Tradr 2X Short SNDK Daily ETF ( $SNDQ ) Falls -32% Over 30 Days as Sandisk (SNDK) Advances +13% (See the latest news for any ticker on Tickeron.) SNDQ is a leveraged inverse single-stock ETF that seeks roughly -2x the daily price return of Sandisk Corporation (SNDK) before fees and expenses. Over the last 30 days, SNDQ declined about 32%, while its underlying reference asset, SNDK, rose roughly 13% over the same window. The quarter was even more severe: SNDQ fell roughly 65% as Sandisk's AI-driven rally persisted. Primary catalysts include record Sandisk earnings, a Wall Street buy initiation with a $2,400 price target, S&P 100 inclusion, and a $14 billion share buyback. $WDC $MU