SPCG – Tradr 2X Short SpaceX Daily ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-200%) daily performance of the common shares of SpaceX. Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times inverse leveraged exposure to the daily performance of SpaceX. SpaceX designs, manufacturers, and launches advanced rockets and spacecraft that are intended to be fully reusable transportation systems designed to carry both crew and cargo to earth orbit, the moon, mars and beyond. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPCG	Tradr 2X Short SpaceX Daily ETF	ETF	Open	—	—	Jun 12, 2026	$10.89M	1.490%	—	—	—

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