Benzinga·2026-01-26 18:20Core Viewpoint - Tradr ETFs is set to launch three new single stock leveraged ETFs that aim to provide 200% long exposure to their respective underlying stocks, marking a first-to-market strategy in this investment space [1]. Group 1: Product Launch Details - The new ETFs will be listed on Cboe and are designed for sophisticated investors and professional traders [1][3]. - The specific ETFs include Tradr 2X Long LITE Daily ETF (Cboe: LITX) tracking Lumentum Holdings Inc. (NASDAQ:LITE), Tradr 2X Long SNDK Daily ETF (Cboe: SNXX) tracking Sandisk Corp. (NASDAQ:SNDK), and Tradr 2X Long WDC Daily ETF (Cboe: WDCX) tracking Western Digital Inc. (NASDAQ:WDC) [11]. Group 2: Target Audience and Strategy - Tradr ETFs are tailored for investors with high conviction investment views, focusing on leveraged and inverse strategies to achieve short or long exposure to actively traded stocks and ETFs [3]. - The funds are intended to be used as short-term trading vehicles, which differentiates them from traditional ETFs [4]. Group 3: Investment Characteristics - Each ETF aims to deliver twice the daily performance of its underlying stock, which introduces a higher level of risk due to the use of leverage [1][4]. - Investors should be aware that the performance of these funds may significantly differ from their benchmarks over longer periods, and the funds may trend in the opposite direction of their benchmarks [5].