Daily Target 2X Short IONQ ETF
IONZ
NASDAQ Global Select- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Defiance ETFs LLC (Defiance) issues the Defiance Daily Target 2X Short IONQ ETF (ticker: IONZ), a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, equal to -200% of the daily percentage change in the share price of IonQ Inc. (NYSE: IONQ), a leading quantum computing company developing trapped-ion quantum hardware, software, and cloud-based access services; the fund achieves its target primarily through swap agreements with counterparties including Marex, Nomura, Cantor, and CS, collateralized by U.S. Treasury bills, government obligations funds, and cash equivalents. IONZ forms part of Defiance's suite of single-stock leveraged and inverse ETFs, which also includes products like OKLL (2X Long OKLO) and SOUX (2X Long SOUN), designed for short-term tactical trading by investors seeking amplified bearish exposure to high-growth stocks without margin accounts. Defiance operates in the thematic, income, and leveraged ETF segments, targeting active retail and institutional traders focused on technology and innovation sectors. Founded in 2018 and headquartered in Miami, Florida, Defiance emphasizes first-mover innovation in ETF products listed on Nasdaq, with geographic operations centered in the United States. In June 2025, Defiance launched IONZ alongside its companion single-stock leveraged ETFs as part of an expanded product lineup empowering leveraged trading strategies. The fund underwent a 1-for-6 reverse stock split announced in November 2025, with shares trading on a split-adjusted basis starting December 9, 2025, and a subsequent reverse split in early December 2025, reflecting operational adjustments amid volatile performance since inception on June 23, 2025. Defiance continues to innovate under the advisory of Tidal Investments LLC, maintaining monthly distribution frequency for IONZ with hard copies of prospectuses available via 833.333.9383.