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LITX

GradeCChicago Board Options Exchange

Tradr 2X Long LITE Daily ETF

Leveraged · Single-Stock Leveraged · Tradr · Inception 2026-01-26

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$31.91−0.42 (−1.30%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Jan 27, 2026.History starts Jan 27, 2026.
Intraday session: down, 59 prints from 32.33 to 31.91. Range 31.40 to 33.17. Use the arrow keys to read each point.$31.50$32.50$33.0010 AM12 PM2 PM4 PM
Expense ratio
1.49%
Fund size
$197M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
4.8M sh
NAV per share
$32.38
52W range
low $15.20high $126.86

The ETF.net LITX Grade

C

41/ 100

Rank 128 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for LITX. Scores out of 100: Cost 13, Risk 56, Mission 78, Tradability 75, Holdings not scored, Durability 68. Strongest: Mission (78). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank325/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 78
    Category rank129/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank103/285 · top 36%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank61/380 · top 16%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 68
    Category rank74/380 · top 19%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on LITX

ETF.net Research

COne stock, one day. LITX aims to deliver about two times the daily move of Lumentum Holdings shares, before fees. No basket, no hedge, no diversification, and the math resets every session.

Stated mandate

The fund seeks daily investment results corresponding to approximately two times the daily performance of Lumentum Holdings, Inc. common shares, before fees and expenses, for a single trading day.

Why people hold it

  1. 01The mandate is blunt and easy to check: roughly 2x the daily move of Lumentum Holdings stock, before fees and expenses, over a single trading day.
  2. 02It is a 1940 Act registered fund, not an exchange-traded note, so there is no bank issuer's credit sitting behind the leverage.tradretfs.com
  3. 03Leverage arrives pre-packaged in a normal brokerage ticket: no margin agreement, no options chain, no financing to roll yourself.

Worth knowing

  1. 01The exposure resets daily. Hold past one session and the path of the stock, not just its direction, drives the result, which can drift well away from 2x.
  2. 02At 1.49% a year, the fee sits above much of the 2x single-stock field: GGLL and AAPU charge 0.96%, ASMG and UNHG 0.75%.
  3. 03A 2026 launch and one of the thinner-traded names in a crowded category: wider spreads and a short record are both part of the deal.

LITX Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Other
Holdings
—
Top-10 weight
114%
Largest holding
CFD LUMENTUM HOLDINGS INC88.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CFD LUMENTUM HOLDINGS INC87.98%-221,236,925$174M1
002—CASHUSD25.70%50,857,228$51M49

Showing 1–2 of 2 holdings

LITX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

LITX$8,503
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. LITX $8,503. SPY $10,415. Use the arrow keys to read each point.$3,541$7,252$10,962Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for LITX. Periods over one year show the average yearly return.
PeriodLITX
Year to dateFund launched this year—
1 month+11.0%
3 months−15.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for LITX
YearReturn barLITX
2026 YTD+161.4%

History from Jan 27, 2026

LITX in the news

ETF.net Research hasn’t filed on LITX yet — coverage lands here as it’s written.

LITX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

LITX Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.11
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

LITX Cost

Expense ratio1.49%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

267 of the 329 Single-Stock Long Leveraged funds charge less.

LITX costs $149.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.