Tradr 2X Short SMR Daily ETF

The Tradr 2X Short SMR Daily ETF is a leveraged inverse exchange-traded fund designed for sophisticated traders seeking amplified short-term bearish exposure to NuScale Power Corporation, a company focused on advanced nuclear reactor technology within the clean energy sector. Launched on February 11, 2026, this ETF aims to deliver two times the inverse (-200%) of the daily performance of NuScale Power's common shares (NYSE: SMR), before fees and expenses, through the use of derivatives such as swaps and options. It provides a direct way for active investors to express high-conviction downside views on this volatile stock powering the energy transition and AI compute buildout, without the need for margin accounts or complex options strategies. Part of Tradr ETFs' expansive lineup of 64 leveraged products managing over $2 billion in assets, the fund emphasizes daily reset mechanics, making it unsuitable for long-term holding due to compounding effects that can cause performance divergence over multi-day periods. Key risks include extreme leverage amplification, potential total loss if the underlying stock rises sharply (approaching 50% in a single day), derivatives exposure, counterparty risks, and high volatility tied to the nuclear energy industry.