Founder-Led 2x Daily ETF Shares (FDRX)

Founder-Led 2x Daily ETF Shares (FDRX) is an exchange-traded fund in the Trading Leveraged Equity category. It has $13.71M in assets and an expense ratio of 1.08%. The advisor follows a passive approach designed to deliver a multiple of the index’s daily move rather than to outperform the index. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of founder-led companies. The index’s eligible universe includes common equity securities of U.S.-listed companies with primary listings only. It is non-diversified.