- Issuer
- Tradr ETFs
- Inception Date
- Oct 22, 2025
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Domicile
- US
- Distribution Policy
- None
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
OPEX Performance Chart
Tradr 2X Long OPEN Daily ETF (OPEX) is down 60.6% since the beginning of the year. OPEX is currently trading at $17 per share.
Loading charts...
Returns By Period
Tradr 2X Long OPEN Daily ETF
- 1D
- 0.85%
- 1M
- -9.80%
- YTD
- -60.64%
- 6M
- -67.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.71%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
OPEX Monthly Returns History
Based on dividend-adjusted daily data since Oct 23, 2025, OPEX's average daily return is -0.37%, while the average monthly return is -12.70%.
Historically, 33% of months were positive and 67% were negative. The best month was Apr 2026 with a return of +25.0%, while the worst month was Dec 2025 at -46.4%. The longest winning streak lasted 1 consecutive months, and the longest losing streak was 3 months.
On a daily basis, OPEX closed higher 47% of trading days. The best single day was Nov 10, 2025 with a return of +43.0%, while the worst single day was Jan 7, 2026 at -23.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -28.44% | 2.28% | -31.85% | 25.02% | -14.67% | -26.03% | -60.64% | ||||||
| 2025 | 21.74% | -16.04% | -46.35% | -45.16% |
Benchmark Metrics
Tradr 2X Long OPEN Daily ETF has an annualized alpha of -85.74%, beta of 6.08, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since October 23, 2025.
- This ETF participated in 444.86% of S&P 500 Index downside but only -80.25% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.23 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -85.74%
- Beta
- 6.08
- R²
- 0.23
- Upside Capture
- -80.25%
- Downside Capture
- 444.86%
Expense Ratio
OPEX has a high expense ratio of 1.30%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Tradr 2X Long OPEN Daily ETF (OPEX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OPEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.66 | — |
| Martin ratioReturn relative to average drawdown | — | 11.86 | — |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Tradr 2X Long OPEN Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Tradr 2X Long OPEN Daily ETF was 87.46%, occurring on Jun 8, 2026. The portfolio has not yet recovered.
The current Tradr 2X Long OPEN Daily ETF drawdown is 86.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -87.46%Jun 2026 | 6mo 27d | — | 7mo 11dNov 2025 - now |
2025 bear market2025 | -38.06%Nov 2025 | 10d | 5d | 15dOct 2025 - Nov 2025 |
Drawdown Indicators
| OPEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.46% | -56.78% | -30.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -86.72% | -2.49% | -84.23% |
Average DrawdownAverage peak-to-trough decline | -66.53% | -10.72% | -55.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with OPEX
Add Tradr 2X Long OPEN Daily ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with OPEX