- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 590 Madison Avenue, 21st Floor New York NY United States of America 10022
- IPO Date
- Sep 3, 2024
- Business
- Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is an actively managed exchange-traded fund that seeks calendar month investment results, before fees and expenses, corresponding to two times (200%) the calendar month performance of the Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 Index comprising 100 of the largest non-financial companies listed on the Nasdaq Stock Market; the fund achieves this exposure primarily through swap agreements with major global financial institutions, supplemented by options contracts and futures on the Nasdaq-100 Index when swaps are constrained. MQQQ holds a concentrated portfolio typically including contracts for difference (CFDs) on Invesco QQQ Trust shares, U.S. dollars for collateral, and derivative positions to manage leverage and rebalancing at month-end. Launched on August 30, 2024, and listed on Nasdaq, the ETF targets sophisticated investors and professional traders seeking amplified short-term exposure to innovation-focused large-cap equities in technology, communication services, and consumer cyclical sectors, with total net assets exceeding $189 million and a net expense ratio of 1.30%.
Issuer Tradr ETFs, a provider of leveraged and inverse ETFs since pioneering single-stock leveraged products in 2022 with launches like TSLQ (Tesla) and NVDS (Nvidia), offers MQQQ as part of its monthly-reset suite alongside complementary products such as QQQP (quarterly reset), SMQ (1X short monthly on QQQ launched December 1, 2025), and daily/weekly variants; the firm, advised by AXS Investments LLC with managers including Travis Trampe and Parker Binion, operates over 48 ETFs managing more than $2.2 billion in assets under management, accessible via major brokerage platforms without margin or options complexity.
Recent developments include a 1-for-5 reverse stock split effective June 3, 2025, for MQQQ to adjust share pricing post-market volatility; Tradr's aggressive expansion with 20+ new single-stock leveraged ETF launches in 2025 (e.g., AURU, CELT, BLSX on October 22, 2025, and BEX, CSEX, NNEX, SNPX on November 12-13, 2025), doubling AUM to over $2 billion by October 2025; and the introduction of SMQ as the first monthly-reset inverse counterpart to MQQQ, enhancing paired long/short strategies on QQQ.