# Tradr 2X Long USAR Daily ETF (USAX) — Overview

USAX · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/usax

## Price

Last close $3.85 on Oct 16, 2026. 52-week range $3.54 – $52.41.

## Fund profile

USAX seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of USA Rare Earth, Inc. (NASDAQ: USAR).

| Metric | Value |
| --- | --- |
| Issuer | AXS Investments LLC |
| Industry | — |
| Inception | Jan 12, 2026 |
| Assets under management | $6.6M |
| Expense ratio | 1.49% |
| Net asset value | $4.06 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Tradr 2X Long USAR Daily ETF (USAX)?

USAX seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of USA Rare Earth, Inc. (NASDAQ: USAR).

### What is USAX's expense ratio?

Tradr 2X Long USAR Daily ETF charges an annual expense ratio of 1.49%. The fund is issued by AXS Investments LLC.

### How large is USAX?

Tradr 2X Long USAR Daily ETF manages $6.6M in assets and has traded since Jan 12, 2026.

### How do I buy shares of Tradr 2X Long USAR Daily ETF (USAX)?

USAX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).