Industry description
The investment seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of IonQ, Inc. (NYSE: IONQ).
The fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the Defiance Daily Target 2X Long IONQ ETF ETF was 8%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was -7%. IONQ experienced the highest price growth at 17%, while IONQ experienced the biggest fall at 17%.