{
 "ticker": "QUBX",
 "name": "Tradr 2X Long QUBT Daily ETF",
 "issuer": "Tradr",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/qubx",
 "html": "https://etfiq.com/funds/qubx",
 "markdown": "https://etfiq.com/funds/qubx.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: QUBX returned \u221231.1% where its own daily promise gave \u221226.1%, 5.0 points short.",
 "key_facts": [
  {
   "key": "what_qubt_did",
   "label": "What QUBT did",
   "value": "\u22129.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "QUBX, what QUBT did: \u22129.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221226.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "QUBX, what 2 times a day gives: \u221226.1%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221231.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "QUBX, what the fund returned: \u221231.1%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22125.0 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "QUBX, the fund itself cost: \u22125.0 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$20m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "QUBX, net assets: $20m (the issuer\u2019s own daily fund list, as of Oct 2, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.30%",
   "source": "485BPOS XBRL, Jul 23, 2026",
   "as_of": "2026-10-02",
   "sentence": "QUBX, expense ratio: 1.30% (485BPOS XBRL, Jul 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of QUBT, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+3.24 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "QUBT",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$20m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 2, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.30%",
   "source": "485BPOS XBRL, Jul 23, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 24, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "63% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+4.9%",
   "QUBT": "+4.3%",
   "+2x the move": "+8.7%",
   "Difference": "\u22123.8 pts",
   "QUBT moved about": "37%"
  },
  {
   "window": "3 months",
   "Fund": "\u221231.1%",
   "QUBT": "\u22129.6%",
   "+2x the move": "\u221219.2%",
   "Difference": "\u221211.9 pts",
   "QUBT moved about": "63%"
  },
  {
   "window": "6 months",
   "Fund": "\u221213.1%",
   "QUBT": "+19.1%",
   "+2x the move": "+38.1%",
   "Difference": "\u221251.2 pts",
   "QUBT moved about": "87%"
  },
  {
   "window": "1 year",
   "Fund": "\u221294.7%",
   "QUBT": "\u221259.1%",
   "+2x the move": "\u2212118.1%",
   "Difference": "+23.4 pts",
   "QUBT moved about": "95%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221294.8%",
   "QUBT": "\u221253.3%",
   "+2x the move": "\u2212106.6%",
   "Difference": "+11.9 pts",
   "QUBT moved about": "94%"
  }
 ],
 "questions": [
  {
   "q": "Did QUBX return +2 times QUBT?",
   "a": "Over the window to Oct 2, 2026, QUBT moved \u22129.6% and QUBX returned \u221231.1%. 2 times that move is \u221219.2%, so the fund came out 11.9 points short of it."
  },
  {
   "q": "Why does QUBX not return +2 times over a year?",
   "a": "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."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}