# QNTU (Tradr 2X Long QNT Daily ETF)

Tradr · Leveraged ETFs · data as of Oct 21, 2026

Promise check: Delivered. Over three months to Oct 21, 2026, QNTU finished 1.6 points behind twice QNT's daily moves, compounded. https://etfiq.com/promise-index/leverage/

Over the three months to Oct 21, 2026, QNTU lost 60.3%, against −58.7% for twice QNT's daily moves.

## Key facts

- QNTU, what QNT did: −29.6%, as of Oct 21, 2026.
- QNTU, what 2 times a day gives: −58.7%, as of Oct 21, 2026.
- QNTU, what the fund returned: −60.3%, as of Oct 21, 2026.
- QNTU, gap to 2 times a day: −1.6 pts, as of Oct 21, 2026.
- QNTU, net assets: $3m (the issuer’s own daily fund list, as of Oct 21, 2026).
- QNTU, expense ratio: 1.49% (485BPOS XBRL, Jun 15, 2026).

## QNTU over each window to Oct 21, 2026

| Window | Total return | QNT | +2x the move | Difference | QNT moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −46.1% | −24.4% | −48.8% | +2.7 pts | 70% |
| 3 months | −60.3% | −29.6% | −59.2% | −1.1 pts | 90% |
| Since launch | −81.7% | −50.7% | not meaningful over this window | not meaningful over this window | 91% |

## QNTU key stats

- High since Jul 1, 2026, daily closes to Oct 21, 2026: $25.69 on Jul 6, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Jul 1, 2026, daily closes to Oct 21, 2026: $3.14 on Oct 14, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $4.21, 5% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of QNT, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.03911 times, against +2 stated | ETFIQ |
| Underlying | QNT | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Net assets | $3m | the issuer’s own daily fund list, as of Oct 21, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jun 15, 2026 |
| First traded | Jul 1, 2026 | ETFIQ |
| Underlying volatility over the window | 90% annualized | ETFIQ |

## Money in and out, to Jul 31, 2026

Monthly figures only. Jul 2026: +$1.1m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/qntu.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did QNTU return +2 times QNT?

Over the three months to Oct 21, 2026, QNT moved −29.6% and QNTU returned −60.3%. 2 times that move is −59.2%, so the fund came out 1.1 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 1.6 points short.

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

Because it resets daily. QNTU aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap.


## Cite this page

ETFIQ, QNTU, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/qntu
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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