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WDCX

GradeCChicago Board Options Exchange

Tradr 2X Long WDC 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.

$18.61+0.37 (+2.03%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Jan 27, 2026.History starts Jan 27, 2026.
Intraday session: up, 59 prints from 18.24 to 18.61. Range 16.95 to 18.88. Use the arrow keys to read each point.$17.00$17.50$18.00$19.0010 AM12 PM2 PM4 PM
Expense ratio
1.49%
Fund size
$106M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
1.7M sh
NAV per share
$18.24
52W range
low $7.46high $69.00

The ETF.net WDCX Grade

C

41/ 100

Rank 131 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for WDCX. Scores out of 100: Cost 13, Risk 58, Mission 79, Tradability 72, Holdings not scored, Durability 66. Strongest: Mission (79). 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 rank357/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 79
    Category rank126/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank93/285 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 72
    Category rank76/380 · top 20%

  • 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 66
    Category rank96/380 · top 25%

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

Our read on WDCX

ETF.net Research

CWestern Digital spun off SanDisk in 2025 and became a hard-drive pure play on AI-era storage. WDCX doubles that one stock's daily move and resets the leverage every night. A focused trading tool, priced above most 2x single-stock funds.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Western Digital Corp.'s common shares.

Why people hold it

  1. 01One job, stated plainly: two times Western Digital's daily move. No margin account, no options chain, no positions to roll.tradretfs.com
  2. 02Since the February 2025 SanDisk separation, Western Digital is a high-capacity hard-drive business, so this is amplified exposure to one narrow slice of storage rather than a mixed bag.sec.gov
  3. 03It trades actively, which tends to mean less bid-ask friction than you find in the thinnest corners of the leveraged single-stock aisle.

Worth knowing

  1. 011.49% a year sits above the roughly 1% median for 2x single-stock funds. Peers like UNHG (0.75%) and GGLL (0.96%) charge less, though neither tracks WDC.
  2. 02Leverage resets daily. Hold past one session and you own compounded daily moves, a path that choppy, back-and-forth markets can grind down.
  3. 03One stock, doubled: every earnings gap and storage-cycle headline hits twice as hard. The fund launched in 2026, so its track record is short.

WDCX Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Other
Holdings
—
Top-10 weight
106%
Largest holding
CASHUSD102.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CASHUSD102.50%98,729,109$99M49
002—NET OTHER ASSETS3.49%3,366,451$3M134

Showing 1–2 of 2 holdings

WDCX Performance

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

WDCX$3,119
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. WDCX $3,119. SPY $10,415. Use the arrow keys to read each point.$1,829$6,459$11,088Jun 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 WDCX. Periods over one year show the average yearly return.
PeriodWDCX
Year to dateFund launched this year—
1 month−1.0%
3 months−68.8%
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 WDCX
YearReturn barWDCX
2026 YTD+99.1%

History from Jan 27, 2026

WDCX in the news

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

WDCX 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.

WDCX 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.
9.68
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.

WDCX 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.

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