred Day Average Change Percent -0.7674194
Type Disp ETF
Volume 1,211,703
Yield 0.0
Ytd Return -82.41764