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

Defiance · Leveraged ETFs · data as of Oct 9, 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: $28m (the issuer’s own daily fund list, as of Oct 8, 2026).
- QPUX, expense ratio: 1.29% (485BPOS XBRL, Aug 24, 2026).
- QPUX, underlying: Pure Quantum (no investable tracker), as of Oct 9, 2026.
- QPUX, sets out to return: +2 times the daily move of Pure Quantum, reset daily, as of Oct 9, 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 | $28m | the issuer’s own daily fund list, as of Oct 8, 2026 |
| Expense ratio | 1.29% | 485BPOS XBRL, Aug 24, 2026 |
| First traded | Aug 7, 2025 | ETFIQ |

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

Monthly figures only. Jul 2026: +$4.7m, 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/qpux.json. Method: https://etfiq.com/methodology/flows

## 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, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/qpux
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/qpux  ·  JSON: https://etfiq.com/funds/qpux.json