Defiance ETFs introduces IONX, the Defiance Daily Target 2X Long
IONQ ETF, a 2X leveraged single-stock ETF designed to provide
amplified exposure to IonQ, Inc. (NYSE: IONQ). This ETF offers
traders a way to seek enhanced returns on IonQ without requiring a
margin account.
IONX seeks daily investment results that correspond to
twice (200%) the daily percentage change of IonQ,
a leader in quantum computing, advancing the
industry with cutting-edge innovations and strategic
partnerships.
“IONX offers a compelling opportunity for investors seeking
amplified exposure to IONQ, a leader in quantum computing,” said
Sylvia Jablonski, CEO of Defiance ETFs. “With ongoing technological
developments, strategic industry partnerships, and a growing
presence in the sector, IONQ continues to play a key role in the
evolution of quantum innovation.”
For more information, visit DefianceETFs.com.
The Fund is not intended to be used by, and is not appropriate
for, investors who do not intend to actively monitor and manage
their portfolios. The Fund pursues a daily leveraged investment
objective, which means that the Fund is riskier than alternatives
that do not use leverage because the Fund magnifies the performance
of the Underlying Security. The Fund is not suitable for
all investors. The Fund is designed to be utilized only by
knowledgeable investors who understand the potential consequences
of seeking daily leveraged (2X) investment results, understand the
risks associated with the use of leverage, and are willing to
monitor their portfolios frequently. For periods longer than a
single day, the Fund will lose money if the Underlying Security’s
performance is flat, and it is possible that the Fund will lose
money even if the Underlying Security’s performance increases over
a period longer than a single day. An investor could lose the full
principal value of his/her investment within a single
day.
An investment in IONX is not an investment in IonQ, Inc.
About Defiance ETFs
Founded in 2018, Defiance is at the forefront of ETF innovation.
Defiance is a leading ETF issuer specializing in thematic, income,
and leveraged ETFs.
Our first-mover leveraged single-stock ETFs empower investors to
take amplified positions in high-growth companies, providing
precise leverage exposure without the need to open a margin
account.
IMPORTANT DISCLOSURES
Defiance ETFs LLC is the ETF sponsor. The Fund’s investment
adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).
The Funds’ investment objectives, risks, charges, and expenses
must be considered carefully before investing. The prospectus and
summary prospectus contain this and other important information
about the investment company. Please read carefully before
investing. A hard copy of the prospectuses can be requested by
calling 833.333.9383.
Investing involves risk. Principal loss is possible. As
an ETF, the funds’ may trade at a premium or discount to NAV.
Shares of any ETF are bought and sold at market price (not NAV) and
are not individually redeemed from the Fund. A portfolio
concentrated in a single industry or country, may be subject to a
higher degree of risk.
IONQ Risks: The Fund invests in swap contracts
and options that are based on the share price of IONQ. This
subjects the Fund to certain of the same risks as if it owned
shares of IONQ even though it does not.
Indirect Investment Risk. IONQ is not
affiliated with the Trust, the Fund, or the Adviser, or their
respective affiliates and is not involved with this offering in any
way and has no obligation to consider your Shares in taking any
corporate actions that might affect the value of Shares.
Trading Risk. The trading price of the fund may be subject to
volatility and could experience wide fluctuations due to various
factors. Short sellers may also play a significant role in trading
IONQ potentially affecting the supply and demand dynamics and
contributing to market price volatility. Public perception and
external factors beyond the company’s control may influence IONQ’s
stock price disproportionately.
Performance Risk. IONQ may fail to meet publicly announced
guidelines or other expectations about its business, which could
cause the price of IONQ to decline.
IONQ Technology Hardware, Storage & Peripherals Risks.
Companies in the technology hardware, storage, and peripherals
industry may face intense competition, both domestically and
internationally, which can pressure profit margins and market
share. These companies often rely on complex supply chains and
third-party providers for components, manufacturing, and services.
Additionally, operations may be impacted by resource constraints,
including shortages of electricity, rare earth elements, or other
essential materials. Companies in this industry are also exposed to
cybersecurity threats, intellectual property risks, and evolving
technological standards, which may increase operational costs and
hinder competitiveness.
IONQ Business Risks: Dependence on proprietary ion trap
technology and specific isotopic materials introduces supply chain
risks, while compatibility with industry-standard software and
hardware remains a concern. IONQ is also exposed to risks related
to international expansion, government contracts, and regulatory
changes, including tariffs and trade restrictions.
IONX Fund Risks
Leverage Risk. The Fund obtains investment
exposure in excess of its net assets by utilizing leverage and may
lose more money in market conditions that are adverse to its
investment objective than a fund that does not utilize leverage. An
investment in the Fund is exposed to the risk that a decline in the
daily performance of the Underlying Security will be magnified.
High Portfolio Turnover Risk. Daily rebalancing
of the Fund’s holdings pursuant to its daily investment objective
causes a much greater number of portfolio transactions when
compared to most ETFs.
Liquidity Risk. Some securities held by the
Fund may be difficult to sell or be illiquid, particularly during
times of market turmoil. Markets for securities or financial
instruments could be disrupted by a number of events, including,
but not limited to, an economic crisis, natural disasters,
epidemics/pandemics, new legislation or regulatory changes inside
or outside the United States.
Derivatives Risk. The Fund’s investments in
derivatives may pose risks in addition to, and greater than, those
associated with directly investing in securities or other ordinary
investments, including risk related to the market, leverage,
imperfect daily correlations with underlying investments or the
Fund’s other portfolio holdings, higher price volatility, lack of
availability, counterparty risk, liquidity, valuation and legal
restrictions.
Compounding and Market Volatility Risk. The
Fund has a daily leveraged investment objective and the Fund’s
performance for periods greater than a trading day will be the
result of each day’s returns compounded over the period, which is
very likely to differ from two times (200%) the Underlying
Security’s performance, before the Fund’s management fee and other
expenses.
Fixed Income Securities Risk. When the Fund
invests in fixed income securities, the value of your investment in
the Fund will fluctuate with changes in interest rates. Typically,
a rise in interest rates causes a decline in the value of fixed
income securities owned by the Fund.
Single Issuer Risk. Issuer-specific attributes
may cause an investment in the Fund to be more volatile than a
traditional pooled investment which diversifies risk of the market
generally. The value of the Fund, which focuses on an individual
security, may be more volatile than a traditional pooled investment
or the market as a whole and may perform differently from the value
of a traditional pooled investment or the market as a whole.
New Fund Risk. The Fund is a recently organized
management investment company with no operating history. As a
result, prospective investors do not have a track record or history
on which to base their investment decisions.
Diversification does not ensure a profit nor protect against
loss in a declining market.
Brokerage Commissions may be charged on trades.
Distributed by Foreside Fund Services, LLC
Contact Information
David Hanono
info@defianceetfs.com
833.333.9383
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8979d6ab-1cf6-4d0b-9ce0-a14b0205d0b2
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