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APLX Stock Price, Chart, Stats & News
Tradr 2X Long APLD Daily ETF
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Tradr 2X Long APLD Daily ETF (APLX) does not currently pay a dividend.
Trading--Leveraged Equity
Category
1.30%
Expense ratio
61.29M
Assets
-61.05%
1Y return
APLX chart
APLX returns
| YTD | -49.63% |
| 1Y | -61.05% |
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
APLX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Applied Digital (NASDAQ: APLD), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror APLDs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold APLD stock.
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