QPUXDefiance 2X Daily Long Pure Quantum ETF
Seeks daily investment results that correspond to 2X the performance of an actively-managed group of pure quantum company securities.
By Defiance ETFs LLC · Launched 2025
1.29%
#5,533 of 5,861 · expensive
$53M
#3,595 of 5,861 · mid-size
N/A
12 months
#4,553 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results that correspond to 2X the performance of an actively-managed group of pure quantum company securities.
- Strategy
- Employs derivatives to achieve daily leveraged investment results corresponding to 2X the performance of a U.S. large-capitalization group of "pure quantum" companies. The Fund is concentrated in the quantum computing industry and aims for daily rebalancing to maintain its leverage target.
- Inception date
- August 6, 2025
- Fund family
- Defiance ETFs LLC
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
These usually launch after the gains are gone
A theme gets packaged into a fund after it has already run. Over the past 15 years, fewer than one in 10 thematic funds beat a broad global index, and more than three-quarters closed down entirely. The pitch always sounds good. The returns rarely follow.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009) · Morningstar, 'Global Thematic Funds Landscape' (2022)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04