- CUSIP
- 46092D756
- Issuer
- AXS
- Inception Date
- Sep 30, 2024
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SPYQ Performance Chart
Tradr 2X Long SPY Quarterly ETF (SPYQ) is up 14.7% since the beginning of the year. SPYQ is currently trading at $186 per share.
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Returns By Period
Tradr 2X Long SPY Quarterly ETF (SPYQ) has returned 14.65% so far this year and 45.46% over the past 12 months.
Tradr 2X Long SPY Quarterly ETF
- 1D
- -0.87%
- 1M
- -0.45%
- YTD
- 14.65%
- 6M
- 13.55%
- 1Y
- 45.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SPYQ Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2024, SPYQ's average daily return is +0.12%, while the average monthly return is +2.27%. At this rate, an investment would double in approximately 2.6 years.
Historically, 52% of months were positive and 48% were negative. The best month was Apr 2026 with a return of +20.6%, while the worst month was Mar 2025 at -11.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPYQ closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +21.6%, while the worst single day was Apr 4, 2025 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.31% | -2.14% | -10.55% | 20.63% | 9.26% | -2.87% | 14.65% | ||||||
| 2025 | 4.82% | -3.19% | -11.92% | -2.26% | 12.03% | 9.45% | 3.60% | 3.36% | 6.45% | 4.18% | -0.25% | -0.51% | 26.22% |
| 2024 | -0.32% | 11.00% | -5.35% | 4.73% |
Benchmark Metrics
Tradr 2X Long SPY Quarterly ETF has an annualized alpha of -3.76%, beta of 2.05, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since October 01, 2024.
- This ETF captured 223.61% of S&P 500 Index gains and 185.44% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF had an annualized alpha of -3.76% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of 2.05 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- -3.76%
- Beta
- 2.05
- R²
- 0.99
- Upside Capture
- 223.61%
- Downside Capture
- 185.44%
Expense Ratio
SPYQ has a high expense ratio of 1.30%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SPYQ ranks 54 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Tradr 2X Long SPY Quarterly ETF (SPYQ) 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.
| SPYQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 2.78 | -0.34 |
| Martin ratioReturn relative to average drawdown | 10.69 | 12.44 | -1.75 |
Dividends
Dividend History
Tradr 2X Long SPY Quarterly ETF provided a 0.15% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.27 | $0.27 |
Dividend yield | 0.15% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Tradr 2X Long SPY Quarterly ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.27 | $0.27 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Tradr 2X Long SPY Quarterly 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 SPY Quarterly ETF was 35.88%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.
The current Tradr 2X Long SPY Quarterly ETF drawdown is 3.51%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -35.88%Apr 2025 | 1mo 17d | 2mo 26d | 4mo 13dFeb 2025 - Jul 2025 |
2026 correction2026 | -18.70%Mar 2026 | 2mo 16d | 18d | 3mo 4dJan 2026 - Apr 2026 |
2025 correction2025 | -10.38%Nov 2025 | 22d | 1mo 4d | 1mo 26dOct 2025 - Dec 2025 |
2025 pullback2025 | -8.75%Jan 2025 | 1mo 2d | 13d | 1mo 15dDec 2024 - Jan 2025 |
2026 pullback2026 | -7.96%Jun 2026 | 7d | — | 20d 23hJun 2026 - now |
Drawdown Indicators
| SPYQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.88% | -56.78% | +20.90% |
Max Drawdown (1Y)Largest decline over 1 year | -18.70% | -9.10% | -9.60% |
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 | -3.51% | -1.80% | -1.71% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -10.71% | +5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.03% | +2.23% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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