Skip to content
etf.net

Launched

Tradr 2X Long PATH Daily ETF

PATXCboeDThis 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.

$9.79−0.09 (−0.90%)

As of Oct 13, 2026, 3:59 PM

D32/ 100

Rank 309 of 380 in Single-Stock Long Leveraged

D32/100Rank 309 of 380inSingle-Stock Long Leveraged
Intraday session: down, 27 prints from 9.88 to 9.79. Range 9.74 to 10.36. Use the arrow keys to read each point.10.0010.1010.2010.3010 AM12 PM2 PM4 PM
Expense ratio
1.49%
Fund size
$4M
1Y total return
—
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
0.1M sh
NAV per share
$9.90
52W range
low $5.96high $24.88
Launched

The ETF.net PATX Grade

Based on 5 of 6 pillars

D

Score 32 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
309 of 380
Six-pillar profile for PATX. Scores out of 100: Cost 13, Risk 46, Mission 87, Tradability 54, Holdings not scored, Durability 49. Strongest: Mission (87). Weakest: Cost (13). Based on 5 of 6 pillars.

Score 32 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
33
This cap took
−0
Published Score
32 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F13 out of 100
    Rank 302 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A87 out of 100
    Rank 96 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 188 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 151 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 197 of 380

Our read on PATX

ETF.net Research

DA one-day trade wrapper on UiPath: PATX aims to deliver two times PATH's daily move, then resets the next morning. Most single-stock leveraged funds chase mega-caps; this one points at an automation software name instead.

Stated mandate

The Fund seeks daily investment results equal to two times the daily performance of UiPath, Inc. common shares and does not target that result for periods longer or shorter than one trading day.

Why people hold it

  1. 01One job, stated plainly: two times UiPath's daily performance, for a single trading day, and it has held close to that stated daily target.
  2. 02Leverage on a stock the shelf mostly skips. Peers pile into mega-caps (AAPU on Apple, GGLL on Alphabet); this one points at UiPath.
  3. 03Geared exposure inside a registered 1940 Act fund: no margin account, no options chain, and your downside is capped at what you put in.

Worth knowing

  1. 01The fee is 1.49% a year, above the roughly 1% median for 2x single-stock funds, and well above the 0.75% charged by peers like UNHG and ASMG.
  2. 02Daily reset is the whole mechanism. Hold past one session and your result depends on the path PATH takes, not on two times its move over that stretch.
  3. 03Young and small: launched in 2026, with a modest asset base and lighter trading than the shelf's biggest 2x names, so spreads and order size matter.

PATX Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
152%
Largest holding
Cashusd111.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cashusd111.95%4,210,100$4M51
002—Cfd Uipath Inc - Class A40.09%-5,449,159$2M1

Showing 1–2 of 2 holdings

PATX Performance

Launched Jan 12, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
PATX$11,076
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. PATX $11,076. SPY $10,332. Use the arrow keys to read each point.$6,168$15,499$24,830Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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 PATX. Periods over one year show the average yearly return.
PeriodPATX
Year to dateFund launched this year—
1 month−8.3%
3 months+10.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 PATX
YearReturn barPATX
2026 YTD−53.6%

History from Jan 13, 2026

PATX in the news

Filtered to PATX · Single-Stock Long Leveraged

PATX 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 Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

PATX 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.
−0.09
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.

PATX Cost

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

271 of the 333 Single-Stock Long Leveraged funds charge less.

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

Other funds in Single-Stock Long Leveraged

See others