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Beacon

XNDXTradr 2X Long XNDU Daily ETF

Take a betNewRanked #580 of 804 in this goal

Seeks daily investment results that correspond to 200% of the daily performance of Xanadu Quantum Technologies, Inc.

By AXS · Launched 2026

Annual Cost

1.49%

#5,444 of 5,597 · expensive

Fund Size

$13M

#4,652 of 5,597 · small

Return (1Y)Goal

N/A

Track Record

1 month

#5,497 of 5,597 · young

Performance

Total-return NAV · USD
Growth of $10,000
$3,938-60.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

What it actually holds

By weight

Asset allocation

Cash
57.8%
Stocks
42.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-67.6%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 Xanadu Quantum Technologies, Inc.
Strategy
Invests primarily in financial instruments providing 200% leveraged exposure to XNDU's daily performance, including swaps and options. The Fund is actively managed and seeks to achieve its objective on a daily basis, rebalancing holdings to maintain 200% exposure. It may also invest in U.S. government securities and corporate debt. The Fund is concentrated in the Computer Hardware industry, holding 25% or more of its assets in leveraged investments related to XNDU, a photonic quantum computing company.
Inception date
May 6, 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 2026-06-27