CQTM vs. UFOX

Last updated Jun 6, 2026

CQTM (Corgi Quantum Computing ETF) and UFOX (Defiance Connective Technologies ETF) are both Technology Equities funds. CQTM is actively managed, while UFOX is passively managed. A 0.75 correlation means they provide meaningful diversification when combined. CQTM charges 0.35%/yr vs 0.30%/yr for UFOX.

Performance

CQTM vs. UFOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corgi Quantum Computing ETF (CQTM) and Defiance Connective Technologies ETF (UFOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CQTM

• 1D: -11.30%
• 1M: 2.09%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UFOX

• 1D: -8.15%
• 1M: 8.41%
• YTD: 49.36%
• 6M: 44.31%
• 1Y: 100.83%
• 3Y*: 44.84%
• 5Y*: 21.92%
• 10Y*: —

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

CQTM vs. UFOX - Yearly Performance Comparison

	2026 (YTD)
CQTM Corgi Quantum Computing ETF	2.09%
UFOX Defiance Connective Technologies ETF	8.41%

Correlation

The correlation between CQTM and UFOX is 0.75, 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 May 7, 2026	0.75

Return for Risk

CQTM vs. UFOX — Risk / Return Rank

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

UFOX

UFOX Risk / Return Rank: 94
UFOX Sharpe Ratio Rank: 96
UFOX Sortino Ratio Rank: 92
UFOX Omega Ratio Rank: 92
UFOX Calmar Ratio Rank: 96
UFOX 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.

CQTM vs. UFOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corgi Quantum Computing ETF (CQTM) and Defiance Connective Technologies ETF (UFOX). 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

	CQTM	UFOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.86	-0.57

Drawdowns

CQTM vs. UFOX - Drawdown Comparison

The maximum CQTM drawdown since its inception was -17.89%, smaller than the maximum UFOX drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for CQTM and UFOX.

Drawdown Indicators

	CQTM	UFOX	Difference
Max Drawdown Largest peak-to-trough decline	-17.89%	-33.90%	+16.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.90%	—
Current Drawdown Current decline from peak	-17.89%	-10.45%	-7.44%
Average Drawdown Average peak-to-trough decline	-4.92%	-9.01%	+4.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.86%	—

Volatility

Volatility by Period

	CQTM	UFOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	101.00%	26.96%	+74.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.00%	24.87%	+76.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.00%	25.39%	+75.61%

CQTM vs. UFOX - Expense Ratio Comparison

CQTM has a 0.35% expense ratio, which is higher than UFOX's 0.30% expense ratio.

Dividends

CQTM vs. UFOX - Dividend Comparison

CQTM has not paid dividends to shareholders, while UFOX's dividend yield for the trailing twelve months is around 0.39%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CQTM Corgi Quantum Computing ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFOX Defiance Connective Technologies ETF	0.39%	0.56%	0.79%	1.40%	1.63%	1.17%	0.99%	0.75%

Frequently Asked Questions

Can I hold both CQTM and UFOX in my portfolio?

CQTM and UFOX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CQTM or UFOX?

On fees, UFOX is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CQTM or UFOX?

UFOX is cheaper with a 0.30% expense ratio, compared with 0.35% for CQTM.

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

UFOX has the higher dividend yield at 0.39%, compared with 0.00% for CQTM.

What is the main difference between CQTM and UFOX?

They also come from different issuers: Corgi Funds and Defiance. Their fees differ too: 0.35% for CQTM and 0.30% for UFOX.