ION
Other Defiance Daily Target 2x Short IONQ ETF
ETF
ETF
Ticker: IONZ
IONZ
Price
Price
CHART BY
Data
TER
- 1.29%
Fund Volume
- $21.01M
Asset Class
- Equity
Distributing
- Yes
Replication Method
- Synthetic Replication
Region
- U.S.
Country Based
- USA
Issuer
- Defiance
Industry Breakdown
- Not Classified98.57%
- Investment Trusts/ Mutual Funds1.43%
Sector Breakdown
- Other98.57%
- Non corporate1.43%
Region Breakdown
🏳️
Other98.57%🇺🇸
USA1.43%
Frequently asked questions
What is the Total Expense Ratio (TER) of Other Defiance Daily Target 2x Short IONQ ETF?
The total expense ratio (TER) of Other Defiance Daily Target 2x Short IONQ ETF is 1.29%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.
What is the fund volume of Other Defiance Daily Target 2x Short IONQ ETF?
Other Defiance Daily Target 2x Short IONQ ETF has a fund volume of $21.01M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.
What is the replication method used by Other Defiance Daily Target 2x Short IONQ ETF?
Other Defiance Daily Target 2x Short IONQ ETF utilizes a synthetic replication method to track its benchmark index. Instead of physically holding the underlying securities, the ETF uses financial derivatives—such as swap agreements with counterparties—to replicate the performance of the index.
In which country is Other Defiance Daily Target 2x Short IONQ ETF domiciled?
Other Defiance Daily Target 2x Short IONQ ETF is domiciled in USA. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.
Pricing
- 52W span
- $2.09$22.95
Information
IONZ seeks to deliver 2x inverse exposure to the daily share price movement of IonQ, Inc. (NYSE: IONQ), less fees and expenses, through derivatives such as swap agreements.
Identifier
- Primary Ticker
- IONZ
Fundamentals & EOD data from FactSet