Tradr 2X Long SPY Quarterly ETF (SPYQ)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
195.77 USD
+1.56
(0.804%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 195.77 -1.36 (-1.359%) ⇩ (Aug. 28, 2026, 4:10 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 6:03 a.m. EDT
This instrument is a leveraged quarterly ETF tracking the S&P 500, meaning its performance is entirely dependent on the underlying index rather than intrinsic business fundamentals. The recent price action shows the asset trading near its 52-week highs, having rallied significantly from the August 2025 anchor, which suggests strong underlying momentum in the broader market. However, the leverage inherent in a 2x product amplifies both gains and losses, making it unsuitable for long-term holding strategies where compounding decay and volatility drag erode value over time. The statistical forecast model indicates a slight negative lean for the coming month, while the options market offers no clarity due to a near-total absence of trading activity. Given the lack of independent earnings, the reliance on market beta, and the specific warning in recent headlines regarding potential year-end corrections and 'bubble' risks, a neutral stance is prudent. Investors seeking exposure to the S&P 500 should consider the underlying index or a standard leveraged daily product rather than a quarterly reset vehicle in this uncertain environment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.029326 |
| AutoARIMA | 0.029771 |
| AutoETS | 0.031602 |
| AutoTheta | 0.041011 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 1.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.843 |
| Excess Kurtosis | -0.03 |
As of Aug. 22, 2026, 6:03 a.m. EDT: Options activity is extremely sparse with negligible open interest and volume across all expirations. There is no meaningful positioning in either calls or puts to indicate a specific directional bias from speculators. Implied volatility remains flat at low levels, suggesting a lack of hedging or speculative urgency.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-23 | 0.271 | 0.164255 |
| Attribute | Value |
|---|---|
| All Time High | 200.5 |
| All Time Low | 83.15 |
| Ask | 253.73 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,470 |
| Average Daily Volume3 Month | 7,746 |
| Average Volume | 7,746 |
| Average Volume10Days | 1,470 |
| Beta3 Year | 0.0 |
| Bid | 143.46 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 197.14 |
| Day Low | 195.7707 |
| 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 | 189.32408 |
| Fifty Day Average Change | 6.4466248 |
| Fifty Day Average Change Percent | 0.034050737 |
| Fifty Two Week Change Percent | 34.654163 |
| Fifty Two Week High | 200.5 |
| Fifty Two Week High Change | -4.729294 |
| Fifty Two Week High Change Percent | -0.0235875 |
| Fifty Two Week Low | 135.47 |
| Fifty Two Week Low Change | 60.300705 |
| Fifty Two Week Low Change Percent | 0.4451222 |
| Fifty Two Week Range | 135.47 - 200.5 |
| First Trade Date Milliseconds | 1,727,789,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 1.5607 |
| Fullday Change Percent | 0.803614 |
| Fullday Price | 195.7707 |
| Fund Family | AXS |
| Fund Inception Date | 1,727,654,400 |
| 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 calendar quarter performance of the SPDR® S&P 500® ETF Trust. The manager 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 earned or realized on the SPDR® S&P 500® ETF Trust. The fund is non-diversified. |
| Long Name | Tradr 2X Long SPY Quarterly ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1885952085 |
| Nav Price | 196.5894 |
| Net Assets | 14,288,064.0 |
| Net Expense Ratio | 1.0 |
| Open | 197.14 |
| Phone | (414) 299-2295 |
| Post Market Change | -1.3592987 |
| Post Market Change Percent | -0.6895443 |
| Post Market Price | 195.7707 |
| Post Market Time | 1,787,947,805 |
| Previous Close | 194.21 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.5606995 |
| Regular Market Change Percent | 0.8036143 |
| Regular Market Day High | 197.14 |
| Regular Market Day Low | 195.7707 |
| Regular Market Day Range | 195.7707 - 197.14 |
| Regular Market Open | 197.14 |
| Regular Market Previous Close | 194.21 |
| Regular Market Price | 195.7707 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 343 |
| Short Name | Tradr 2X Long SPY Quarterly ETF |
| Source Interval | 15 |
| Symbol | SPYQ |
| Total Assets | 14,288,064 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 6.15759 |
| Trailing Three Month Returns | 6.15759 |
| Triggerable | 1 |
| Two Hundred Day Average | 171.822 |
| Two Hundred Day Average Change | 23.9487 |
| Two Hundred Day Average Change Percent | 0.13938087 |
| Type Disp | ETF |
| Volume | 343 |
| Yield | 0.0 |
| Ytd Return | 14.60264 |