Tradr 2X Long PONY Daily ETF trades under ticker PONX on CBOE as an ETF. Use this page to review its market price, share price, dividends, and price history. The page also shows Trading--Leveraged Equity exposure.
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About the Company
Tradr 2X Long PONY Daily ETF is an exchange-traded fund that seeks to deliver twice (200%) the daily performance of Pony AI Inc., a leading autonomous vehicle technology company. This leveraged ETF is designed to amplify the daily movements of Pony AI’s common shares, making it a tool primarily for sophisticated investors and professional traders who are looking for short-term, tactical exposure to the stock’s daily price changes. The fund uses derivatives, such as swaps or options, alongside direct equity holdings to achieve its leveraged objective, and it resets its exposure at the end of each trading day to maintain the 2x multiplier. As a product of the Tradr line, the ETF is part of a suite of funds that cater to active traders aiming to express high-conviction views on individual equities. Due to its leveraged structure, it magnifies both gains and losses on a daily basis, and its performance over periods longer than one day can diverge significantly from twice the cumulative return of the underlying stock. This ETF is not intended for buy-and-hold investors and is best suited for those with a strong understanding of leverage, short-term trading, and the risks associated with such products.