The Tradr 2X Long Lyft Daily ETF is an equity exchange-traded fund designed to provide twice (200%) the daily performance of the common shares of Lyft, Inc., a leading mobility and ride-hailing company in the United States. This ETF employs leveraged strategies aimed at sophisticated investors and active traders who seek enhanced exposure to Lyft's stock for short-term trading objectives. Its structure means that it does not aim to achieve its targeted return over periods longer than a single trading day, due to the daily reset of leverage, which can cause performance to diverge from the expected multiple over extended periods, especially in volatile markets. The fund is part of a suite of innovative products from Tradr ETFs, which specializes in single-stock leveraged and inverse ETFs, offering tools for expressing high-conviction views on actively traded stocks without the need to use margin or complex options strategies. As one of the first leveraged single-stock ETFs debuting on Lyft, the Tradr 2X Long Lyft Daily ETF adds to market liquidity and gives traders a flexible, exchange-listed instrument for precise, tactical trading around this key player in the mobility services sector.
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