COIO vs. QB

Last updated Jul 17, 2026

COIO (Leverage Shares 2x Capped Accelerated COIN Monthly ETF) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both Defined Outcome funds. COIO is actively managed, while QB is passively managed. At a 0.45 correlation, their price movements are largely independent. COIO charges 0.77%/yr vs 0.58%/yr for QB.

Performance

COIO vs. QB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Capped Accelerated COIN Monthly ETF (COIO) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COIO achieves a -18.06% return, which is significantly lower than QB's 12.42% return.

COIO

• 1D: 0.00%
• 1M: 0.00%
• 6M: -22.79%
• YTD: -18.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QB

• 1D: -0.11%
• 1M: 2.44%
• 6M: 11.41%
• YTD: 12.42%
• 1Y: 18.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COIO vs. QB - Yearly Performance Comparison

	2026 (YTD)	2025
COIO Leverage Shares 2x Capped Accelerated COIN Monthly ETF	-18.06%	-29.74%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	12.42%	4.17%

Correlation

The correlation between COIO and QB is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025	0.45

Return for Risk

COIO vs. QB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COIO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QB

QB Risk / Return Rank: 94
QB Sharpe Ratio Rank: 93
QB Sortino Ratio Rank: 94
QB Omega Ratio Rank: 95
QB Calmar Ratio Rank: 94
QB Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COIO vs. QB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated COIN Monthly ETF (COIO) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COIO	QB	Difference
Sharpe ratio: Return per unit of total volatility	—	2.66	—
Sortino ratio: Return per unit of downside risk	—	3.87	—
Omega ratio: Gain probability vs. loss probability	—	1.63	—
Calmar ratio: Return relative to maximum drawdown	—	5.38	—
Martin ratio: Return relative to average drawdown	—	25.93	—

Drawdowns

COIO vs. QB - Drawdown Comparison

The maximum COIO drawdown since its inception was -62.48%, which is greater than QB's maximum drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for COIO and QB.

Drawdown Indicators

	COIO	QB	Difference
Max Drawdown Largest peak-to-trough decline	-62.48%	-3.47%	-59.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.47%	—
Current Drawdown Current decline from peak	-50.41%	-0.22%	-50.19%
Average Drawdown Average peak-to-trough decline	-34.13%	-0.42%	-33.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.72%	—

Volatility

Volatility by Period

	COIO	QB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	61.98%	7.03%	+54.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.98%	6.91%	+55.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.98%	6.91%	+55.07%

COIO vs. QB - Expense Ratio Comparison

COIO has a 0.77% expense ratio, which is higher than QB's 0.58% expense ratio.

Dividends

COIO vs. QB - Dividend Comparison

COIO's dividend yield for the trailing twelve months is around 85.68%, more than QB's 0.77% yield.

Position	TTM	2025
COIO Leverage Shares 2x Capped Accelerated COIN Monthly ETF	85.68%	70.21%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.77%	0.48%

Frequently Asked Questions

Can I hold both COIO and QB in my portfolio?

COIO and QB have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COIO or QB?

On fees, QB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COIO or QB?

QB is cheaper with a 0.58% expense ratio, compared with 0.77% for COIO.

Which ETF pays a higher dividend yield, COIO or QB?

COIO has the higher dividend yield at 85.68%, compared with 0.77% for QB.

What is the main difference between COIO and QB?

They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.77% for COIO and 0.58% for QB.