- What are the top holdings of IONZ?
- Defiance Daily Target 2x Short IONQ ETF holds 8 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does IONZ have?
- IONZ holds 8 positions as reported by the fund's most recent disclosure.
- What sectors does IONZ invest in?
- Defiance Daily Target 2x Short IONQ ETF (IONZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is IONZ most exposed to?
- IONZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is IONZ a US-only fund?
- The country allocation card on this page shows IONZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does IONZ invest in?
- IONZ primarily uses swaps to make bullish bets on the share price of IonQ, Inc. (NYSE: IONQ). IonQ sells quantum computing hardware along with maintenance and support services. The company also provides access to several quantum computers, each with different qubit capacities. The fund aims to maintain daily inverse exposure equivalent to 200% of the daily percentage change in IONQs share price through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. The Funds collateral for its derivatives positions can include the following: US Government securities, money market funds, short-term bond ETFs, corporate bonds, and other investment-grade short-term unsecured promissory notes.
