# QUBX (Tradr 2X Long QUBT Daily ETF)

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

Three months to Sep 11, 2026: QUBX returned −47.4% where its own daily promise gave −43.8%, 3.6 points short.

## Key facts

- QUBX, what QUBT did: −19.5%, as of Sep 11, 2026.
- QUBX, what +2 times a day gives: −43.8%, as of Sep 11, 2026.
- QUBX, what the fund returned: −47.4%, as of Sep 11, 2026.
- QUBX, the fund itself cost: −3.6 pts, as of Sep 11, 2026.
- QUBX, net assets: $36m (source, as filed for Jun 30, 2026).
- QUBX, expense ratio: 1.30% (485BPOS XBRL, Jul 23, 2026).

## QUBX over each window to Sep 11, 2026

| Window | Fund | QUBT | +2x the move | Difference | QUBT moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −23.8% | −10.4% | −20.9% | −3.0 pts | 59% |
| 3 months | −47.4% | −19.5% | −39.1% | −8.3 pts | 76% |
| 6 months | −27.6% | +9.4% | +18.9% | −46.5 pts | 89% |
| 1 year | −92.5% | −49.7% | −99.4% | +6.9 pts | 100% |
| Since launch | −94.9% | −54.4% | −108.8% | +13.9 pts | 96% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of QUBT, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.43 times, against +2 stated | ETFIQ |
| Underlying | QUBT | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $36m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.30% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Jun 24, 2025 | ETFIQ |
| Underlying volatility over the window | 76% annualized | ETFIQ |

## Questions

### Did QUBX return +2 times QUBT?

Over the window to Sep 11, 2026, QUBT moved −19.5% and QUBX returned −47.4%. 2 times that move is −39.1%, so the fund came out 8.3 points short of it.

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

Because it resets daily. QUBX 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, QUBX, data as of Sep 11, 2026. https://etfiq.com/funds/QUBX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/QUBX  ·  JSON: https://etfiq.com/funds/QUBX.json