Defiance Daily Target 2X Long IONQ ETF (IONX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
26.16 USD
-5.99
(-18.631%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 25.84 -0.32 (-0.320%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:20 a.m. EDT
The immediate outlook is sharply negative, driven by a violent 40%+ collapse over the last two weeks and a distinct lack of buying support. The price has cratered from the $62 highs to the $32 lows, leaving the asset significantly below its 50-day and 200-day moving averages. While the 3.27% yield looks attractive on paper, it is a trap for a leveraged ETF that has lost nearly half its value in a short span; the payout is likely a result of compounding losses rather than sustainable cash flow. The options market confirms this fear, with traders pouring capital into cheap puts while ignoring upside potential. For a long-term hold, the underlying asset (IONQ) faces severe uncertainty, making this a neutral-to-bearish hold until the volatility subsides. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.609724 |
| AutoETS | 0.609758 |
| MSTL | 0.630355 |
| AutoTheta | 0.660958 |
| MSTL_56 | 0.817816 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 1.13 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.358 |
| Excess Kurtosis | -0.38 |
As of July 11, 2026, 6:20 a.m. EDT: Speculators are aggressively positioning for a massive downside move, evidenced by heavy volume in deep out-of-the-money puts (strikes 5, 7, 8) and significant new flow into lower strikes compared to open interest. Conversely, call activity is sparse and concentrated near the money, with negligible volume in deep OTM calls. This asymmetry suggests a 'bear put spread' or hedging strategy rather than a bullish momentum play.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.659 | 2.501131 |
| Attribute | Value |
|---|---|
| All Time High | 311.865 |
| All Time Low | 16.81 |
| Ask | 33.22 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 763,540 |
| Average Daily Volume3 Month | 2,084,098 |
| Average Volume | 2,084,098 |
| Average Volume10Days | 763,540 |
| Beta3 Year | 0.0 |
| Bid | 22.14 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.93 |
| Day Low | 25.75 |
| Dividend Yield | 3.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 60.9037 |
| Fifty Day Average Change | -34.743702 |
| Fifty Day Average Change Percent | -0.57046944 |
| Fifty Two Week Change Percent | -67.297325 |
| Fifty Two Week High | 311.865 |
| Fifty Two Week High Change | -285.705 |
| Fifty Two Week High Change Percent | -0.91611755 |
| Fifty Two Week Low | 16.81 |
| Fifty Two Week Low Change | 9.35 |
| Fifty Two Week Low Change Percent | 0.5562166 |
| Fifty Two Week Range | 16.81 - 311.865 |
| First Trade Date Milliseconds | 1,741,786,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,741,651,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-12 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long IONQ ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1916074853 |
| Nav Price | 35.2055 |
| Net Assets | 229,234,912.0 |
| Net Expense Ratio | 1.29 |
| Open | 30.62 |
| Post Market Change | -0.3199997 |
| Post Market Change Percent | -1.2232404 |
| Post Market Price | 25.84 |
| Post Market Time | 1,783,987,180 |
| Previous Close | 32.15 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -5.99 |
| Regular Market Change Percent | -18.6314 |
| Regular Market Day High | 30.93 |
| Regular Market Day Low | 25.75 |
| Regular Market Day Range | 25.75 - 30.93 |
| Regular Market Open | 30.62 |
| Regular Market Previous Close | 32.15 |
| Regular Market Price | 26.16 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 1,492,980 |
| Short Name | Defiance Daily Target 2X Long I |
| Source Interval | 15 |
| Symbol | IONX |
| Total Assets | 229,234,912 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 144.08604 |
| Trailing Three Month Returns | 144.08604 |
| Triggerable | 1 |
| Two Hundred Day Average | 80.37343 |
| Two Hundred Day Average Change | -54.21343 |
| Two Hundred Day Average Change Percent | -0.6745193 |
| Type Disp | ETF |
| Volume | 1,492,980 |
| Yield | 0.0327 |
| Ytd Return | -21.88603 |