Investment Managers Series Trust II – Tradr 2X Long QUBT Daily ETF is a U.S.-domiciled exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of Quantum Computing Inc. common stock (NASDAQ: QUBT). Trading under the ticker QUBX, the fund provides leveraged, single-stock exposure to Quantum Computing Inc., a developer of quantum computing, quantum optics, photonics and related high-performance-computing technologies. The fund primarily obtains its exposure through derivatives, including swap agreements and options, rather than by necessarily holding QUBT shares directly; it may also hold cash, cash equivalents, short-term instruments and collateral associated with its derivative positions. QUBX is designed for investors seeking tactical, short-term leveraged exposure to daily movements in QUBT and is subject to daily rebalancing, compounding effects and the potential for losses that may be substantial over periods longer than one trading day.
QUBX is a series of Investment Managers Series Trust II, a Delaware statutory trust and registered open-end management investment company headquartered at 235 West Galena Street, Milwaukee, Wisconsin. The trust issues separate fund series and share classes, with each series representing a distinct pool of assets and liabilities. QUBX is part of the Tradr ETFs product family and was formed on June 23, 2025. Its shares are listed for trading on the NYSE Arca market. The fund targets institutional, professional and self-directed investors seeking amplified exposure to quantum-computing-related public-equity themes through a single-security leveraged ETF structure. Recent strategic developments include the expansion of the Tradr ETFs lineup of leveraged single-stock products into quantum-computing securities; QUBX was introduced alongside the Tradr 2X Long RGTI Daily ETF, expanding the sponsor’s offerings focused on companies operating in the quantum-computing sector. In January 2026, Investment Managers Series Trust II also established additional Tradr ETF series, including long and short OpenAI daily ETFs, reflecting the trust’s continued expansion of its leveraged thematic and single-stock ETF platform.