{
 "ticker": "SITX",
 "name": "Tradr 2X Long SITM Daily ETF",
 "issuer": "Tradr",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/SITX",
 "html": "https://etfiq.com/funds/SITX",
 "markdown": "https://etfiq.com/funds/SITX.md",
 "as_of": "2026-09-11",
 "verdict": "One month to Sep 11, 2026: SITX returned \u221218.2% where its own daily promise gave \u221216.6%, 1.6 points short.",
 "key_facts": [
  {
   "key": "what_sitm_did",
   "label": "What SITM did",
   "value": "\u22126.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SITX, what SITM did: \u22126.6%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u221216.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SITX, what +2 times a day gives: \u221216.6%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221218.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SITX, what the fund returned: \u221218.2%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.6 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SITX, the fund itself cost: \u22121.6 pts, as of Sep 11, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.49%",
   "source": "485BPOS XBRL, Jul 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "SITX, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026)."
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "SITM",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SITX, underlying: SITM, as of Sep 11, 2026."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of SITM, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.76 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "SITM",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.49%",
   "source": "485BPOS XBRL, Jul 31, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 11, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "70% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221218.2%",
   "SITM": "\u22126.6%",
   "+2x the move": "\u221213.2%",
   "Difference": "\u22125.0 pts",
   "SITM moved about": "70%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221214.4%",
   "SITM": "\u22124.7%",
   "+2x the move": "\u22129.4%",
   "Difference": "\u22125.0 pts",
   "SITM moved about": "69%"
  }
 ],
 "questions": [
  {
   "q": "Did SITX return +2 times SITM?",
   "a": "Over the window to Sep 11, 2026, SITM moved \u22126.6% and SITX returned \u221218.2%. 2 times that move is \u221213.2%, so the fund came out 5.0 points short of it."
  },
  {
   "q": "Why does SITX not return +2 times over a year?",
   "a": "Because it resets daily. SITX 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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}