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Dividend Vision

USAX ETF — Tradr 2X Long USAR Daily ETF

Tradr 2X Long USAR Daily ETF (USAX)

Updated October 16, 2026.

USAX is an ETF linked to USA Rare Earth (USAR). its expense ratio is 1.49%. Total return is -83.2% over the past 0.8 years, 46.4 points behind USAR at -36.8%.

Tradr 2X Long USAR Daily ETF is a leveraged equity fund that seeks to deliver twice the daily performance of USA Rare Earth (USAR) stock through a combination of USAR shares and financial instruments, with a non-diversified portfolio and an expense ratio of 1.49%. The fund does not have an established distribution schedule. This fund is designed for traders seeking leveraged exposure to rare earth equities on a daily basis rather than for traditional income investors.

USAX holdings and sector exposure

Holdings are not available for this snapshot.

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

USAX performance versus USAR

Price and return data through 2026-10-16.

Total return is -83.2% over the past 0.8 years, 46.4 points behind USAR at -36.8%.

WindowTotal returnCAGR
1M-53.8%—
3M-63.5%—
6M-80.3%—
YTD-83.2%—
Since inception (0.8 years)-83.2%—

USAX key facts

Issuer
Tradr
Asset type
ETF
Asset class
Equity
Inception date
01/12/2026
Expense ratio
1.49%
Distribution frequency
None
Last close
$3.67 (as of 2026-10-16)
AUM
$7,620,144
Average volume
311462.0
Beta
7.1934

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: USA Rare Earth (USAR); 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.

USAX risks and drawbacks

Total return has trailed USAR over the available window.

Who may consider USAX — and who may not

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

More on USAX

Tagged: Leverage.

Frequently asked questions

Does USAX pay monthly?

No. USAX does not currently distribute.

What is USAX linked to?

USAX is linked to USA Rare Earth (USAR), not a broad market index.

What is USAX's expense ratio?

USAX's expense ratio is 1.49%.

When does USAX pay a dividend?

USAX does not currently distribute.

How has USAX performed?

Total return is -83.2% over the past 0.8 years, 46.4 points behind USAR at -36.8%.

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