APLZ ETF — Tradr 2X Short APLD Daily ETF

Tradr 2X Short APLD Daily ETF (APLZ)

Updated October 16, 2026.

APLZ is an ETF linked to Applied Digital (APLD). its expense ratio is 1.49%. Total return is -69.0% over the past 0.7 years, 21.0 points behind APLD at -48.0%.

Tradr 2X Short APLD Daily ETF is a leveraged inverse equity ETF that seeks to deliver two times the daily inverse performance of Applied Digital (APLD), a company in the semiconductor and AI infrastructure space. The fund carries a 1.49% expense ratio and maintains a small asset base; it does not have an established distribution schedule. This ETF is designed for traders seeking short-term bearish exposure to APLD with daily rebalancing, and is not suitable as a buy-and-hold investment due to decay from leverage and daily reset mechanics.

APLZ performance versus APLD

Price and return data through 2026-10-16.

Total return is -69.0% over the past 0.7 years, 21.0 points behind APLD at -48.0%.

APLZ key facts

Issuer

Tradr

Asset type

ETF

Asset class

Equity

Inception date

01/21/2026

Expense ratio

1.49%

Distribution frequency

None

Last close

$39.34 (as of 2026-10-16)

AUM

$2,782,868

Average volume

88369.0

Beta

-8.4626

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Tradr; Index: Applied Digital (APLD); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APLZ risks and drawbacks

Total return has trailed APLD over the available window.

Who may consider APLZ — and who may not

It is a weaker fit for investors who need monthly cash flow (APLZ does not currently distribute); investors whose main goal is matching APLD total return. This is educational context, not a recommendation to buy or sell.

More on APLZ

• All tickers starting with A

Tagged: Leverage, Short.

Frequently asked questions

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