Key stats
About Tradr 2X Long QBTS Daily ETF
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Inception date
Apr 24, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
QBTX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of D-Wave Quantum Inc. (QBTS), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror QBTSs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold QBTS stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash120.32%
Miscellaneous−20.32%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QBTX assets under management is 44.04 M USD. It's fallen 10.87% over the last month.
QBTX fund flows account for 31.63 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, QBTX doesn't pay dividends to its holders.
QBTX shares are issued by SR Partners LLC under the brand Tradr. The ETF was launched on Apr 24, 2025, and its management style is Active.
QBTX expense ratio is 1.30% meaning you'd have to pay 1.30% of your investment to help manage the fund.
QBTX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QBTX invests in cash.
QBTX trades at a premium (0.28%) meaning the ETF is trading at a higher price than the calculated NAV.