Symbols

IONX

·NASDAQ

--(--)

Key Stats

Assets Under Management

203.05MUSD

Fund Flows (1Y)

199.49MUSD

Dividend Yield

Discount/Premium to NAV

0.09%

Shares Outstanding

7.62M

Expense Ratio

1.31%

About Defiance Daily Target 2X Long IONQ ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/ionx/

Inception Date

Mar 11, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

IONX uses swap agreements to make bullish bets on IonQ, Inc. (IONQ) share price. IONQ is a company specializing in the development of general-purpose quantum computers using trapped ion technology. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in IONQ's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. IONX could potentially lose value over time, even if IONQ's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.

Classification

Asset Class

Equity

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	-13.72%	-62.91%	+116.92%	+116.92%	+116.92%	+116.92%
NAV Total Return	-19.61%	-13.98%	+1.45%	+1.45%	+1.45%	+1.45%

No data is currently available

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