ETF Evaluator:
Tradr 2X Short ORCL Daily ETF (ORCZ)
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(as of )
Best Performing in Trading--Inverse Equity Over the Last Year
| 204.3% | T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) |
| 169.7% | Defiance Daily Target 2X Short MSTR ETF (SMST) |
| 53.1% | Direxion Daily NFLX Bear 1X Shares (NFXS) |
| 39.2% | -1x Short VIX Futures ETF (SVIX) |
| 39.1% | GraniteShares 2x Short COIN Daily ETF (CONI) |
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ETF Details
Tradr 2X Short ORCL Daily ETF Overview
Tradr 2X Short ORCL Daily ETF (ORCZ) is an actively managed Miscellaneous Trading--Inverse Equity exchange-traded fund (ETF). AXS launched the ETF in 2026.
The investment seeks daily inverse leveraged investment results and is very different from most other exchange-traded funds (“ETFs”).
The Tradr 2X Short ORCL Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-200%) daily performance of the common shares of ORCL. The fund is non-diversified.
About Tradr 2X Short ORCL Daily ETF (ORCZ)
There are 2 members of the management team with an average tenure of 0.05 years: Travis Trampe (2026) and Parker Binion (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Tradr 2X Short ORCL Daily ETF has 3 securities in its portfolio. The top 10 holdings constitute 423.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Tradr 2X Short ORCL Daily ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Tradr 2X Short ORCL Daily ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -4.3% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Tradr 2X Short ORCL Daily ETF has 104.3% of the portfolio in cash.
Assets Under Management
The fund has $680 million in total assets, which is below the $75 million average for the Trading--Inverse Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ORCZ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Tradr 2X Short ORCL Daily ETF expense ratio is high compared to funds in the Trading--Inverse Equity category. Tradr 2X Short ORCL Daily ETF has an expense ratio of 1.49%, which is 30% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Tradr 2X Short ORCL Daily ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 1085% for the Trading--Inverse Equity category.
Recently, in the month of July 2026, Tradr 2X Short ORCL Daily ETF returned 0.0%, which earned it a grade of NA, as the Trading--Inverse Equity category had an average return of 7.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Tradr 2X Short ORCL Daily ETF has a trailing yield of 0.00%, which is below the 5.32% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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ORCZ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ORCZ Return (NAV) | na | na | na | na | na | na |
| ORCZ Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Trading--Inverse Equity Avg | 7.3% | -12.0% | -29.4% | -28.2% | -22.9% | -29.6% |
| ORCZ Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| ORCZ Tax-Cost Ratio | na | na | na | na | na | na |
ORCZ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ORCZ Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| ORCZ Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Trading--Inverse Equity Avg | -25.8% | -35.3% | -26.4% | -26.2% | 15.2% | -33.5% | -52.3% | -39.8% | 9.5% | -34.8% | -33.2% |
| ORCZ Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | na |
| Expense Ratio: | 1.49% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | Yes |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Trampe Travis (2026), Binion Parker (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 3 |
| % in Top 10 Holdings: | 423.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | -4.3% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 104.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AXS |
| Phone Number: | 888-528-7237 |
| Website: | |
| Inception Date: | July 14, 2026 |
Expenses and Fees
| Expense Ratio (%): | 1.49% (Rating: High) |
| Category Average Expense Ratio (%): | 1.15% |
