Defiance Daily Target 2X Short QBTS ETF (QBTZ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
3.93 USD
+0.35
(9.777%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 3.90 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:41 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:51 a.m. EDT
This instrument is a leveraged bet on the collapse of the quantum computing sector, specifically targeting D-Wave, and the recent headlines confirm that thesis is playing out with violent intensity. The underlying 'Quantum Stock Meltdown' has driven this ETF up massively, but the mechanics of a daily-reset short ETF mean that any stabilization or recovery in the underlying assets will cause this fund to bleed value rapidly due to compounding decay. The price action shows a volatile but generally lower trading range compared to the 52-week high, reflecting the market's continued skepticism. With zero dividends and a structure designed to lose money if the underlying doesn't crash further, there is no long-term hold case here. The options market agrees, with heavy put positioning suggesting traders expect the carnage to continue. This is a high-risk, tactical trade for those betting on a total sector wipeout, not an investment. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.238031 |
| AutoARIMA | 0.238035 |
| MSTL | 0.255434 |
| AutoTheta | 0.862342 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 1.87 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.268 |
| Excess Kurtosis | -1.04 |
As of Aug. 22, 2026, 3:51 a.m. EDT: Speculators are overwhelmingly positioning for further downside, evidenced by significant open interest in out-of-the-money puts relative to calls. Call activity is negligible, while put volume and open interest concentrate at strikes significantly below the current price, indicating a bearish sentiment on the underlying quantum sector.
| Attribute | Value |
|---|---|
| All Time High | 96.84 |
| All Time Low | 2.675 |
| Ask | 3.58 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 3,882,460 |
| Average Daily Volume3 Month | 4,441,723 |
| Average Volume | 4,441,723 |
| Average Volume10Days | 3,882,460 |
| Beta3 Year | 0.0 |
| Bid | 2.11 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.06 |
| Day Low | 3.64 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.28082 |
| Fifty Day Average Change | -0.35081983 |
| Fifty Day Average Change Percent | -0.08195155 |
| Fifty Two Week Change Percent | -93.14567 |
| Fifty Two Week High | 96.84 |
| Fifty Two Week High Change | -92.909996 |
| Fifty Two Week High Change Percent | -0.9594176 |
| Fifty Two Week Low | 2.675 |
| Fifty Two Week Low Change | 1.2550001 |
| Fifty Two Week Low Change Percent | 0.46915892 |
| Fifty Two Week Range | 2.675 - 96.84 |
| First Trade Date Milliseconds | 1,759,843,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.35 |
| Fullday Change Percent | 9.77654 |
| Fullday Price | 3.9 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,759,708,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-07 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The management has adopted a policy to have at least 80% of fund's net assets, plus borrowings for investment purposes, in financial instruments with economic characteristics that should provide 2 times the inverse exposure to the daily performance of the underlying security. For purposes of the 80% policy, derivatives will be valued at notional value. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Short QBTS ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1948344240 |
| Nav Price | 3.5846 |
| Net Assets | 5,560,003.0 |
| Net Expense Ratio | 1.29 |
| Open | 3.71 |
| Post Market Change | -0.029999971 |
| Post Market Change Percent | -0.76335806 |
| Post Market Price | 3.9 |
| Post Market Time | 1,787,960,468 |
| Previous Close | 3.58 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.35 |
| Regular Market Change Percent | 9.77654 |
| Regular Market Day High | 4.06 |
| Regular Market Day Low | 3.64 |
| Regular Market Day Range | 3.64 - 4.06 |
| Regular Market Open | 3.71 |
| Regular Market Previous Close | 3.58 |
| Regular Market Price | 3.93 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,951,259 |
| Short Name | Defiance Daily Target 2x Short |
| Source Interval | 15 |
| Symbol | QBTZ |
| Total Assets | 5,560,003 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -72.32504 |
| Trailing Three Month Returns | -72.32504 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.22298 |
| Two Hundred Day Average Change | -20.29298 |
| Two Hundred Day Average Change Percent | -0.83775735 |
| Type Disp | ETF |
| Volume | 1,951,259 |
| Ytd Return | -84.64002 |