QPUX ETF — Defiance 2X Daily Long Pure Quantum ETF

Defiance 2X Daily Long Pure Quantum ETF (QPUX)

QPUX is an ETF. As of September 4, 2026, its expense ratio is 1.29%. Total return is -76.6% over the past 1.1 years, 100.2 points behind SPY at 23.6%.

Defiance 2X Daily Long Pure Quantum ETF is a leveraged equity fund that uses derivatives to seek daily investment results matching twice the performance of an actively managed portfolio of pure quantum company securities. The fund has a high expense ratio and employs leverage through swap agreements and options contracts, making it designed for active traders rather than long-term holders seeking regular income. It appeals to investors with high risk tolerance seeking amplified exposure to the quantum computing sector on a daily basis.

QPUX performance versus SPY

Data as of September 4, 2026.

Total return is -76.6% over the past 1.1 years, 100.2 points behind SPY at 23.6%. Its deepest 1-year drawdown was 95.1%.

QPUX key facts

Data as of September 4, 2026.

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

08/06/2025

Expense ratio

1.29%

Distribution frequency

None

30-day SEC yield

-0.72%

Last close

$13.56

NAV

$13.27

Premium / discount

2.19% premium

AUM

$34,451,783

Average volume

157704.0

Beta

7.557

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (-0.72%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. 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. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

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

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 95.1%.

Who may consider QPUX — and who may not

It is a weaker fit for investors who need monthly cash flow (QPUX does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Defiance ETFs.