Tradr 2X Long SNDK Daily ETF (SNXX)

Overview

SNXX uses swap agreements and listed call options to strategically make bullish investments on the share price of Sandisk Corporation (NASDAQ: SNDK). The fund may also choose to invest directly in SNDK shares. As a technology-focused entity, Sandisk engages in the development, manufacturing, and provision of cutting-edge storage devices and solutions that leverage NAND flash technology. The fund aims to maintain a leveraged exposure equivalent to 200% of the daily percentage change in SNDK's price through daily rebalancing practices. It is important to note that the anticipated returns may significantly deviate from the expected 200% if the investments are held longer than a single day, due to various factors such as market volatility and the effects of compounding. Furthermore, the fund plans to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral to manage risk and enhance liquidity.

Products and Services

• Solid State Drives (SSDs)

  These high-performance storage devices use NAND flash memory to provide fast data access, improved durability, and lower power consumption compared to traditional hard drives. Ideal for both consumer electronics and enterprise-level applications, SSDs enhance system responsiveness and speed during operations.

• Memory Cards

  Sandisk manufactures a variety of memory cards, including SD and microSD formats, catering to consumer and professional photography, video recording, and mobile device storage needs. These cards deliver high-speed performance and robust reliability in data storage and retrieval.

• USB Flash Drives

  Portable storage devices designed for convenient and quick data transfer. They are available in multiple storage capacities and speed ratings, making them suitable for personal, educational, and business use. USB flash drives facilitate easy file movement between devices and convenient backup solutions.