The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
Competitors
This list is an analysis based on recent market events. It's not an investment recommendation.
About
PATX is a leveraged exchange-traded fund engineered to provide twice (200%) the daily investment returns of UiPath, Inc. (PATH), prior to fees and expenses. It's intended as a short-term, tactical instrument. To achieve this, the fund primarily engages in total return swap agreements with leading global financial institutions, effectively mirroring PATH's daily price fluctuations. Should swaps become impractical or less efficient, PATX has the flexibility to utilize FLEX call options or even directly hold shares of PATH stock. Investors should be aware that holding PATX for periods exceeding a single trading day necessitates diligent monitoring and frequent rebalancing to aim for the intended 2x daily leverage. Failure to do so can significantly diverge returns from the target. Prospective investors are strongly advised to conduct thorough independent research into UiPath, Inc. before initiating any position, and to trade with conviction. Due to the inherent complexities and compounding effects of such a product, PATX generally delivers its anticipated returns most effectively when the underlying PATH stock exhibits a sustained trend (either upward or downward), and the investor has correctly positioned themselves to benefit from that movement. Performance may significantly deviate in volatile or sideways markets. Any unallocated cash reserves are prudently invested in high-quality, short-term collateral, such as U.S. Treasuries, money market funds, or short-term corporate debt.
What is Tradr 2X Long PATH Daily stock price today?▼
The current price of PATX is $10.32 USD — it has decreased by -0.86% in the past 24 hours. Watch Tradr 2X Long PATH Daily stock price performance more closely on the chart.
What is Tradr 2X Long PATH Daily stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on BATS exchange Tradr 2X Long PATH Daily stocks are traded under the ticker PATX.
In which sector is Tradr 2X Long PATH Daily located?▼
Tradr 2X Long PATH Daily operates in the Finance & Payments sector.
When did Tradr 2X Long PATH Daily complete a stock split?▼
Tradr 2X Long PATH Daily has not had any recent stock splits.
Where is Tradr 2X Long PATH Daily headquartered?▼
Tradr 2X Long PATH Daily is headquartered in Port Chester, United States.