# QBTS Leveraged ETFs: 2x & Inverse, Compared

> 3 leveraged and inverse ETFs on QBTS: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## QBTS leveraged and inverse ETFs

As of Oct 27, 2026, 3 ETFs aim to return −2x to 2x the daily move in D-Wave Quantum Inc (QBTS). 3 issuers sell them. Over three months they finished from −50.4 to +2.1 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 3 leveraged and inverse ETFs on QBTS

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| QBTX | Tradr 2X Long QBTS Daily ETF | Tradr | +6.3 pts | +1.3 pts | not comparable | $36m | Oct 27, 2026 | 1.31% | −54.3% | −61.1% | −91.3% | −96.3% | not available | −63.0% since Apr 2025 | +2x |
| QBTZ | Defiance Daily Target 2X Short QBTS ETF | Defiance | +18.6 pts | −50.4 pts | −215.9 pts | $3.2m | Oct 26, 2026 | 2.31% | +79.2% | +12.0% | −80.7% | −85.1% | not available | −90.4% since Oct 2025 | -2x |
| QUA | Corgi QBTS 2x Daily ETF | Corgi | +6.9 pts | +2.1 pts | not available | $96,548 | Oct 27, 2026 | 0.45% | −53.7% | −60.3% | not available | not available | not available | −71.2% since Jul 2026 | +2x |

What QBTS itself did over the same days: −30.3% over one month, −31.2% over three months, −65.4% over one year.

### Questions people ask

Which 2x QBTS ETFs are there? As of Oct 27, 2026, 2 ETFs set out to return 2x the daily move in D-Wave Quantum Inc (QBTS): QBTX and QUA. Which inverse QBTS ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in D-Wave Quantum Inc (QBTS), at −2x: QBTZ. Which QBTS leveraged ETF is largest? QBTX , Tradr 2X Long QBTS Daily ETF, at $36m in net assets on Oct 27, 2026, the largest of the 3 on QBTS with a published size.

### Where to next

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, QBTS leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/qbts-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/leverage/qbts-leveraged-etfs