# SITX (Tradr 2X Long SITM Daily ETF)

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

One month to Sep 11, 2026: SITX returned −18.2% where its own daily promise gave −16.6%, 1.6 points short.

## Key facts

- SITX, what SITM did: −6.6%, as of Sep 11, 2026.
- SITX, what +2 times a day gives: −16.6%, as of Sep 11, 2026.
- SITX, what the fund returned: −18.2%, as of Sep 11, 2026.
- SITX, the fund itself cost: −1.6 pts, as of Sep 11, 2026.
- SITX, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026).
- SITX, underlying: SITM, as of Sep 11, 2026.

## SITX over each window to Sep 11, 2026

| Window | Fund | SITM | +2x the move | Difference | SITM moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −18.2% | −6.6% | −13.2% | −5.0 pts | 70% |
| Since launch | −14.4% | −4.7% | −9.4% | −5.0 pts | 69% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SITM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.76 times, against +2 stated | ETFIQ |
| Underlying | SITM | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 1.49% | 485BPOS XBRL, Jul 31, 2026 |
| Launched | Aug 11, 2026 | ETFIQ |
| Underlying volatility over the window | 70% annualized | ETFIQ |

## Questions

### Did SITX return +2 times SITM?

Over the window to Sep 11, 2026, SITM moved −6.6% and SITX returned −18.2%. 2 times that move is −13.2%, so the fund came out 5.0 points short of it.

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

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.


## Cite this page

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

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