QBTX – Tradr 2X Long QBTS Daily ETF – ETF Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of QBTS. Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of QBTS. The Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of QBTS, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
QBTX	Tradr 2X Long QBTS Daily ETF	ETF	Open	—	—	Apr 24, 2025	$57.57M	1.300%	—	—	$212.92M

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