Tradr 2X Long CRDO Daily ETF (CRDU) Dividend Yield, History & Forecast
Tradr 2X Long CRDO Daily ETF (CRDU) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $101M.
CRDU holds 3 positions. It charges an expense ratio of 1.30%, and manages $147.3M.
Sector allocation
Frequently Asked Questions about Tradr 2X Long CRDO Daily ETF (CRDU)
What does Tradr 2X Long CRDO Daily ETF invest in?▾
CRDU is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Credo Technology Group (CRDO), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror CRDOs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold CRDO stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock...
