BackDefiance Daily Target 2X Short QBTS ETF Overview

Defiance Daily Target 2X Short QBTS ETF EBIT

Defiance Daily Target 2X Short QBTS ETF's EBIT is $-14M, below the sector sector average of $2.5T.

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Quarterly EBIT

-$10.62M

As of Jul 31, 2016

Annual EBIT (TTM)

-$14.12M
↑ 46.63% YoY

Trailing 12 months ending Jul 31, 2016

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Defiance Daily Target 2X Short QBTS ETF (QBTZ) FAQ

Defiance Daily Target 2X Short QBTS ETF's ebit stands at $-14M as of July 2016. That compares with $-26M in the prior-year period — up 46.6% year over year. That is below the sector sector average of $2.5T. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Defiance Daily Target 2X Short QBTS ETF reported $-14M in EBIT versus $-26M a year earlier — a 46.6% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Defiance Daily Target 2X Short QBTS ETF sits lower the its sector benchmark ($2.5T) with a EBIT of $-14M. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-26M in the prior-year period — up 46.6% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Defiance Daily Target 2X Short QBTS ETF's EBIT evolved across reporting periods, while the comparison chart places QBTZ next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.