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Dividend Vision

QBTX ETF — Tradr 2X Long QBTS Daily ETF

Tradr 2X Long QBTS Daily ETF (QBTX)

Updated November 6, 2026.

Verdict as of November 6, 2026 close

QBTX's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (13/100, medium confidence). The latest recorded payment is $4.36 (ex-date December 12, 2025).

Sources: Tradr, Section 19a-1 notices, scoring methodology.

QBTX is an ETF linked to D-Wave Quantum (QBTS). Its trailing-12-month yield is 208.60%, its expense ratio is 1.31%. Dividend Vision Distribution Safety Score™ is 13/100 (Unproven). Total return is -80.5% over the past 1.5 years, 100.7 points behind QBTS at 20.2%.

QBTX dividend yield and income

Price as of 2026-11-06.

Trailing-12-month yield (208.60%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $17.45996. The ex-dividend date is 12/12/2025. The payment date is 12/18/2025.

1 recorded distributions
Ex-dateAs paidPer current shareChange from previous payment
2025-12-12$4.36499$17.45996—
2025 total (partial launch year)—$17.45996—

QBTX reference asset

Economic / reference exposure: QBTS.

QBTX performance versus QBTS

Total return is -80.5% over the past 1.5 years, 100.7 points behind QBTS at 20.2%. Over the past year its total return — price change plus distributions reinvested — is -97.4%. Its deepest 1-year drawdown was 97.4%.

WindowTotal returnCAGR
1M-69.4%—
3M-85.3%—
6M-90.1%—
YTD-95.3%—
1Y-97.4%—
Since 2025-04-25 (first price on file) · 1.5 years-80.5%-65.60%

QBTX key facts

Distribution Safety Score™
13 · Unproven
Issuer
Tradr
Asset type
ETF
Asset class
Equity
Inception date
04/24/2025
Expense ratio
1.31%
Distribution frequency
Annual
Trailing yield
208.60%
Last close
$8.37 (as of 2026-11-06)
AUM
$32,987,998
Average volume
710,844
Dividend
$17.45996
Ex-dividend date
12/12/2025
Payment date
12/18/2025
Beta
8.1436

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (208.60%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Tradr; Index: D-Wave Quantum (QBTS); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QBTX risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed QBTS over the available window. The deepest 1-year drawdown on record here is 97.4%.

Who may consider QBTX — and who may not

It is a weaker fit for investors who need monthly cash flow (QBTX pays annual); investors whose main goal is matching QBTS total return. This is educational context, not a recommendation to buy or sell.

More on QBTX

Tagged: Leverage.

Frequently asked questions

Does QBTX pay monthly?

No. QBTX currently pays annual, not monthly.

What is QBTX linked to?

QBTX is linked to D-Wave Quantum (QBTS), not a broad market index.

What is QBTX's expense ratio?

QBTX's expense ratio is 1.31%.

When does QBTX pay a dividend?

QBTX pays annual. The dividend amount is $17.45996. The ex-dividend date is 12/12/2025. The payment date is 12/18/2025.

How has QBTX performed?

Total return is -80.5% over the past 1.5 years, 100.7 points behind QBTS at 20.2%. Over the past year its total return — price change plus distributions reinvested — is -97.4%. Its deepest 1-year drawdown was 97.4%.

Is QBTX a good investment?

QBTX's Dividend Vision Distribution Safety Score is 13 (Unproven). That is a risk signal, not investment advice. Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.