---
ticker: "QBTZ"
name: "Defiance Daily Target 2X Short QBTS ETF"
url: "https://etf.net/etf/QBTZ"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Single-Stock Inverse"
category_rank: "31 of 58"
methodology: "https://etf.net/methodology"
---

# QBTZ: Defiance Daily Target 2X Short QBTS ETF

Grade **C**, Score 40 of 100. Rank 31 of 58 in Single-Stock Inverse.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 5 | 55 of 58 |
| Mission | 95 | 15 of 32 |
| Risk | 35 | 39 of 52 |
| Tradability | 33 | 45 of 58 |
| Holdings | Not scored | — |
| Durability | 42 | 37 of 58 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash & Other | 272.79% |
| 2 | — | United States Treasury Bill 11/19/2026 | 25.73% |
| 3 | — | First American Government Obligations Fund 12/01/2031 | 1.56% |

Source: etf.net, https://etf.net/etf/QBTZ. Please cite the page URL.