{
 "ticker": "SITX",
 "name": "Tradr 2X Long SITM Daily ETF",
 "issuer": "Tradr",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/sitx",
 "html": "https://etfiq.com/funds/sitx",
 "markdown": "https://etfiq.com/funds/sitx.md",
 "as_of": "2026-10-09",
 "verdict": "One month to Oct 9, 2026: SITX returned +0.6% where its own daily promise gave +2.6%, 2.0 points short.",
 "key_facts": [
  {
   "key": "what_sitm_did",
   "label": "What SITM did",
   "value": "+3.8%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SITX, what SITM did: +3.8%, as of Oct 9, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+2.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SITX, what 2 times a day gives: +2.6%, as of Oct 9, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+0.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SITX, what the fund returned: +0.6%, as of Oct 9, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.0 pts",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "SITX, the fund itself cost: \u22122.0 pts, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 9, 2026",
   "as_of": "2026-10-09",
   "sentence": "SITX, net assets: $1m (the issuer\u2019s own daily fund list, as of Oct 9, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.49%",
   "source": "485BPOS XBRL, Jul 31, 2026",
   "as_of": "2026-10-09",
   "sentence": "SITX, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of SITM, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "SITM moved +3.8% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "SITM",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 9, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.49%",
   "source": "485BPOS XBRL, Jul 31, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Aug 11, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "72% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+0.6%",
   "SITM": "+3.8%",
   "+2x the move": "+7.6%",
   "Difference": "\u22127.0 pts",
   "SITM moved about, annualized": "72%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221225.5%",
   "SITM": "\u22128.2%",
   "+2x the move": "\u221216.4%",
   "Difference": "\u22129.1 pts",
   "SITM moved about, annualized": "71%"
  }
 ],
 "questions": [
  {
   "q": "Did SITX return +2 times SITM?",
   "a": "Over the month to Oct 9, 2026, SITM moved +3.8% and SITX returned +0.6%. 2 times that move is +7.6%, so the fund came out 7.0 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 2.0 points short."
  },
  {
   "q": "Why does SITX not return +2 times over a year?",
   "a": "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."
  }
 ],
 "generated": "2026-10-10",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, SITX, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/sitx"
}