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Dividend Vision

SMU ETF — Tradr 2X Long SMR Daily ETF

Tradr 2X Long SMR Daily ETF (SMU)

Updated October 16, 2026.

SMU is an ETF linked to NuScale Power (SMR). its expense ratio is 1.30%. Total return is -99.5% over the past 1.3 years, 15.1 points behind SMR at -84.4%.

This ETF seeks to deliver twice the daily performance of NuScale Power (SMR), a nuclear technology company, through leveraged exposure and daily rebalancing. The fund does not distribute income to shareholders and carries an expense ratio of 1.30%. It appeals to traders and tactical investors seeking leveraged equity exposure to the nuclear power sector, though the daily reset mechanism means returns over longer periods may diverge significantly from two times the underlying security's performance.

SMU holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: SMR (physical holdings below may be collateral and options, not the reference asset itself).

SMU performance versus SMR

Price and return data through 2026-10-16.

Total return is -99.5% over the past 1.3 years, 15.1 points behind SMR at -84.4%. Its deepest 1-year drawdown was 99.6%.

WindowTotal returnCAGR
1M-54.5%—
3M-56.1%—
6M-85.7%—
YTD-93.3%—
1Y-99.6%—
Since inception (1.3 years)-99.5%-98.40%

SMU key facts

Issuer
Tradr
Asset type
ETF
Asset class
Equity
Inception date
07/10/2025
Expense ratio
1.30%
Distribution frequency
None
Last close
$8.32 (as of 2026-10-16)
AUM
$39,720,556
Average volume
168853.0
Beta
7.7908

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: NuScale Power (SMR); 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.

SMU risks and drawbacks

Total return has trailed SMR over the available window. The deepest 1-year drawdown on record here is 99.6%.

Who may consider SMU — and who may not

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

More on SMU

Tagged: Leverage.

Frequently asked questions

Does SMU pay monthly?

No. SMU does not currently distribute.

What is SMU linked to?

SMU is linked to NuScale Power (SMR), not a broad market index.

What is SMU's expense ratio?

SMU's expense ratio is 1.30%.

When does SMU pay a dividend?

SMU does not currently distribute.

How has SMU performed?

Total return is -99.5% over the past 1.3 years, 15.1 points behind SMR at -84.4%. Its deepest 1-year drawdown was 99.6%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.