# SMR Leveraged ETFs: 2x & Inverse, Compared

> 4 leveraged and inverse ETFs on SMR: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## SMR leveraged and inverse ETFs

As of Oct 27, 2026, 4 ETFs aim to return −2x to 2x the daily move in NuScale Power Corp (SMR). 3 issuers sell them. Over three months they finished from −79.2 to +0.5 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 4 leveraged and inverse ETFs on SMR

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SMU | Tradr 2X Long SMR Daily ETF | Tradr | +7.6 pts | −1.5 pts | not comparable | $19m | Oct 27, 2026 | 1.30% | −57.0% | −62.9% | −93.7% | −99.3% | not available | −99.5% since Jul 2025 | +2x |
| SMUP | T-REX 2X Long SMR Daily Target ETF | T-REX | +8.0 pts | −0.4 pts | not comparable | $3.3m | Oct 26, 2026 | 1.50% | −56.6% | −61.8% | −93.2% | −99.3% | not available | −99.7% since Jul 2025 | +2x |
| SMZ | Tradr 2X Short SMR Daily ETF | Tradr | −20.4 pts | −79.2 pts | not available | $1.1m | Oct 16, 2026 | 1.49% | +44.2% | −17.8% | not available | not available | not available | −14.7% since Feb 2026 | -2x |
| SMRX | Corgi SMR 2x Daily ETF | Corgi | +8.4 pts | +0.5 pts | not available | $152,678 | Oct 27, 2026 | 0.45% | −56.2% | −60.9% | not available | not available | not available | −69.6% since Jul 2026 | +2x |

What SMR itself did over the same days: −32.3% over one month, −30.7% over three months, −85.3% over one year.

### Questions people ask

Which 2x SMR ETFs are there? As of Oct 27, 2026, 3 ETFs set out to return 2x the daily move in NuScale Power Corp (SMR): SMU , SMUP and SMRX. Which inverse SMR ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in NuScale Power Corp (SMR), at −2x: SMZ. Which SMR leveraged ETF is largest? SMU , Tradr 2X Long SMR Daily ETF, at $19m in net assets on Oct 27, 2026, the largest of the 4 on SMR with a published size.

### Where to next

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, SMR leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/smr-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/leverage/smr-leveraged-etfs