QBTZ: Defiance Daily Target 2x Short QBTS ETF
Performance
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Summary
QBTZ at a glance
QBTZ returned -88.89% over the past year. Its worst drop in that year was -96.58%, smaller than 0% of ETFs on Redstone, and its Sharpe ratio of 0.16 beats 42% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-93.98%
Rolling Volatility
216.47%
Metrics
Risk Indicators
Profile
About QBTZ
The Fund seeks daily inverse investment results, before fees and expenses, of-2 times (-200%) the daily percentage change in the share price of D-Wave Quantum Inc. (NYSE: QBTS) The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. The Fund is an actively managed exchange traded fund that attempts to achieve 2 times the inverse (-200%) of the daily percentage change in the price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts.
From its prospectus, filed Aug 28, 2026- Category
- Inverse
- Expense ratio
- 2.31%
- Tracks
- -2× QBTS daily
- Inception
- Oct 2025
Comparisons