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SPCMTradr 2X Long SpaceX Daily ETF

Take a betNewRanked #641 of 926 in this goal

Seeks daily investment results that correspond to 200% of the daily performance of SpaceX.

By AXS · Launched 2026

Annual Cost

1.49%

#5,657 of 5,822 · expensive

Fund Size

$18M

#4,537 of 5,822 · small

Return (1Y)Goal

-69.6%

Track Record

2 months

#5,664 of 5,822 · young

Performance

Total-return NAV · USD
Growth of $10,000
$2,606-73.9%

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

Asset allocation

Cash
104.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
53.5%High

Year-on-year price swings

Max drawdown
-73.9%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 SpaceX.
Strategy
Actively manages a portfolio to achieve 200% daily exposure to SpaceX through swaps and options. Maintains at least 80% exposure to financial instruments providing leveraged performance of SpaceX, headquartered in Texas.
Inception date
June 12, 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 2026-08-01