# QPUX (Defiance 2X Daily Long Pure Quantum ETF)

Defiance · Leveraged ETFs · data as of Sep 11, 2026

QPUX aims to return +2 times Pure Quantum's move each day, then resets. Over one day it does that.

## Key facts

- QPUX, net assets: $30m (source, as filed for Apr 30, 2026).
- QPUX, expense ratio: 1.29% (485BPOS XBRL, Aug 24, 2026).
- QPUX, underlying: Pure Quantum (no investable tracker), as of Sep 11, 2026.
- QPUX, sets out to return: +2 times the daily move of Pure Quantum, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of Pure Quantum, reset daily | ETFIQ |
| Underlying | Pure Quantum (no investable tracker) | ETFIQ |
| Segment | sector or country, theme | ETFIQ |
| Net assets | $30m | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.29% | 485BPOS XBRL, Aug 24, 2026 |
| Launched | Aug 7, 2025 | ETFIQ |

## Questions

### Why does QPUX not return +2 times over a year?

Because it resets daily. QPUX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, QPUX, data as of Sep 11, 2026. https://etfiq.com/funds/QPUX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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