QPUX
Defiance 2X Daily Long Pure Quantum ETF
📎 Investment Objective
The Defiance 2X Daily Long Pure Quantum ETF (QPUX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Defiance Quantum Computing Index.
Overview
ETF tracking Defiance 2X Daily Long Pure Quantum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance 2X Daily Long Pure Quantum ETF (QPUX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Defiance Quantum Computing Index.
🎯 Investment Strategy
The fund uses a range of financial instruments, such as swap agreements and futures contracts, to provide leveraged exposure to the Defiance Quantum Computing Index. This index tracks the performance of companies involved in the development and commercialization of quantum computing technologies.
✨ Key Features
- Provides 2x the daily performance of the Defiance Quantum Computing Index
- Utilizes derivatives to achieve leveraged exposure
- Focuses on the emerging quantum computing industry
- Designed for short-term, speculative trading
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for increased volatility compared to the underlying index
- Risks associated with the use of derivatives, such as counterparty risk
- Concentration risk as the fund is focused on a specific industry
👤 Best For
This ETF is designed for experienced, risk-tolerant investors who seek to potentially amplify their exposure to the performance of the quantum computing industry on a short-term basis. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.
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