Tradr 2X Long QUBT Daily ETF (QUBX) Stock Price, Quote, News & History

To achieve its objective the Fund will maintain at least 80 percent exposure to financial instruments that provide two times leveraged exposure to the daily performance of QUBT. This may include QUBT stock in addition to financial instruments discussed below. The Fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve on a daily basis, before fees and expenses, 200 percent performance of QUBT for a single day, not for any other period, by entering into one or more swap agreements and/or purchasing listed options on QUBT and/or investing directly in the common stock of QUBT. A single day is measured from the time the Fund calculates its net asset value (NAV) to the time of the Funds next NAV calculation. However, the use of option contracts or direct investments in common stock of QUBT is typically less efficient than swaps and may increase the likelihood that the Fund is unable to achieve its daily 2X objective.