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The Defiance Daily Target 2X Long IONQ ETF (NASDAQ: IONX) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of IonQ, Inc. (NYSE: IONQ), before fees and expenses. It is built for sophisticated investors and active traders who want amplified exposure to IonQ’s daily moves without using margin or trading derivatives directly.
Because the fund resets its leverage every day, its performance over periods longer than one trading day can differ significantly from simply doubling IonQ’s cumulative return, due to the effects of daily compounding.
Understanding the Underlying: IonQ, Inc.
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Past performance is not a reliable indicator of future performance.
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