If you've ever wanted to bet against the tech-heavy Nasdaq 100 without getting whipsawed by daily compounding effects, Tradr ETFs just launched something interesting for you.
The firm rolled out the Tradr 1X Short Innovation 100 Monthly ETF SMQ (SMQ), which delivers inverse (-100%) exposure to the Invesco QQQ (QQQ) — but here's the twist: it resets monthly, not daily. That makes it the first ETF to offer this kind of monthly-reset inverse structure on one of the market's most popular benchmarks.
For traders looking to express medium-term bearish views on big tech and growth stocks, this addresses a real problem. Daily-reset inverse products are fine if you're in and out quickly, but hold them for a few weeks and the math gets messy fast.
Why Monthly Resets Change The Game
Daily-reset leveraged ETFs are notorious for path-dependency issues. Markets zigzag, and those daily recalibrations can quietly erode your returns even when you got the overall direction right. It's frustrating — you call the trade correctly, but the structure works against you.
SMQ solves this by resetting at the end of each calendar month instead. The fund aims to deliver the opposite of QQQ's performance over the full month, making it better suited for multi-week trades, macro themes, or positioning around specific catalysts.
Matt Markiewicz, head of product and capital markets at Tradr ETFs, put it plainly: traders often nail the direction but get burned by timing when using daily-reset products. "With SMQ, we are extending the monthly-reset category that we pioneered with MQQQ to give investors a new tool that could be more consistent with their return expectations," he said.
Building Out A Matched Pair
SMQ now forms a bookend to Tradr's existing bullish offering, the Tradr 2X Long Innovation 100 Monthly ETF MQQQ (MQQQ). Together, they create the only leveraged ETF pair on the market with calendar-month performance resets. If you want to go long or short the Nasdaq 100 with leverage and a longer fuse than one day, these are your only monthly-reset options.
Tradr's Expanding Footprint
This launch continues Tradr's aggressive push into the leveraged ETF space. The firm made waves in 2022 by launching the industry's first single-stock leveraged ETFs, including products tied to Tesla and Nvidia. Today, Tradr manages 54 leveraged ETFs holding nearly $2 billion in assets.
The pitch is straightforward: cleaner directional exposure than margin accounts or options strategies, accessible through any standard brokerage platform. No options approval needed, no margin calls to worry about — just precise leverage with a structure designed to minimize daily reset drag.
With SMQ, Tradr is carving out a niche for what you might call "medium-precision" trading tools — products aimed at sophisticated investors who want leverage but don't want to babysit positions every single day. For traders betting against the Innovation 100 over weeks instead of hours, this monthly reset structure could make all the difference.