Defiance Daily Target 2X Short QBTS ETF (QBTZ) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QBTZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QBTZ
QBTZ charges 1.29% annually. There are 63 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 230.47M | Jun 2016 | QBTZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | QBTZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | QBTZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | QBTZ vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | QBTZ vs SKRE |
Best Risk-Adjusted Alternatives to QBTZ
Among 68 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 97.46M | Sep 2024 | QBTZ vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 58 | 4.71M | Oct 2024 | QBTZ vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 52 | 28.39M | Aug 2024 | QBTZ vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 45 | 36.86M | Jul 2024 | QBTZ vs FIAT | |
| Direxion Daily META Bear 1X ETF | 32 | 11.16M | Jun 2024 | QBTZ vs METD |
Top Performing QBTZ Alternatives (YTD)
QBTZ is at -84.61% YTD. There are 77 ETFs in the Inverse Equities category with higher YTD returns, going as high as 49.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 49.23% | 110.91M | Jul 2022 | QBTZ vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 47.87% | 33.39M | Aug 2023 | QBTZ vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 45.39% | 34.80M | Oct 2023 | QBTZ vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 33.30% | 81.35M | Aug 2022 | QBTZ vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 26.78% | 40.54M | Dec 2024 | QBTZ vs PLTD |
Lowest Volatility Alternatives to QBTZ
QBTZ has 230.14% 1-year volatility. There are 83 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.25% | 2.34M | Dec 2024 | QBTZ vs BRKD | |
| ProShares Short Dow30 | 12.59% | 100.13M | Jun 2006 | QBTZ vs DOG | |
| ProShares Short S&P500 | 12.81% | 927.71M | Jun 2006 | QBTZ vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.98% | 230.47M | Jun 2016 | QBTZ vs SPDN | |
| Gotham Short Strategies ETF | 14.17% | 12.30M | Jul 2017 | QBTZ vs SHRT |
Lowest Drawdown Alternatives to QBTZ
Among 68 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | QBTZ vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | QBTZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | QBTZ vs EMTY | |
| ProShares Short Dow30 | -15.02% | 100.13M | Jun 2006 | QBTZ vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | QBTZ vs SPDN |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 12 categories. AUM among these funds goes as high as $5B.
Often Compared With QBTZ
Investors most often compare QBTZ with LMNX, OSCX, AVXX. These 18 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare QBTZ with Any Fund or Stock
Compare QBTZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QBTZ with funds that move differently
Defiance Daily Target 2X Short QBTS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QBTZ.
Explore QBTZ Diversifiers