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Launched · SEC filings

Tradr 2X Long SNDK Daily ETF

SNXXCboeCThis 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.

$11.93−0.11 (−0.91%)

At close: Oct 13, 2026, 4:00 PM

C41/ 100

Rank 125 of 380 in Single-Stock Long Leveraged

C41/100Rank 125 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 12.04 to 11.93. Range 10.91 to 11.93. Use the arrow keys to read each point.11.0011.2511.5011.7510 AM12 PM2 PM4 PM
Expense ratio
1.49%
Fund size
$1.4B
1Y total return
—
Yield · Last 12 months
—
Holdings
3
Avg volume · 30D
73.4M sh
NAV per share
$12.06
52W range
low $3.14high $49.34
Launched
Filings
SEC EDGAR

The ETF.net SNXX Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
125 of 380
Six-pillar profile for SNXX. Scores out of 100: Cost 13, Risk 44, Mission 84, Tradability 87, Holdings not scored, Durability 70. Strongest: Tradability (87). Weakest: Cost (13). Based on 5 of 6 pillars.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • 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.
    A84 out of 100
    Rank 112 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 202 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A87 out of 100
    Rank 26 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.
    A70 out of 100
    Rank 60 of 380

Our read on SNXX

ETF.net Research

CTradr planted a 2x flag on Sandisk, the flash-memory maker spun out of Western Digital in 2025. It aims for two times SNDK's move over a single trading day, then resets overnight and starts fresh.

Stated mandate

SNXX seeks daily investment results equal to two times the daily performance of Sandisk Corp. common shares before fees and expenses; it does not target performance over a period longer than one trading day.

Why people hold it

  1. 01The mandate is blunt: two times Sandisk's daily move before fees, with no claim on any stretch longer than one trading day.
  2. 02Day to day, it has tracked its stated 2x target closely, which is the entire job of a daily-reset fund.
  3. 03Tradr launched the first single-stock leveraged ETFs in 2022 and specializes in leverage on names bigger issuers skip. Sandisk fits that mold.prnewswire.com
  4. 04A multi-billion-dollar fund that trades heavily, so shares generally change hands without much friction.

Worth knowing

  1. 01At 1.49% a year it costs more than the typical single-stock leveraged fund, and 2x wrappers on mega-caps run cheaper (GGLL 0.96%, AMDG 0.75%).
  2. 02Daily reset is math, not malice: over choppy multi-day stretches, returns can drift well away from 2x the stock's move for that period.
  3. 03Launched in 2026, so the track record is thin, and all the risk rides on one NAND flash maker's news cycle.sandisk.com

SNXX Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
3
Top-10 weight
125%
Largest holding
Cfd Sandisk Corp75.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cfd Sandisk Corp75.33%-1,529,313,944$1.1B2
002—Cashusd39.94%587,161,257$587M51
003—C/O Sandisk Corpor Nov 800.0009.67%2,050$142M1

Showing 1–3 of 3 holdings

SNXX Performance

Launched Jan 26, 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.
SNXX$4,291
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. SNXX $4,291. SPY $10,332. Use the arrow keys to read each point.$1,828$6,402$10,976Jul 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 SNXX. Periods over one year show the average yearly return.
PeriodSNXX
Year to dateFund launched this year—
1 month−21.2%
3 months−57.1%
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 SNXX
YearReturn barSNXX
2026 YTD+269.3%

History from Jan 27, 2026

SNXX in the news

Filtered to SNXX · Single-Stock Long Leveraged

SNXX 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.

SNXX 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.
0.00
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.

SNXX 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.

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

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