BEX.B Loses $103K as BE Leverage Plays Out

ETF Overview and Capital Flows

Tradr 2X Long BE Daily ETF (BEX.B) is designed to deliver twice the daily performance of Bloom Energy Corporation (BE) shares, leveraging an active equity strategy focused on a single stock. The fund employs a 2:1 leverage ratio and charges a 1.3% expense ratio, making it a high-cost vehicle for investors seeking amplified exposure to BE. Recent capital flows show a net outflow of $103,465 on January 30, 2026, driven by negative order activity across retail and block trades, though extra-large orders added $15,535. This suggests uneven demand amid volatile price action.

Peer ETF Snapshot

• AGG.P tracks U.S. Treasuries with a 0.03% expense ratio and $138 billion AUM.
• AGGH.P focuses on global high-yield bonds at 0.3% expense and $360 million AUM.
• AVIG.P targets growth stocks with a 0.15% expense ratio and $2 billion AUM.
• ACVT.P invests in active volatility-linked strategies at 0.65% expense and $30 million AUM.

Opportunities and Structural Constraints

BEX.B’s leveraged structure offers amplified returns in rising BE markets but magnifies losses during declines. Its 1.3% expense ratio and recent outflows highlight structural challenges for retail demand. While peers like AGG.P and AVIG.P offer lower-cost alternatives for broader market exposure, BEX.B’s niche focus on a single stock and daily rebalancing makes it unsuitable for long-term buy-and-hold investors. The fund’s performance ultimately hinges on BE’s operational trajectory and market sentiment toward leveraged products.