Tradr ETFs expanded its leveraged semiconductor lineup with three new 2X single-stock ETFs targeting Everspin Technologies Inc (NASDAQ:MRAM), SiTime Corp (NASDAQ:SITM) and United Microelectronics Corp (NYSE:UMC).
The funds, which began trading on Tuesday, seek to deliver twice the daily performance of their underlying stocks.
The new launches include the Tradr 2X Long MRAM Daily ETF (BATS:MRAX) tracking Everspin Technologies, Tradr 2X Long SITM Daily ETF (BATS:SITX) tied to SiTime, and Tradr 2X Long UMC Daily ETF (BATS:UMCU) tied to United Microelectronics.
The launches bring Tradr’s leveraged ETF lineup to 75 funds, adding exposure to three semiconductor names beyond the sector’s usual mega-cap stars.
Tradr said the new products build on existing leveraged strategies covering Nvidia Corp (NASDAQ:NVDA), Astera Labs Inc (NASDAQ:ALAB), Cerebras Systems Inc (NASDAQ:CBRS), ON Semiconductor Corp (NASDAQ:ON), Rambus Inc (NASDAQ:RMBS) and NXP Semiconductors (NASDAQ:NXPI).
