COZX vs. OOQB

Last updated Jun 4, 2026

COZX (Tradr 2X Long CORZ Daily ETF) and OOQB (Volatility Shares One+One Nasdaq-100® and Bitcoin ETF) are both exchange-traded funds - COZX is a Leveraged Equities fund actively managed by Tradr, while OOQB is a Nasdaq-100 fund actively managed by Volatility Shares. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. COZX charges 1.30%/yr vs 0.75%/yr for OOQB.

Performance

COZX vs. OOQB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long CORZ Daily ETF (COZX) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COZX achieves a 205.40% return, which is significantly higher than OOQB's -18.43% return.

COZX

• 1D: -0.24%
• 1M: 78.54%
• YTD: 205.40%
• 6M: 125.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OOQB

• 1D: 0.00%
• 1M: 0.00%
• YTD: -18.43%
• 6M: -24.99%
• 1Y: -27.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COZX vs. OOQB - Yearly Performance Comparison

	2026 (YTD)	2025
COZX Tradr 2X Long CORZ Daily ETF	205.40%	-61.63%
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	-18.43%	-18.79%

Correlation

The correlation between COZX and OOQB is 0.53, 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 Nov 6, 2025	0.53

Return for Risk

COZX vs. OOQB — Risk / Return Rank

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

OOQB

OOQB Risk / Return Rank: 4
OOQB Sharpe Ratio Rank: 4
OOQB Sortino Ratio Rank: 5
OOQB Omega Ratio Rank: 4
OOQB Calmar Ratio Rank: 4
OOQB Martin Ratio Rank: 5

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.

COZX vs. OOQB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CORZ Daily ETF (COZX) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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

	COZX	OOQB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	-0.41	+0.64

Drawdowns

COZX vs. OOQB - Drawdown Comparison

The maximum COZX drawdown since its inception was -70.37%, which is greater than OOQB's maximum drawdown of -53.44%. Use the drawdown chart below to compare losses from any high point for COZX and OOQB.

Drawdown Indicators

	COZX	OOQB	Difference
Max Drawdown Largest peak-to-trough decline	-70.37%	-53.44%	-16.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.44%	—
Current Drawdown Current decline from peak	-0.24%	-43.69%	+43.45%
Average Drawdown Average peak-to-trough decline	-44.31%	-23.26%	-21.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.11%	—

Volatility

Volatility by Period

	COZX	OOQB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	138.53%	51.57%	+86.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	138.53%	58.12%	+80.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.53%	58.12%	+80.41%

COZX vs. OOQB - Expense Ratio Comparison

COZX has a 1.30% expense ratio, which is higher than OOQB's 0.75% expense ratio.

Dividends

COZX vs. OOQB - Dividend Comparison

COZX has not paid dividends to shareholders, while OOQB's dividend yield for the trailing twelve months is around 11.62%.

Position	TTM	2025
COZX Tradr 2X Long CORZ Daily ETF	0.00%	0.00%
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	11.62%	9.53%

Frequently Asked Questions

Can I hold both COZX and OOQB in my portfolio?

COZX and OOQB have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COZX or OOQB?

On fees, OOQB is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COZX or OOQB?

OOQB is cheaper with a 0.75% expense ratio, compared with 1.30% for COZX.

Which ETF pays a higher dividend yield, COZX or OOQB?

OOQB has the higher dividend yield at 11.62%, compared with 0.00% for COZX.

What is the main difference between COZX and OOQB?

COZX is categorized as Leveraged Equities, while OOQB is Nasdaq-100. They also come from different issuers: Tradr and Volatility Shares. Their fees differ too: 1.30% for COZX and 0.75% for OOQB.