Quantify 2X Daily Alt Season Crypto (QXAS) ETF Holdings & Analysis

What QXAS does

The Quantify 2X Daily Alt Season Crypto ETF (QXAS) aims to deliver twice the daily return of a selection of major cryptocurrency assets, specifically excluding Bitcoin (BTC), stablecoins, and memecoins. This fund does not acquire cryptocurrencies directly. Instead, it gains market exposure indirectly through various financial tools, including swaps, options, futures contracts, and exchange-traded products (ETPs). Its investment focus is on up to ten digital assets that are actively traded on U.S. exchanges. Leveraged exposure is primarily achieved via options contracts, allowing the fund to make agile adjustments in response to shifts in market conditions, liquidity, or pricing. To address contango and backwardation, the fund utilizes standardized, cash-settled futures. Additionally, it invests in ETPs to establish long positions in the market. QXAS holds cash and other liquid instruments for collateral purposes and has the flexibility to enter into reverse repurchase agreements. A portion of its assets, up to 25%, may be invested through a wholly-owned subsidiary situated in the Cayman Islands. The portfolio, which is weighted by market capitalization, undergoes a review and rebalancing process at least once a month, with a maximum individual asset weighting of 50%. Being an actively managed fund, QXAS has complete authority to modify its holdings at its discretion. It is crucial to note that daily leverage resets can lead to the fund's long-term performance differing significantly from that of the underlying assets it tracks.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how QXAS fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

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Frequently asked questions

What does QXAS track?

QXAS is the Quantify 2X Daily Alt Season Crypto ETF, a Other ETF.

What is the expense ratio of QXAS?

Expense ratio data for QXAS is shown on the page when available from our data provider.

What are the largest holdings in QXAS?

Top holdings include Cash & Other, FGXXX.

How can PortView analyze QXAS overlap with other ETFs?

PortView computes the holdings overlap between QXAS and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.