# CBRX (Tradr 2X Long CBRS Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: CBRX returned −52.7% where its own daily promise gave −51.5%, 1.2 points short.

## Key facts

- CBRX, what CBRS did: −19.7%, as of Sep 30, 2026.
- CBRX, what 2 times a day gives: −51.5%, as of Sep 30, 2026.
- CBRX, what the fund returned: −52.7%, as of Sep 30, 2026.
- CBRX, the fund itself cost: −1.2 pts, as of Sep 30, 2026.
- CBRX, net assets: $10m (the issuer’s own daily fund list, as of Sep 30, 2026).
- CBRX, expense ratio: 1.49% (485BPOS XBRL, May 27, 2026).

## CBRX over each window to Sep 30, 2026

| Window | Fund | CBRS | +2x the move | Difference | CBRS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −11.7% | −3.6% | −7.2% | −4.5 pts | 72% |
| 3 months | −52.7% | −19.7% | −39.4% | −13.3 pts | 108% |
| Since launch | −65.8% | −25.0% | −50.1% | −15.8 pts | 118% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of CBRS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.68 times, against +2 stated | ETFIQ |
| Underlying | CBRS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $10m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, May 27, 2026 |
| Launched | May 29, 2026 | ETFIQ |
| Underlying volatility over the window | 108% annualized | ETFIQ |

## Questions

### Did CBRX return +2 times CBRS?

Over the window to Sep 30, 2026, CBRS moved −19.7% and CBRX returned −52.7%. 2 times that move is −39.4%, so the fund came out 13.3 points short of it.

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

Because it resets daily. CBRX 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.

### Which +2x CBRS ETF tracked its stated multiple most closely?

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 figure itself.


## Cite this page

ETFIQ, CBRX, data as of Sep 30, 2026. https://etfiq.com/funds/cbrx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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