Defiance 2X Daily Long Pure Quantum ETF (QPUX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
7.52 USD
+0.72
(10.588%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:16 a.m. EDT
This instrument is a leveraged daily product that has suffered catastrophic structural failure, dropping from a peak of $268.83 to under $10. This represents a loss of over 96% of its value, rendering any 'buy' thesis fundamentally flawed regardless of short-term technical bounces. The asset is currently trading near its 52-week low, confirming a complete breakdown of the underlying trend. The options market reflects this reality with a massive wall of put open interest, indicating that traders are aggressively insuring against further declines rather than betting on a recovery. With zero dividends and a history of such severe drawdowns typical of leveraged ETFs during prolonged downtrends, this security offers no margin of safety. It is a broken mechanical device; holding it exposes capital to the compounding decay of leverage without any income floor to offset the losses. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.196563 |
| AutoETS | 0.410181 |
| MSTL | 0.413230 |
| AutoARIMA | 0.414390 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 4.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.002 |
| Excess Kurtosis | 1.59 |
As of Oct. 10, 2026, 9:16 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 23, 26, 30) compared to negligible call volume. While there is some speculative call activity at distant strikes (50, 65), the dominant theme is hedging against a continued collapse, with implied volatility remaining relatively low despite the heavy put wall.
| Attribute | Value |
|---|---|
| All Time High | 268.83 |
| All Time Low | 6.29 |
| Ask | 23.89 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 387,440 |
| Average Daily Volume3 Month | 243,762 |
| Average Volume | 243,762 |
| Average Volume10Days | 387,440 |
| Beta3 Year | 0.0 |
| Bid | 14.13 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.52 |
| Day Low | 6.29 |
| Display Name | 2X Daily Long Pure Quantum ETF |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.258 |
| Fifty Day Average Change | -6.7380004 |
| Fifty Day Average Change Percent | -0.47257683 |
| Fifty Two Week Change Percent | -95.539734 |
| Fifty Two Week High | 180.81 |
| Fifty Two Week High Change | -173.29 |
| Fifty Two Week High Change Percent | -0.95840937 |
| Fifty Two Week Low | 6.29 |
| Fifty Two Week Low Change | 1.23 |
| Fifty Two Week Low Change Percent | 0.19554849 |
| Fifty Two Week Range | 6.29 - 180.81 |
| First Trade Date Milliseconds | 1,754,573,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.38999987 |
| Fullday Change Percent | -5.186168 |
| Fullday Price | 7.13 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,754,438,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-08-07 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks daily leveraged investment results, before fees and expenses, that correspond to two times (2X) the performance of an actively managed group of “pure quantum” company securities (the “Target Portfolio”) by employing derivatives, namely swap agreements and/or listed options contracts. It is non-diversified. |
| Long Name | Defiance 2X Daily Long Pure Quantum ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1929530410 |
| Nav Price | 6.707 |
| Net Assets | 36,077,920.0 |
| Net Expense Ratio | 1.29 |
| Open | 6.56 |
| Pre Market Change | -0.38999987 |
| Pre Market Change Percent | -5.186168 |
| Pre Market Price | 7.13 |
| Pre Market Time | 1,792,156,145 |
| Previous Close | 6.8 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.72 |
| Regular Market Change Percent | 10.5882 |
| Regular Market Day High | 7.52 |
| Regular Market Day Low | 6.29 |
| Regular Market Day Range | 6.29 - 7.52 |
| Regular Market Open | 6.56 |
| Regular Market Previous Close | 6.8 |
| Regular Market Price | 7.52 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 427,966 |
| Short Name | Defiance 2X Daily Long Pure Qua |
| Source Interval | 15 |
| Symbol | QPUX |
| Total Assets | 36,077,920 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -53.47229 |
| Trailing Three Month Returns | -53.47229 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.827934 |
| Two Hundred Day Average Change | -18.307934 |
| Two Hundred Day Average Change Percent | -0.70884234 |
| Type Disp | ETF |
| Volume | 427,966 |
| Yield | 0.0 |
| Ytd Return | -72.94147 |