Tradr 2X Long QBTS Daily ETF (QBTX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
8.90 USD
-1.48
(-14.258%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 8.80 -0.10 (-0.100%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:43 a.m. EDT
This leveraged ETF is currently in a severe downtrend, having lost nearly 60% of its value over the trailing fifty-two weeks, trading near its 52-week low. The recent price action confirms this bearishness, with the stock closing below its 50-day and 200-day moving averages and failing to recover from recent lows. The massive dividend yield of 29% is a mathematical artifact of the leveraged structure combined with the precipitous price drop, not a sustainable income stream; it represents capital destruction rather than value. Options data reinforces this pessimism, with traders aggressively buying protection at lower price levels while showing little conviction in a rebound. Although the underlying quantum company (QBTS) recently saw its stock cut in half, creating potential for a leveraged bounce, the ETF's compounding drag and the lack of immediate catalysts make it a dangerous speculative vehicle right now. It is best viewed as a distressed asset to be avoided until the underlying trend stabilizes. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.354988 |
| AutoETS | 0.383751 |
| AutoARIMA | 0.383759 |
| AutoTheta | 0.384821 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.397 |
| Excess Kurtosis | -0.44 |
| Attribute | Value |
|---|---|
| Trailing P/E | 7.90 |
As of July 11, 2026, 6:43 a.m. EDT: Speculators are positioning defensively with heavy put volume and significant open interest walls at strikes well below the current price (e.g., 10, 12, 13), suggesting a fear of a sharp decline. While there is some call activity at higher strikes (21, 27, 36), the volume is negligible compared to the put flow, indicating a 'hedge' strategy rather than a bullish bet. Implied volatility is elevated on deep out-of-the-money puts, reflecting anxiety about downside risk.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-12 | 4.365 | 12.121633 |
| Attribute | Value |
|---|---|
| All Time High | 171.18666 |
| All Time Low | 6.24 |
| Ask | 0.0 |
| Ask Size | 2,800 |
| Average Daily Volume10 Day | 1,375,570 |
| Average Daily Volume3 Month | 2,722,688 |
| Average Volume | 2,722,688 |
| Average Volume10Days | 1,375,570 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 800 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.96 |
| Day Low | 8.77 |
| Dividend Yield | 29.06 |
| Eps Trailing Twelve Months | 1.1271917 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.3783 |
| Fifty Day Average Change | -7.4783 |
| Fifty Day Average Change Percent | -0.45659807 |
| Fifty Two Week Change Percent | -60.229885 |
| Fifty Two Week High | 171.18666 |
| Fifty Two Week High Change | -162.28667 |
| Fifty Two Week High Change Percent | -0.94801 |
| Fifty Two Week Low | 6.24 |
| Fifty Two Week Low Change | 2.6599998 |
| Fifty Two Week Low Change Percent | 0.42628205 |
| Fifty Two Week Range | 6.24 - 171.18666 |
| First Trade Date Milliseconds | 1,745,587,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,745,452,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of QBTS. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on QBTS. The fund is non-diversified. |
| Long Name | Tradr 2X Long QBTS Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1934867830 |
| Nav Price | 10.3678 |
| Net Assets | 118,216,000.0 |
| Net Expense Ratio | 1.3 |
| Open | 10.02 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.09999943 |
| Post Market Change Percent | -1.1235892 |
| Post Market Price | 8.8 |
| Post Market Time | 1,783,987,168 |
| Previous Close | 10.38 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.48 |
| Regular Market Change Percent | -14.2582 |
| Regular Market Day High | 9.96 |
| Regular Market Day Low | 8.77 |
| Regular Market Day Range | 8.77 - 9.96 |
| Regular Market Open | 10.02 |
| Regular Market Previous Close | 10.38 |
| Regular Market Price | 8.9 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,750,128 |
| Short Name | Tradr 2X Long QBTS Daily ETF |
| Source Interval | 15 |
| Symbol | QBTX |
| Total Assets | 118,216,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 7.8957286 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 90.38873 |
| Trailing Three Month Returns | 90.38873 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.59026 |
| Two Hundred Day Average Change | -23.69026 |
| Two Hundred Day Average Change Percent | -0.72691226 |
| Type Disp | ETF |
| Volume | 1,750,128 |
| Yield | 0.2906 |
| Ytd Return | -54.65383 |