COPZ vs. QTUM

Last updated Jun 4, 2026

COPZ (Defiance Daily Target 2X Long Copper ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - COPZ is a Leveraged Commodities fund actively managed by Defiance, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. COPZ is actively managed, while QTUM is passively managed. A 0.72 correlation means they provide meaningful diversification when combined. COPZ charges 0.95%/yr vs 0.40%/yr for QTUM.

Performance

COPZ vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long Copper ETF (COPZ) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COPZ

• 1D: -6.96%
• 1M: 32.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTUM

• 1D: -0.59%
• 1M: 23.63%
• YTD: 53.29%
• 6M: 50.69%
• 1Y: 95.36%
• 3Y*: 52.22%
• 5Y*: 29.15%
• 10Y*: —

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

COPZ vs. QTUM - Yearly Performance Comparison

	2026 (YTD)
COPZ Defiance Daily Target 2X Long Copper ETF	-5.37%
QTUM Defiance Quantum ETF	43.72%

Correlation

The correlation between COPZ and QTUM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.72

Return for Risk

COPZ vs. QTUM — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 91
QTUM Sharpe Ratio Rank: 94
QTUM Sortino Ratio Rank: 90
QTUM Omega Ratio Rank: 87
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 92

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.

COPZ vs. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long Copper ETF (COPZ) and Defiance Quantum ETF (QTUM). 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.

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

Sharpe Ratios by Period

	COPZ	QTUM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.65	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	1.08	-1.24

Drawdowns

COPZ vs. QTUM - Drawdown Comparison

The maximum COPZ drawdown since its inception was -49.79%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for COPZ and QTUM.

Drawdown Indicators

	COPZ	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-49.79%	-38.45%	-11.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-21.65%	-0.59%	-21.06%
Average Drawdown Average peak-to-trough decline	-28.52%	-8.25%	-20.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.04%	—

Volatility

Volatility by Period

	COPZ	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	104.89%	26.26%	+78.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.89%	26.56%	+78.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.89%	27.17%	+77.72%

COPZ vs. QTUM - Expense Ratio Comparison

COPZ has a 0.95% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

COPZ vs. QTUM - Dividend Comparison

COPZ has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.70%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
COPZ Defiance Daily Target 2X Long Copper ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.70%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both COPZ and QTUM in my portfolio?

COPZ and QTUM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COPZ or QTUM?

On fees, QTUM is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPZ or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.95% for COPZ.

Which ETF pays a higher dividend yield, COPZ or QTUM?

QTUM has the higher dividend yield at 0.70%, compared with 0.00% for COPZ.

What is the main difference between COPZ and QTUM?

COPZ is categorized as Leveraged Commodities, while QTUM is Technology Equities. Their fees differ too: 0.95% for COPZ and 0.40% for QTUM.