QPUX ETF — Defiance 2X Daily Long Pure Quantum ETF

Defiance 2X Daily Long Pure Quantum ETF (QPUX)

Updated October 16, 2026.

QPUX is an ETF. its expense ratio is 1.29%. Total return is -88.5% over the past 1.2 years, 110.9 points behind SPY at 22.4%.

This ETF seeks to deliver twice the daily performance of an actively managed portfolio of "pure quantum" company securities through the use of derivatives such as swaps and options contracts; it is non-diversified and carries leverage risk. The fund does not currently distribute income, with an expense ratio of 1.29%. It appeals to traders and sophisticated investors seeking leveraged exposure to the quantum computing sector on a short-term basis, though the daily reset mechanism of leveraged funds makes them unsuitable as long-term holdings.

QPUX performance versus SPY

Price and return data through 2026-10-16.

Total return is -88.5% over the past 1.2 years, 110.9 points behind SPY at 22.4%. Its deepest 1-year drawdown was 96.4%.

QPUX key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

08/06/2025

Expense ratio

1.29%

Distribution frequency

Annual

Last close

$6.57 (stale; as of 2026-10-16)

AUM

$24,424,410

Average volume

483000.0

Beta

7.557

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield 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: Defiance ETFs or company page; 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.

QPUX risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 96.4%.

Who may consider QPUX — and who may not

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

More on QPUX

• All tickers starting with Q

Tagged: Quantum, Leverage.

Frequently asked questions

More securities from Defiance ETFs.