MPWXTradr 2X Long MPWR Daily ETF
Seeks daily investment results that correspond to 200% the daily performance of the common shares of Monolithic Power Systems, Inc.
By AXS · Launched 2026
1.49%
#5,410 of 5,562 · expensive
$2M
#5,341 of 5,562 · small
N/A
2 months
#5,412 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightAsset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results that correspond to 200% the daily performance of the common shares of Monolithic Power Systems, Inc.
- Strategy
- Invests primarily in financial instruments providing 200% leveraged exposure to the daily performance of MPWR. Uses swaps and options to achieve this objective on a daily basis.
- Inception date
- April 23, 2026
- Fund family
- AXS
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged single-stock ETF — documented structural drag
Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.
Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)
Why we flagged this: strategy=leveraged + single_stock_wrapper
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 2026-06-20