The Defiance Daily Target 2X Short IONQ ETF is an exchange-traded fund engineered to deliver twice the inverse (-200%) of the daily percentage change in the share price of IonQ, Inc., a leading quantum computing company. This ETF is primarily designed for investors with a short-term bearish perspective on IonQ, seeking leveraged inverse exposure to its stock’s daily performance. By utilizing financial derivatives and other techniques, the fund magnifies the daily inverse movements of IonQ, allowing traders to potentially benefit from rapid declines in the underlying stock price without the need for margin accounts or direct short sales. As part of a suite of single-stock leveraged and inverse ETFs, the Defiance Daily Target 2X Short IONQ ETF plays a specialized role for active market participants who closely monitor and manage their portfolios. Given its daily reset and compounding effects, this ETF is intended for short-term tactical strategies rather than long-term holdings. Its structure introduces amplified volatility and risk, making it suitable mainly for knowledgeable traders who understand leveraged investment products and their unique behavior over periods longer than a single day.
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