CDNGLeverage Shares 2X Long CDNS Daily ETF
Seeks daily levered investment results of 200% of the daily percentage change in the price of the common stock of CDNS.
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What's inside
How Beacon categorizes this fundListing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily levered investment results of 200% of the daily percentage change in the price of the common stock of CDNS.
- Strategy
- Actively managed ETF that invests at least 80% of net assets in the common stock of CDNS and derivative instruments to achieve 200% daily leveraged exposure. The Fund is concentrated in the software and services industry and rebalances daily to maintain its exposure.
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Most of these lose money
These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.
Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-24