Defiance 2X Daily Long Pure Quantum ETF (QPUX) Performance
QPUX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −86.7% since Dec 31, 2025
- 1 year
- −94.9% total return
- Since first price
- −88.8% since 2025
QPUX trailing returns vs SPY, QQQ, AGG
| Period | QPUX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −52.1% | −52.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −55.5% | −55.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −74.6% | −74.6% | +7.8% | +8.4% | −1.5% |
| YTD | −86.7% | −86.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −94.9% | −94.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 7, 2025 | −88.8% | −88.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QPUX vs SPY
From Aug 7, 2025: QPUX grew to $1,115, SPY to $12,183.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QPUX returns by calendar year
2026 is year to date.
QPUX annual returns table
| Year | QPUX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −86.7% | −90.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QPUX largest drawdowns
Now 97.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 14, 2025 | −97.4% | Oct 23, 2026 | not yet | 1.0 years | 1.0 years so far |
| Aug 12, 2025 | −27.6% | Aug 21, 2025 | Sep 12, 2025 | 9 days | 31 days |
| Sep 23, 2025 | −23.7% | Sep 30, 2025 | Oct 3, 2025 | 7 days | 10 days |
| Oct 7, 2025 | −16.5% | Oct 10, 2025 | Oct 13, 2025 | 3 days | 6 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QPUX risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −73.8% |
| Volatility (annualized) | 194.9% |
| Sharpe ratio | 0.10 |
| Sortino ratio | 0.19 |
| Best month | +107.4% |
| Worst month | −59.9% |
| Best 12 months | −73.8% |
| Worst 12 months | −88.7% |
| Positive months | 31% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QPUX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | −95.7% | −88.7% | −73.8% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
QPUX performance overview
Defiance 2X Daily Long Pure Quantum ETF (QPUX) returned −94.9% over the past year, with distributions reinvested. Since its first recorded price on Aug 7, 2025 it has returned −88.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −97.4%, from Oct 14, 2025 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 194.9% a year.
Related: QPUX chart. See the QPUX overview for the latest quote and fund facts.
QPUX performance FAQ
What is the QPUX return over the past year?
QPUX returned −94.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 94.9%.
How much would $10,000 invested in QPUX be worth?
$10,000 invested in QPUX at its first recorded close on August 7, 2025 would be worth about $1,115 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QPUX?
The largest peak-to-trough decline was −97.4% between October 14, 2025 and October 23, 2026. It has not yet recovered to that high; it is 97.4% below its peak.
How volatile is QPUX?
Over the past history QPUX had an annualized volatility of 194.9% and a Sharpe ratio of 0.10 (excess return over 1–3 month T-bills per unit of risk).