{
 "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": "2026-09-30",
 "verdict": "Three months to Sep 30, 2026: TEMT returned +42.6% where its own daily promise gave +47.2%, 4.6 points short.",
 "key_facts": [
  {
   "key": "what_tem_did",
   "label": "What TEM did",
   "value": "+33.0%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "TEMT, what TEM did: +33.0%, as of Sep 30, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+47.2%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "TEMT, what 2 times a day gives: +47.2%, as of Sep 30, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+42.6%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "TEMT, what the fund returned: +42.6%, as of Sep 30, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22124.6 pts",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "TEMT, the fund itself cost: \u22124.6 pts, as of Sep 30, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$48m",
   "source": "the issuer\u2019s own daily fund list, as of Sep 30, 2026",
   "as_of": "2026-09-30",
   "sentence": "TEMT, net assets: $48m (the issuer\u2019s own daily fund list, as of Sep 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.31%",
   "source": "485BPOS XBRL, Jul 23, 2026",
   "as_of": "2026-09-30",
   "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": "+1.29 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": "$48m",
   "source": "the issuer\u2019s own daily fund list, as of Sep 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": "91% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+60.0%",
   "TEM": "+29.9%",
   "+2x the move": "+59.8%",
   "Difference": "+0.3 pts",
   "TEM moved about": "76%"
  },
  {
   "window": "3 months",
   "Fund": "+42.6%",
   "TEM": "+33.0%",
   "+2x the move": "+65.9%",
   "Difference": "\u221223.3 pts",
   "TEM moved about": "91%"
  },
  {
   "window": "6 months",
   "Fund": "+105.3%",
   "TEM": "+74.1%",
   "+2x the move": "+148.3%",
   "Difference": "\u221243.0 pts",
   "TEM moved about": "84%"
  },
  {
   "window": "1 year",
   "Fund": "\u221246.0%",
   "TEM": "+1.5%",
   "+2x the move": "+2.9%",
   "Difference": "\u221248.9 pts",
   "TEM moved about": "73%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221244.2%",
   "TEM": "+18.9%",
   "+2x the move": "+37.7%",
   "Difference": "\u221281.9 pts",
   "TEM moved about": "74%"
  }
 ],
 "questions": [
  {
   "q": "Did TEMT return +2 times TEM?",
   "a": "Over the window to Sep 30, 2026, TEM moved +33.0% and TEMT returned +42.6%. 2 times that move is +65.9%, so the fund came out 23.3 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 figure itself."
  }
 ],
 "generated": "2026-10-01",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}