Tradr 2X Long USAR Daily ETF (USAX) is a sector-focused, single-stock leveraged ETF that seeks to deliver two times (2x) the daily price performance of USA Rare Earth, Inc. (USAR). Classified in the Materials sector and positioned in the Diversified Metals & Mining niche, USAX offers traders and tactical investors a concentrated, amplified way to express a bullish view on a U.S.-based rare earth mining and permanent magnet producer.
USA Rare Earth is building a domestic supply chain for critical rare-earth elements and permanent magnet production—inputs that are central to electric vehicles, renewable energy, defense systems and advanced electronics. By providing 2x daily exposure to USAR, USAX aims to magnify short-term moves in the company’s share price, enabling investors to capture greater upside (and downside) than holding the underlying equity outright.
USAX is designed for short-duration strategies: it employs leverage and daily rebalancing to achieve its objective, which makes its performance path-dependent. Over periods longer than one trading day, returns can diverge significantly from two times the cumulative return of USAR due to compounding, volatility drag and tracking differences. The fund is best suited to experienced, active traders and investors with a high risk tolerance who use leveraged single-stock exposure for tactical allocation, hedging, or speculative purposes.
Investors should be mindful of the elevated volatility, potential for amplified losses, and operational complexities associated with leveraged ETFs and single-issuer exposure. USAX offers a focused, high-conviction vehicle to gain leveraged access to U.S. rare-earth supply-chain exposure, but it is not intended as a long-term buy-and-hold instrument.
Tradr 2X Long USAR Daily ETF (USAX) Fund Flow Chart
Tradr 2X Long USAR Daily ETF (USAX) 1 year Net Flows: 11M
USAX ETF FAQ
What was USAX’s price range in the past 12 months?
USAX lowest ETF price was 19.52 and its highest was 73.35 in the past 12 months.
What is the AUM of USAX?
As of Feb 04, 2026 The AUM of USAX is 14.87M.
Is USAX overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does USAX pay dividends?
USAX does not currently pay dividends.
How many shares outstanding does USAX have?
Currently, no data Available
Which hedge fund is a major shareholder of USAX?
Currently, no hedge funds are holding shares in USAX