Tradr 2X Long CRDO Daily ETF is a U.S.-listed leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of the common shares of Credo Technology Group Holding Ltd. (NASDAQ: CRDO). Founded in 2025 and headquartered in the United States, the fund is part of the Tradr ETF family and is advised by AXS Investments LLC, with shares issued through Investment Managers Series Trust II and distributed by ALPS Distributors, Inc. The ETF is designed for sophisticated investors and professional traders seeking short-term tactical exposure to a single stock, and it uses derivatives such as swap agreements and, where needed, FLEX call options or direct CRDO exposure to achieve its objective.
The fund primarily offers leveraged single-stock exposure rather than diversified asset allocation, and its portfolio is centered on CRDO-linked derivative positions, cash, and other minor assets. Its core product characteristics include active management, no underlying index, 2x daily leverage, and a net expense ratio of 1.30%. Recent company developments include the ETF’s launch and listing in September 2025, the completion of a share split approved in February 2026, and ongoing expansion of Tradr’s leveraged single-stock lineup under AXS Investments’ ETF platform.