DV
Dividend Vision

AMZO — Tradr 2X Short AMZN Daily ETF

Tradr 2X Short AMZN Daily ETF (AMZO)

AMZO carries a 1.49% expense ratio. Total return is -47.7% over the past 0.4 years, 74.4 points behind AMZN at 26.7%.

AMZO is a leveraged inverse equity ETF that seeks to deliver twice the daily inverse performance of Amazon stock, making it a bearish bet on AMZN price movements. The fund carries a 1.49% expense ratio and does not distribute income, as it is designed for tactical short-term trading rather than dividend income generation. This ETF appeals primarily to sophisticated traders seeking to profit from or hedge against Amazon stock declines over short holding periods, rather than traditional dividend or long-term income investors.

AMZO key facts

Issuer
Tradr
Asset type
ETF
Asset class
Equity
Expense ratio
1.49%
Last close
$13.46
AUM
$1,462,606
Average volume
55600.0
P/E ratio
22.6782