{
 "ticker": "TEMT",
 "name": "Tradr 2X Long TEM Daily ETF",
 "issuer": "Tradr",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/TEMT",
 "html": "https://etfiq.com/funds/TEMT",
 "markdown": "https://etfiq.com/funds/TEMT.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: TEMT returned +24.1% where its own daily promise gave +27.9%, 3.9 points short.",
 "key_facts": [
  {
   "key": "what_tem_did",
   "label": "What TEM did",
   "value": "+23.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEMT, what TEM did: +23.4%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "+27.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEMT, what +2 times a day gives: +27.9%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+24.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEMT, what the fund returned: +24.1%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.9 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEMT, the fund itself cost: \u22123.9 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$56m",
   "source": "source, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "TEMT, net assets: $56m (source, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.31%",
   "source": "485BPOS XBRL, Jul 23, 2026",
   "as_of": "2026-09-11",
   "sentence": "TEMT, expense ratio: 1.31% (485BPOS XBRL, Jul 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of TEM, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.03 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "TEM",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$56m",
   "source": "source, as filed for Jun 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.31%",
   "source": "485BPOS XBRL, Jul 23, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 13, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "89% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+6.3%",
   "TEM": "+8.1%",
   "+2x the move": "+16.1%",
   "Difference": "\u22129.8 pts",
   "TEM moved about": "111%"
  },
  {
   "window": "3 months",
   "Fund": "+24.1%",
   "TEM": "+23.4%",
   "+2x the move": "+46.8%",
   "Difference": "\u221222.7 pts",
   "TEM moved about": "89%"
  },
  {
   "window": "6 months",
   "Fund": "\u22123.7%",
   "TEM": "+18.1%",
   "+2x the move": "+36.1%",
   "Difference": "\u221239.9 pts",
   "TEM moved about": "81%"
  },
  {
   "window": "1 year",
   "Fund": "\u221276.2%",
   "TEM": "\u221233.5%",
   "+2x the move": "\u221267.1%",
   "Difference": "\u22129.1 pts",
   "TEM moved about": "71%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221269.8%",
   "TEM": "\u221214.4%",
   "+2x the move": "\u221228.7%",
   "Difference": "\u221241.0 pts",
   "TEM moved about": "73%"
  }
 ],
 "questions": [
  {
   "q": "Did TEMT return +2 times TEM?",
   "a": "Over the window to Sep 11, 2026, TEM moved +23.4% and TEMT returned +24.1%. 2 times that move is +46.8%, so the fund came out 22.7 points short of it."
  },
  {
   "q": "Why does TEMT not return +2 times over a year?",
   "a": "Because it resets daily. TEMT 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."
  },
  {
   "q": "Which +2x TEM ETF tracked its stated multiple most closely?",
   "a": "2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}