PONX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Pony.ai (NASDAQ: PONY), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror PONYs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold PONY stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.

Cash & Others

Tradr 2X Long PONY Daily ETF

Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of PONY. The fund is non-diversified. Address: 

YTD	-84.87%
1Y	-94.68%
1Y volatility	98.34%
3Y volatility	0.00%
Sharpe ratio	0.00

PONX Stock Price, Chart, Stats & News

PONX chart

PONX returns

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