Daily Target 2X Long QS ETF

Frequently Asked Questions About QSU

What does QSU invest in?

This investment product aims to deliver daily results that are double the daily percentage fluctuation in the share price of QuantumScape Corporation (NYSE: QS), before any fees and expenses. It is important to understand that this objective applies solely to a single trading day and is not intended to be achieved over longer periods.

What is the expense ratio of QSU?

Daily Target 2X Long QS ETF (QSU) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.

Is QSU a good long-term hold?

QSU is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does QSU's daily reset work?

QSU rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is QSU?

Daily Target 2X Long QS ETF (QSU) manages $9.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QSU actively managed or an index fund?

QSU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.