CQTM vs. QPUX

Last updated Jun 27, 2026

CQTM (Corgi Quantum Computing ETF) and QPUX (Defiance 2X Daily Long Pure Quantum ETF) are both exchange-traded funds - CQTM is a Technology Equities fund actively managed by Corgi Funds, while QPUX is a Leveraged Equities fund actively managed by Defiance. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. CQTM charges 0.35%/yr vs 1.29%/yr for QPUX.

Performance

CQTM vs. QPUX - Performance Comparison

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

Returns By Period

CQTM

• 1D: -1.82%
• 1M: -5.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QPUX

• 1D: 0.37%
• 1M: -44.57%
• YTD: -48.69%
• 6M: -49.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CQTM vs. QPUX - Yearly Performance Comparison

	2026 (YTD)
CQTM Corgi Quantum Computing ETF	8.30%
QPUX Defiance 2X Daily Long Pure Quantum ETF	-15.49%

Correlation

The correlation between CQTM and QPUX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.91

Return for Risk

CQTM vs. QPUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corgi Quantum Computing ETF (CQTM) and Defiance 2X Daily Long Pure Quantum ETF (QPUX). 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.

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

Drawdowns

CQTM vs. QPUX - Drawdown Comparison

The maximum CQTM drawdown since its inception was -20.27%, smaller than the maximum QPUX drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for CQTM and QPUX.

Drawdown Indicators

	CQTM	QPUX	Difference
Max Drawdown Largest peak-to-trough decline	-20.27%	-94.73%	+74.46%
Current Drawdown Current decline from peak	-13.69%	-89.82%	+76.13%
Average Drawdown Average peak-to-trough decline	-7.43%	-69.27%	+61.84%

Volatility

Volatility by Period

	CQTM	QPUX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	92.86%	201.32%	-108.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.86%	201.32%	-108.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.86%	201.32%	-108.46%

CQTM vs. QPUX - Expense Ratio Comparison

CQTM has a 0.35% expense ratio, which is lower than QPUX's 1.29% expense ratio.

Dividends

CQTM vs. QPUX - Dividend Comparison

Neither CQTM nor QPUX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CQTM and QPUX in my portfolio?

With a correlation of 0.91, CQTM and QPUX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CQTM or QPUX?

On fees, CQTM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CQTM or QPUX?

CQTM is cheaper with a 0.35% expense ratio, compared with 1.29% for QPUX.

Which ETF pays a higher dividend yield, CQTM or QPUX?

CQTM and QPUX have nearly identical dividend yields, around 0.00%.

What is the main difference between CQTM and QPUX?

CQTM is categorized as Technology Equities, while QPUX is Leveraged Equities. They also come from different issuers: Corgi Funds and Defiance. Their fees differ too: 0.35% for CQTM and 1.29% for QPUX.