Defiance 2X Daily Long Pure Quantum ETF

Defiance 2X Daily Long Pure Quantum ETF is a leveraged exchange-traded fund that seeks to deliver twice the daily performance of an actively managed basket of pure quantum computing companies. The fund focuses on businesses involved in quantum hardware, software, communications, hybrid computing technologies, and related machine learning innovations, using derivatives such as swap agreements and listed options to create its exposure. Its portfolio is concentrated in a small group of quantum-focused U.S. companies and is managed with a daily rebalancing approach to maintain its target exposure. Defiance 2X Daily Long Pure Quantum ETF is designed to provide targeted access to a rapidly developing technology niche within the broader financial market, offering a specialized tool for investors seeking sector-specific exposure through an ETF structure.