ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (QULL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QULL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QULL
QULL charges 0.95% annually. There are 100 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | QULL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | QULL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | QULL vs SPUU | |
| Leverage Shares 2X Long CRM Daily ETF | 0.75% | 52.93M | Apr 2025 | QULL vs CRMG | |
| Leverage Shares 2X Long OKTA Daily ETF | 0.75% | 3.07M | Nov 2025 | QULL vs OKTG |
Best Risk-Adjusted Alternatives to QULL
QULL has a PortfoliosLab risk / return rank of 57. There are 43 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | QULL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | QULL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | QULL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | QULL vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | QULL vs INTW |
Top Performing QULL Alternatives (YTD)
QULL is at 19.57% YTD. There are 103 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 589.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 589.77% | 162.40M | Feb 2025 | QULL vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 449.17% | 6.16B | Oct 2024 | QULL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.29% | 923.53M | Nov 2024 | QULL vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 332.72% | 509.42M | Feb 2025 | QULL vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 332.54% | 101.49M | Nov 2025 | QULL vs LINT |
Lowest Volatility Alternatives to QULL
QULL has 24.68% 1-year volatility. There are 21 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | QULL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.23% | 20.50M | Apr 2021 | QULL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | QULL vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | QULL vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.63% | 20.95M | Jul 2021 | QULL vs QTJL |
Lowest Drawdown Alternatives to QULL
QULL has a 1-year max drawdown of -18.43%. There are 22 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | QULL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | QULL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | QULL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | QULL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | QULL vs XDSQ |
Other ETFs from UBS
The 10 most viewed UBS ETFs shown here include GLDI, SLVO, MLPR and span 9 categories. AUM among these funds goes as high as $411M.
Often Compared With QULL
Investors most often compare QULL with DUHP, IWFL, QLD. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare QULL with Any Fund or Stock
Compare QULL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QULL with funds that move differently
ETRACS 2x Leveraged MSCI US Quality Factor TR ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QULL.
Explore QULL Diversifiers