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ETF Nasdaq USD

Defiance Daily Target 2X Long IONQ ETF IONX

Issuer: Defiance SEC registrant: Tidal Trust II Derivatives-based
Watch IONX (sign in) Add to portfolio (IONX) Set an alert for IONX Compare IONX with other ETFs Position size calculator for IONX at 13.5 USD

How position sizing works
Last price 13.50 USD Change: Up +0.86 Percent change: Up +6.80%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
1.29%
Prospectus 29 Aug 2025
Net assets
$143.0M
As of 31 Jul 2026
Holdings
10
As of 31 Jul 2026
12-month distribution yield
12.29%
Irregular
Asset class
Derivatives-based
From holdings

Defiance Daily Target 2X Long IONQ ETF (IONX) is an exchange-traded fund listed on the Nasdaq in the United States, issued by Defiance. Its category is Derivatives-based. Its last price was US$13.50 on 20 Oct 2026. Its expense ratio is 1.29% a year, from its prospectus dated 29 Aug 2025. It reported net assets of US$142.99 million as of 31 Jul 2026. Its latest holdings report lists 10 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.66 a unit, a 12-month distribution yield of 12.29%.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
1.29%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
1.29%
Prospectus date
29 Aug 2025
Filed with the SEC
26 Aug 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$142,988,678
Total assets
$193,604,350
Holdings as of
31 Jul 2026
Report made public
28 Sep 2026 (59 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 10 of 10 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

IONX top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 TREASURY BILL United States Treasury Bill US912797TY36 66.34% $94.9M Debt United States USD
2 IONQ, INC.-SWAP-MSCS-L No identifier reported -6.74% -$9.6M Equity derivatives United States USD
3 First American Government Obli First American Government Obligations Fund US31846V3362 5.66% $8.1M Short-term investment vehicles (cash funds) United States USD
4 IONQ INC SWAP BMO No identifier reported -4.12% -$5.9M Equity derivatives United States USD
5 IONQ INC SWAP NOMURA No identifier reported -3.69% -$5.3M Equity derivatives United States USD
6 IONQ INC SWAP NBC-L No identifier reported 1.55% $2.2M Equity derivatives United States USD
7 IONQ INC SWAP MAREX-L No identifier reported 1.35% $1.9M Equity derivatives United States USD
8 IONQ INC SWAP CANTOR No identifier reported 1.26% $1.8M Equity derivatives United States USD
9 IONQ INC SWAP L-CS No identifier reported 1.00% $1.4M Equity derivatives United States USD
10 IONQ INC SWAP JNST-L No identifier reported 1.00% $1.4M Equity derivatives United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 10 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Warning: Uses derivatives

Derivative contracts in this report have a combined notional amount of 197% of net assets. The weights here show each contract's reported value, not the exposure it creates.

Asset type

Asset type by weight
TypeWeightBar
Debt 66.34%
Equity derivatives -8.39%
Short-term investment vehicles (cash funds) 5.66%

Country

Country by weight
CountryWeightBar
United States 63.61%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 63.61%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

No sector data

None of this fund's holdings matched a stock listed on this site, so no sector is shown.

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$1.6590
1 payment per unit
12-month yield
12.29%
Distributions only, not total return
Frequency
Irregular
From the gaps between ex-dates
Latest ex-date
30 Dec 2025

12-month yield = distributions per unit with an ex-date in the last 12 months ($1.6590) ÷ latest price ($13.50) × 100 = 12.29%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (1 payments)
IONX distributions per unit by ex-date
Ex-dateAmount per unit
30 Dec 2025$1.6590

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

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