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Defiance 2X Daily Long Pure Quantum ETF (QPUX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
14.44 USD -1.85 (-11.357%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 14.48 +0.04 (0.277%) ⇧ (Aug. 28, 2026, 7:53 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:50 a.m. EDT

This instrument is a leveraged daily ETF tracking the 'Pure Quantum' sector, which is effectively non-existent in the real economy. The data reveals a catastrophic failure of the underlying thesis: the price has collapsed from a peak of $268.83 to around $19, representing a loss of nearly 93% over the trailing period. The lack of any meaningful price history beyond a single anchor point confirms this is a brand-new or recently delisted vehicle that has already undergone a total implosion. The options market is screaming 'crash,' with billions of dollars in implied protection bought at strikes far below the current price, while the statistical forecast model offers zero directional clarity due to the extreme volatility and lack of data. There is no business quality here, no revenue growth, and no balance sheet to speak of—just a leveraged bet on a concept that has already failed spectacularly. Holding this is akin to betting on a horse that has already finished the race and crashed.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.331456
AutoETS0.331466
AutoTheta0.332454
MSTL0.395067

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 30%
H-stat 1.33
Ljung-Box p 0.000
Jarque-Bera p 0.511
Excess Kurtosis -0.47

As of Aug. 22, 2026, 4:50 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes $5, $10, $13) and significant volume spikes in low strikes. While there is some speculative call activity at very high strikes ($40-$75), the overwhelming capital deployment is in put writing and buying, suggesting a fear of a severe collapse or a 'gamma squeeze' scenario where the market expects the price to drop significantly below current levels.


Info Dump

Attribute Value
All Time High 268.83
All Time Low 11.83
Ask 23.89
Ask Size 2
Average Daily Volume10 Day 198,840
Average Daily Volume3 Month 222,387
Average Volume 222,387
Average Volume10Days 198,840
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 15.8
Day Low 14.04
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.52412
Fifty Day Average Change -5.0841208
Fifty Day Average Change Percent -0.26040205
Fifty Two Week Change Percent -73.02095
Fifty Two Week High 268.83
Fifty Two Week High Change -254.38998
Fifty Two Week High Change Percent -0.9462857
Fifty Two Week Low 11.83
Fifty Two Week Low Change 2.6099997
Fifty Two Week Low Change Percent 0.2206255
Fifty Two Week Range 11.83 - 268.83
First Trade Date Milliseconds 1,754,573,400,000
Full Exchange Name NasdaqGM
Fullday Change -1.85
Fullday Change Percent -11.3567
Fullday Price 14.48
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 CLOSED
Max Age 86,400
Message Board Id finmb_1929530410
Nav Price 16.3751
Net Assets 33,280,712.0
Net Expense Ratio 1.29
Open 15.77
Post Market Change 0.03999996
Post Market Change Percent 0.27700806
Post Market Price 14.48
Post Market Time 1,787,961,232
Previous Close 16.29
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.85
Regular Market Change Percent -11.3567
Regular Market Day High 15.8
Regular Market Day Low 14.04
Regular Market Day Range 14.04 - 15.8
Regular Market Open 15.77
Regular Market Previous Close 16.29
Regular Market Price 14.44
Regular Market Time 1,787,947,200
Regular Market Volume 304,089
Short Name Defiance 2X Daily Long Pure Qua
Source Interval 15
Symbol QPUX
Total Assets 33,280,712
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -43.39711
Trailing Three Month Returns -43.39711
Triggerable 1
Two Hundred Day Average 33.85102
Two Hundred Day Average Change -19.411022
Two Hundred Day Average Change Percent -0.573425
Type Disp ETF
Volume 304,089
Ytd Return -68.89235