Tradr ETFs Launches 2X Long Leveraged Funds on Lam Research & MongoDB

Tradr ETFs has launched two new 2X long single-stock ETFs focused on high-growth tech companies, Lam Research and MongoDB. The funds aim to deliver twice the daily performance of their underlying stock. The ETFs are listed on Cboe and are the first-to-market strategies. They are designed for sophisticated investors and professional traders.

Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, has announced the launch of two new single-stock leveraged ETFs focused on high-growth tech companies. The funds, Tradr 2X Long LRCX Daily ETF (Cboe: LRCU) and Tradr 2X Long MDB Daily ETF (Cboe: MDBX), aim to deliver twice the daily performance of their underlying stocks, Lam Research Corp. (Nasdaq: LRCX) and MongoDB Inc. (Nasdaq: MDB), respectively. These ETFs are listed on Cboe and are the first-to-market strategies [1].

The new ETFs are part of Tradr's expanding lineup of leveraged ETFs, which now totals 23 funds. The company's recent launches include 2X long daily leveraged ETFs on Astera Labs Inc. (Nasdaq: ALAB), Datadog Inc. (Nasdaq: DDOG), CoreWeave Inc. (Nasdaq: CRWV), NuScale Power Corp. (NYSE: SMR), and AST SpaceMobile Inc. (Nasdaq: ASTS) [1]. These ETFs are designed for sophisticated investors and professional traders, offering leveraged exposure to actively traded stocks with significant risk considerations due to their leveraged nature [2].

The launch of these ETFs comes at a time when demand for amplified exposure to technology stocks driving the AI narrative is strong. MongoDB provides database services critical for AI applications, while Lam Research manufactures semiconductor equipment essential for chip production that powers AI systems. These ETFs are part of Tradr's strategic expansion into the AI infrastructure ecosystem [2].

Investors should be aware that leveraged ETFs carry substantial risk characteristics. They seek 2X daily returns of their underlying securities, meaning they aim to deliver twice the daily percentage movement of MongoDB and Lam Research stocks. This leverage means investors could theoretically lose all their capital if the underlying security moves more than 50% against their position in a single trading day. The reset period (daily) also means these products aren't designed for long-term holding and performance will likely diverge significantly from simply doubling the underlying stock's returns over extended periods [2].

For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com [1].

References:
[1] https://www.prnewswire.com/news-releases/tradr-unveils-first-to-market-leveraged-etfs-on-lam-research--mongodb-302532656.html
[2] https://www.stocktitan.net/news/LRCX/first-leveraged-et-fs-on-mdb-and-lrcx-set-to-trade-next-xofhjss6g0i7.html