Key stats
About Defiance 2X Daily Long Pure Quantum ETF
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Inception date
Aug 6, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636V4059
QPUX uses swap agreements to make bullish bets on a target portfolio of 5 to 10 companies involved in quantum computing and machine learning. The target portfolio is equally weighted and consists of pure-play, large-cap US companies focused on advancing quantum hardware, software, communication, hybrid computing technologies, producing enabling components, and developing machine learning innovations. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in share price. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. QPUX could potentially lose value over time, even if the target portfolios performance is strong. It is expected to invest in US short-term debt as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash92.15%
Government6.51%
Mutual fund1.34%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, QPUX doesn't pay dividends to its holders.
QPUX shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Aug 6, 2025, and its management style is Active.
QPUX expense ratio is 1.29% meaning you'd have to pay 1.29% of your investment to help manage the fund.
QPUX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QPUX invests in cash.