MRAX ETF — Tradr 2X Long MRAM Daily ETF

Tradr 2X Long MRAM Daily ETF (MRAX)

Updated October 16, 2026.

MRAX is an ETF linked to Everspin Technologies (MRAM). its expense ratio is 1.49%. Total return is -45.6% over the past 0.2 years, 24.8 points behind MRAM at -20.8%.

Tradr 2X Long MRAM Daily ETF is a leveraged equity ETF that tracks double the daily performance of Everspin Technologies stock, a manufacturer of magnetoresistive random-access memory (MRAM) technology. The fund carries a 1.49% expense ratio and does not currently have an established distribution schedule. This ETF is designed for tactical traders seeking amplified exposure to MRAM price movements rather than for long-term income-focused investors, and leverage magnifies both gains and losses on a daily basis.

MRAX performance versus MRAM

Price and return data through 2026-10-16.

Total return is -45.6% over the past 0.2 years, 24.8 points behind MRAM at -20.8%.

MRAX key facts

Issuer

Tradr

Asset type

ETF

Asset class

Equity

Inception date

08/11/2026

Expense ratio

1.49%

Distribution frequency

None

Last close

$14.48 (stale; as of 2026-10-16)

AUM

$1,818,134

Average volume

1200.0

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: Everspin Technologies (MRAM); 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.

MRAX risks and drawbacks

Total return has trailed MRAM over the available window.

Who may consider MRAX — and who may not

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

More on MRAX

• All tickers starting with M

Tagged: Leverage.

Frequently asked questions

More securities from Tradr.