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Launched · SEC filings

Defiance 2X Daily Long Pure Quantum ETF

QPUXNasdaqDefianceGrades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$6.83+0.29 (+4.43%)

As of Oct 21, 2026, 10:35 AM ET

Intraday session: up, 14 prints from 6.54 to 6.83. Range 6.64 to 6.85. Use the arrow keys to read each point.6.606.656.706.7510 AM12 PM2 PM4 PM
Expense ratio
1.29%
Fund size
$22M
1Y total return
−95.5%
Yield · Last 12 months
—
Holdings
28
Avg volume · 30D
244K sh
NAV per share
$6.43
52W range
low $6.16high $149.40
Launched
Filings
SEC EDGAR

The ETF.net QPUX Grade

—

Too few comparable funds to grade fairly

Grades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.

QPUX Holdings

As of Oct 20, 2026
Asset class
Stocks
Holdings
28
Top-10 weight
156%
Largest holding
United States Treasury Bill 11/19/202662.6%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1—United States Treasury Bill 11/19/202662.60%13,640,000$13.6M58
2—Quantinuum Inc.-Swap-Mrex-L14.13%87,843$3.07M1
3—Pasqal Holding Sa-Swap-Mrex-L13.52%495,000$2.94M1
4—Iqm Quantum Computers Oyj-Swap-Mrex-L11.16%261,129$2.42M1
5—Ionq Inc Swap L-Cs10.72%75,614$2.33M2
6—D-Wave Quantum Inc Swap Marex9.12%167,488$1.98M1
7—Rigetti Computing, Inc.-Swap-Nmra-L9.10%169,400$1.98M1
8—Rigetti Computing Inc Swap Marex8.89%165,459$1.93M1
9—Rigetti Computing Swap Cs-L8.46%157,510$1.84M2
10—D-Wave Quantum Inc.-Swap-Nmra-L8.44%155,000$1.83M1
11—D-Wave Quantum Swap Cs-L8.26%151,577$1.79M1
12—Horizon Quantum Holdings Ltd.-Swap-Clst-L7.93%132,454$1.72M1
13—Horizon Quantum Holdings Ltd.-Swap-Mrex-L7.61%127,209$1.65M1
14—Quantinuum Inc.-Swap-Nmra-L7.40%46,000$1.61M1
15—Xanadu Quantum Technologies Limited-Swap-Clst-L7.29%565,779$1.58M1

Showing 1–15 of 28 holdings

QPUX Performance

Launched Aug 6, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
QPUX$453
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,580
Oct 20, 2025 to Oct 20, 2026. QPUX $453. SPY $11,580. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025Apr 2026Oct 2026

Oct 20, 2025 – Oct 20, 2026

Returns run to the Oct 20, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QPUX. Periods over one year show the average yearly return.
PeriodQPUX
Year to date−86.4%
1 month−48.1%
3 months−53.5%
1 year−95.5%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QPUX
YearReturn barQPUX
2026 YTD−86.4%
2025−15.9%

History from Aug 7, 2025

QPUX in the news

Filtered to QPUX · Defiance

QPUX Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

QPUX Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
194.9%
Annualised · 13 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.10
vs 3-month T-bills · 13 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−97.4%
14 months · trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
11.60
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QPUX Cost

Expense ratio1.29%

QPUX costs $129.00 a year on $10,000.