# PATX (Tradr 2X Long PATH Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: PATX returned +45.1% where its own daily promise gave +49.5%, 4.4 points short.

## Key facts

- PATX, what PATH did: +30.3%, as of Sep 11, 2026.
- PATX, what +2 times a day gives: +49.5%, as of Sep 11, 2026.
- PATX, what the fund returned: +45.1%, as of Sep 11, 2026.
- PATX, the fund itself cost: −4.4 pts, as of Sep 11, 2026.
- PATX, net assets: $4m (source, as filed for Jun 30, 2026).
- PATX, expense ratio: 1.49% (485BPOS XBRL, Jan 12, 2026).

## PATX over each window to Sep 11, 2026

| Window | Fund | PATH | +2x the move | Difference | PATH moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −25.0% | −9.9% | −19.8% | −5.2 pts | 83% |
| 3 months | +45.1% | +30.3% | +60.7% | −15.6 pts | 68% |
| 6 months | +7.0% | +18.7% | +37.5% | −30.4 pts | 63% |
| Since launch | −49.4% | −13.9% | −27.8% | −21.6 pts | 63% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of PATH, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.49 times, against +2 stated | ETFIQ |
| Underlying | PATH | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $4m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jan 12, 2026 |
| Launched | Jan 13, 2026 | ETFIQ |
| Underlying volatility over the window | 68% annualized | ETFIQ |

## Questions

### Did PATX return +2 times PATH?

Over the window to Sep 11, 2026, PATH moved +30.3% and PATX returned +45.1%. 2 times that move is +60.7%, so the fund came out 15.6 points short of it.

### Why does PATX not return +2 times over a year?

Because it resets daily. PATX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, PATX, data as of Sep 11, 2026. https://etfiq.com/funds/PATX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/PATX  ·  JSON: https://etfiq.com/funds/PATX.json