Direxion Flight to Safety Strategy ETF
FLYT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Feb 5, 2020
- CIK
- 0001424958
- Similar Companies
- Business
- Tradr 2X Long FLY Daily ETF (FLYT) is an actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times (200%) the daily performance of the common shares of Firefly Aerospace, Inc. (NASDAQ: FLY); the fund is designed as a short-term trading vehicle for sophisticated investors and does not pursue its objective over periods longer than one trading day. Sponsored by SR Partners LLC under the Tradr ETFs brand and advised by AXS Investments LLC, FLYT employs synthetic replication primarily through total return swap agreements with major global financial institutions, supplemented by FLEX call options or direct holdings in FLY stock when swaps are unavailable; it carries a net expense ratio of 1.30% and warns of substantial risks including potential total loss from a single-day adverse move exceeding 50% in the underlying security. Launched on October 22, 2025, and listed on Cboe, the ETF targets traders seeking leveraged exposure to Firefly Aerospace, a company focused on designing and manufacturing launch vehicles and space systems for affordable orbital access, with initial assets under management around $492,000. Tradr ETFs, established in 2024 and backed by AXS Investments, operates from the United States with a focus on leveraged and inverse single-stock strategies accessible via major brokerage platforms. In a major expansion on October 23, 2025, Tradr simultaneously debuted FLYT alongside eight other single-stock leveraged ETFs, including first-to-market products on Bullish Limited (BLSH), DoorDash (DASH), IREN Limited (IREN), Newmont (NEM), Opendoor Technologies (OPEN), QuantumScape (QS), Sarepta Therapeutics (SRPT), and TeraWulf (WULF), growing its lineup to 48 funds managing over $2 billion in assets. This launch underscores Tradr's ongoing innovation in providing precise, high-conviction trading tools without the need for margin or options complexity.