# UNX (Tradr 2X Long U Daily ETF)

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

Three months to Sep 11, 2026: UNX returned +139.0% where its own daily promise gave +143.5%, 4.5 points short.

## Key facts

- UNX, what U did: +61.4%, as of Sep 11, 2026.
- UNX, what +2 times a day gives: +143.5%, as of Sep 11, 2026.
- UNX, what the fund returned: +139.0%, as of Sep 11, 2026.
- UNX, the fund itself cost: −4.5 pts, as of Sep 11, 2026.
- UNX, net assets: $4m (source, as filed for Jun 30, 2026).
- UNX, expense ratio: 1.30% (485BPOS XBRL, Jul 23, 2026).

## UNX over each window to Sep 11, 2026

| Window | Fund | U | +2x the move | Difference | U moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −3.4% | −1.3% | −2.6% | −0.8 pts | 34% |
| 3 months | +139.0% | +61.4% | +122.8% | +16.2 pts | 54% |
| 6 months | +326.6% | +126.3% | not meaningful over this window | not meaningful over this window | 57% |
| Since launch | −57.9% | −4.3% | −8.5% | −49.4 pts | 72% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of U, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.26 times, against +2 stated | ETFIQ |
| Underlying | U | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $4m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.30% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Sep 16, 2025 | ETFIQ |
| Underlying volatility over the window | 54% annualized | ETFIQ |

## Questions

### Did UNX return +2 times U?

Over the window to Sep 11, 2026, U moved +61.4% and UNX returned +139.0%. 2 times that move is +122.8%, so the fund came out 16.2 points ahead of it.

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

Because it resets daily. UNX 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, UNX, data as of Sep 11, 2026. https://etfiq.com/funds/UNX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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