SPYQ – Tradr 2X Long SPY Quarterly ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks calendar quarter investment results, before fees and expenses, that correspond to two times (200%) the calendar quarter performance of the SPDR® S&P 500® ETF Trust. Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the calendar quarter performance of the SPDR® S&P 500® ETF Trust. The manager will enter into one or more swaps with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned or realized on the SPDR® S&P 500® ETF Trust. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPYQ	Tradr 2X Long SPY Quarterly ETF	ETF	Open	—	—	Sep 30, 2024	$12.11M	0.980%	—	—	−$409,685.27

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