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LITXTradr 2X Long Lite Daily ETF

Take a betNewRanked #220 of 949 in this goal

Seeks daily investment results that correspond to 200% of the daily performance of Lumentum Holdings, Inc.

By AXS · Launched 2026

Annual Cost

1.49%

#5,685 of 5,854 · expensive

Fund Size

$409M

#1,760 of 5,854 · large

Return (1Y)Goal

N/A

Track Record

7 months

#5,115 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$19,019+90.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

single-stock bet — holdings shown are derivatives collateral, not diversification

CFD LUMENTUM HOLDINGS INC
41.4%
CFD LUMENTUM HOLDINGS INC
18.2%
CFD LUMENTUM HOLDINGS INC
0.4%

Asset allocation

Cash
64.8%
Stocks
40.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-74.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results that correspond to 200% of the daily performance of Lumentum Holdings, Inc.
Strategy
Actively manages at least 80% exposure to financial instruments providing 200% leveraged exposure to LITE, including swaps and options. Concentrated in the Communications Equipment industry, the Fund aims for daily rebalancing to maintain this exposure.
Inception date
January 26, 2026
Fund family
AXS

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

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 2026-08-03