Tradr 2X Short SNDK Daily ETF
SNDQ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 590 Madison Avenue, 21st Floor New York NY United States of America 10022
- IPO Date
- Apr 23, 2026
- Similar Companies
- Business
- Tradr 2X Short SNDK Daily ETF (Cboe: SNDQ) is a non-diversified, actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times the inverse (-200%) of the daily performance of the common shares of Sandisk Corp. (Nasdaq: SNDK). The fund provides leveraged inverse, single-stock exposure for sophisticated investors and professional traders seeking a tactical method of expressing a short-term bearish view on Sandisk; it does not seek to achieve its stated objective for periods longer than one trading day. SNDQ principally obtains its exposure through financial instruments, including swap agreements, options and other derivatives, and maintains at least 80% exposure to instruments designed to provide -2x daily leveraged exposure to SNDK. The fund trades on Cboe, has an expense ratio of 1.49%, and offers listed options. Launched on April 22, 2026, SNDQ is a series of Investment Managers Series Trust II, a Delaware statutory trust, and is advised by AXS Investments LLC, which is headquartered in Port Chester, New York. Its principal market is the United States, where shares are available through brokerage accounts and trade on the secondary market. The fund’s principal product is daily inverse leveraged exposure to Sandisk, a provider of flash-memory and data-storage products; its portfolio implementation includes derivative-based short exposure and cash or cash-equivalent collateral rather than a conventional long-only equity portfolio. In April 2026, Tradr ETFs introduced SNDQ alongside the Tradr 2X Short LITE Daily ETF as first-to-market short leveraged single-stock ETF strategies; the launch expanded Tradr’s leveraged ETF platform and provided a dedicated -200% daily Sandisk exposure product following Sandisk’s increased market prominence and inclusion in the Nasdaq-100 Index.