Tradr 2X Long APP Daily ETF(APPX)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$8.69
10/14/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for APPX

10/14/2026: APPX (2-star) is currently NOT-A-BUY. Pass it for now.

Tradr 2X Long APP Daily ETF (APPX) is a leveraged fund designed to deliver twice the daily price performance of AppLovin Corporation. It is a specialized tool for active traders looking to amplify their short-term market views without using margin. While it offers high potential returns, it carries significant risks, including daily volatility decay and extreme exposure to the fortunes of a single company. The fund is best suited for experienced investors who can actively monitor their positions and understand the mechanics of leveraged products; it is generally inappropriate for long-term investors or those with a low risk tolerance.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe fund's leveraged nature is geared toward short-term speculation rather than long-term growth investing.
Momentum investorStrong fit while signal remains positiveThis fund is designed to amplify gains for momentum traders during periods of strong upward price action in AppLovin.
Value investorWeak fitThe high cost of leverage and daily reset risk are fundamentally at odds with value investing principles.
Dividend/Income investorWeak fitThis product does not provide income and is designed for capital appreciation/speculation through leverage.
Low-risk investorWeak fitThe high volatility and potential for significant capital loss make this unsuitable for low-risk investors.

Investor Profile

Ideal Investor Profile

The ideal investor is an experienced, active day trader or tactical speculator who understands the risks of leverage and the decay associated with daily resets.

Suitability

APPX is strictly for short-term active traders and is generally not suitable for long-term buy-and-hold investors.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighLeverage amplifies price swings, potentially leading to rapid erosion of capital.
Market riskHighThe fund is entirely exposed to the idiosyncratic risk of AppLovin stock.
ConcentrationHighThe fund lacks diversification as it focuses solely on one underlying security.
Tracking/expenseMedium / highThe cost of maintaining leveraged swaps creates a drag on performance over time.
LiquidityMediumLower trading volume during periods of low interest could increase execution costs.
Business/sector qualityMedium / highReliance on the mobile advertising market sector subjects the fund to cyclical tech industry trends.

Risk Analysis

Volatility

APPX exhibits extreme historical volatility, reflecting both the inherent nature of the underlying stock and the 2x leverage multiplier.

Market Risk

The primary risk is a significant and sustained decline in AppLovin stock, which would be amplified and could lead to rapid erosion of investment value.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
Single stockAppLovin Corporation (APP) — seeks 2x daily return100The fund is concentrated entirely on the performance of AppLovin to achieve its 2x daily leverage target.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type ETF
Historic Profit 34.59%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/14/2026
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