# LITZ (Tradr 2X Short LITE Daily ETF)

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

Three months to Sep 30, 2026: LITZ returned −66.4% where its own daily promise gave −66.9%, 0.5 points over.

## Key facts

- LITZ, what LITE did: +21.2%, as of Sep 30, 2026.
- LITZ, what −2 times a day gives: −66.9%, as of Sep 30, 2026.
- LITZ, what the fund returned: −66.4%, as of Sep 30, 2026.
- LITZ, the fund itself added: +0.5 pts, as of Sep 30, 2026.
- LITZ, net assets: $24m (the issuer’s own daily fund list, as of Sep 30, 2026).
- LITZ, expense ratio: 1.49% (485BPOS XBRL, Apr 22, 2026).

## LITZ over each window to Sep 30, 2026

| Window | Fund | LITE | -2x the move | Difference | LITE moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −22.7% | +6.2% | −12.4% | −10.3 pts | 74% |
| 3 months | −66.4% | +21.2% | −42.5% | −24.0 pts | 96% |
| Since launch | −77.3% | +14.7% | −29.4% | −48.0 pts | 95% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of LITE, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -3.13 times, against -2 stated | ETFIQ |
| Underlying | LITE | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $24m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Apr 22, 2026 |
| Launched | Apr 23, 2026 | ETFIQ |
| Underlying volatility over the window | 96% annualized | ETFIQ |

## Questions

### Did LITZ return -2 times LITE?

Over the window to Sep 30, 2026, LITE moved +21.2% and LITZ returned −66.4%. −2 times that move is −42.5%, so the fund came out 24.0 points short of it.

### Why does LITZ not return -2 times over a year?

Because it resets daily. LITZ 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, LITZ, data as of Sep 30, 2026. https://etfiq.com/funds/litz
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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