Symbols

QBTZ

Defiance Daily Target 2X Short QBTS ETF·NASDAQ

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Key Stats

Assets Under Management

17.84MUSD

Fund Flows (1Y)

-3.86MUSD

Dividend Yield

Discount/Premium to NAV

-0.23%

Shares Outstanding

1.13M

Expense Ratio

1.29%

About Defiance Daily Target 2X Short QBTS ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/qbtz/

Inception Date

Oct 6, 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

QBTZ provides investors with amplified inverse exposure to D-Wave Quantum Inc. (NYSE: QBTS), a pioneer in the commercialization of quantum computing technology. QBTZ seeks to deliver -200% of the daily performance of D-Wave's stock, offering active traders a tactical vehicle to pursue enhanced downside exposure without the need for a margin account.