IONX Defiance Daily Target 2X Long IONQ ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 21.90 | Day Range | 21.33 – 22.64 |
| 52-Week Range | 16.80 – 308.79 | Volume | 576.14K |
| Avg Volume | 1.13M | AUM | $147.8M (Oct 10, 2026) |
| Expense Ratio | 1.38% | Yield (TTM) | 2.48% |
| NAV | 21.87 | Premium/Discount | +2.15% indicative |
| Inception | Mar 11, 2025 | Holdings | 11 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Technology | Index Tracked | Not stated in source data |
| CUSIP | 88636Y508 | ISIN | US88636Y5087 |
| Structure | Leveraged 2x | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The Fund seeks daily leveraged investment results of 2x (200%) the daily percentage change in the share price of IonQ, Inc. and in the share price of the Underlying Security. It is an actively-managed exchange traded fund that attempts to achieve daily percentage change for a single day, and not for any other period.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +4.25% | -30.51% | +9.03% | -65.68% | -91.74% | — | — | — | -30.81% |
| Total return | +4.25% | -30.51% | +9.03% | -65.68% | -91.53% | — | — | — | -29.73% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.38% | Annual cost of a $10,000 investment | $138.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 11 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Bill 11/19/2026 | — | 75.42% | 114.19M | $113.7M |
| 2 | IONQ, INC.-SWAP-MSCS-L | — | 33.14% | 1.25M | $50.0M |
| 3 | IONQ INC SWAP NOMURA | — | 29.48% | 1.11M | $44.5M |
| 4 | IONQ INC SWAP JNST-L | — | 27.95% | 1.06M | $42.1M |
| 5 | IONQ INC SWAP NBC-L | — | 25.96% | 981.18K | $39.1M |
| 6 | IONQ INC SWAP MAREX-L | — | 25.57% | 966.71K | $38.6M |
| 7 | IONQ INC SWAP CANTOR | — | 24.04% | 908.87K | $36.3M |
| 8 | IONQ INC SWAP L-CS | — | 23.09% | 872.62K | $34.8M |
| 9 | IONQ INC SWAP BMO | — | 10.82% | 409.00K | $16.3M |
| 10 | First American Government Obligations Fund… | — | 3.21% | 4.83M | $4.8M |
| 11 | Cash & Other | — | -178.69% | -269.43M | -$269.4M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Distributions
| Yield (TTM) | 2.48% | Paid (last 12 months) | $0.5530 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 30, 2025 | Last payment | $0.5530 (Dec 31, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 30, 2025 | Dec 30, 2025 | Dec 31, 2025 | $0.5530 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 183.88% / — | Sharpe 1Y / 3Y | -0.282 / — |
| Max drawdown 1Y / 3Y | -94.05% / — | Sortino 1Y | -0.433 |
| Beta vs S&P 500 (3Y) | 5.46 | Correlation vs S&P 500 (1Y) | 0.482 |
| Downside deviation 1Y | 120.05% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 576.14K | Average volume | 1.13M |
| AUM | $147.8M | Premium/Discount | +2.15% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$15.0M | -9.23% | $162.8M → $147.8M |
| 1 Month | -$19.3M | -13.00% | $148.1M → $147.8M |
| 1 Week | -$19.0M | -9.37% | $202.3M → $147.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for IONX
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.