SMQ seeks -100% of the calendar month performance of Invesco QQQ®, complementing Tradr’s 2X long monthly reset ETF, MQQQ
Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced the launch of the Tradr 1X Short Innovation 100 Monthly ETF. The fund seeks investment results that correspond to the inverse (–100%) of the calendar month performance of the Invesco QQQ® (the “Innovation 100”). SMQ is the first ever ETF to offer inverse monthly-reset exposure tied to the Invesco QQQ®, giving traders a new tool to express bearish views with a longer perspective than traditional daily-reset leveraged ETFs.
SMQ complements Tradr’s existing long product, the Tradr 2X Long Innovation 100 Monthly ETF. Together, MQQQ and SMQ form the only pair of leveraged ETFs offering a calendar month performance reset, supporting both bullish and bearish views on one of the most liquid and widely watched ETFs in the world.
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“In trading, oftentimes you have the direction of the trade correct, but the timing may go against you, especially when holding a daily reset leveraged strategy over the course of several weeks. Our goal was to create a directional or hedging tool that could better reflect a trader’s medium-term bearish view,” said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. “With SMQ, we are extending the monthly-reset category that we pioneered with MQQQ to give investors a new tool that could be more consistent with their return expectations.”
The launch of SMQ reflects Tradr’s ongoing commitment to innovation in leveraged ETFs. While most leveraged and inverse ETFs reset their performance daily — potentially creating significant path dependency and compounding issues — Tradr’s monthly-reset design seeks to reduce those impacts for traders focused on multi-week themes, charts, macro catalysts, or full-month positioning.
In 2022, Tradr ETFs became the first issuer to launch leveraged ETFs on single stocks, starting with TSLQ for Tesla and NVDS for Nvidia. With today’s listing, Tradr’s lineup has grown to 54 leveraged ETFs representing nearly $2 billion in assets under management. Tradr’s strategies can be accessed through most brokerage platforms and allow investors to avoid the hassle of using margin and the complexity of options trading. The firm continues its mission of providing sophisticated investors with innovative trading tools that enhance their ability to express market views with precision and efficiency.
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