The sharp selloff in quantum computing stocks in the recent weeks has propelled a niche group of leveraged inverse ETFs to the top of the performance charts, as investors bet against some of the sector’s biggest names.
The Defiance Daily Target 2x Short IONQ ETF (NASDAQ:IONZ) surged 37% over the past week and is now up 108% over the past month. The Defiance Daily Target 2x Short QBTS ETF (NASDAQ:QBTZ) gained 29% this week and 46% over the past month, while the Defiance Daily Target 2x Short RGTI ETF (NASDAQ:RGTZ) climbed 23% during the week and 69% over the same one-month period.
