CWVX vs. QUBX

Last updated Jul 14, 2026

CWVX (Tradr 2X Long CRWV Daily ETF) and QUBX (Tradr 2X Long QUBT Daily ETF) are both Leveraged Equities funds from Tradr. Over the past year, CWVX returned -82.51% vs -93.87% for QUBX. At a 0.46 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

CWVX vs. QUBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long CRWV Daily ETF (CWVX) and Tradr 2X Long QUBT Daily ETF (QUBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWVX achieves a -19.20% return, which is significantly higher than QUBX's -66.76% return.

CWVX

• 1D: -12.22%
• 1M: -36.09%
• 6M: -47.33%
• YTD: -19.20%
• 1Y: -82.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUBX

• 1D: -14.37%
• 1M: -40.56%
• 6M: -75.55%
• YTD: -66.76%
• 1Y: -93.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CWVX vs. QUBX - Yearly Performance Comparison

	2026 (YTD)	2025
CWVX Tradr 2X Long CRWV Daily ETF	-19.20%	-81.40%
QUBX Tradr 2X Long QUBT Daily ETF	-66.76%	-84.78%

Correlation

The correlation between CWVX and QUBX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.46

Return for Risk

CWVX vs. QUBX — Risk / Return Rank

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

CWVX

CWVX Risk / Return Rank: 5
CWVX Sharpe Ratio Rank: 5
CWVX Sortino Ratio Rank: 8
CWVX Omega Ratio Rank: 8
CWVX Calmar Ratio Rank: 1
CWVX Martin Ratio Rank: 3

QUBX

QUBX Risk / Return Rank: 4
QUBX Sharpe Ratio Rank: 5
QUBX Sortino Ratio Rank: 5
QUBX Omega Ratio Rank: 5
QUBX Calmar Ratio Rank: 0
QUBX Martin Ratio Rank: 3

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.

CWVX vs. QUBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CRWV Daily ETF (CWVX) and Tradr 2X Long QUBT Daily ETF (QUBX). 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.

	CWVX	QUBX	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	-0.47	+0.03
Sortino ratio: Return per unit of downside risk	0.03	-0.68	+0.71
Omega ratio: Gain probability vs. loss probability	1.00	0.93	+0.07
Calmar ratio: Return relative to maximum drawdown	-0.93	-0.97	+0.05
Martin ratio: Return relative to average drawdown	-1.19	-1.21	+0.02

CWVX vs. QUBX - Sharpe Ratio Comparison

The current CWVX Sharpe Ratio is -0.44, which is comparable to the QUBX Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of CWVX and QUBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CWVX vs. QUBX - Drawdown Comparison

The maximum CWVX drawdown since its inception was -89.29%, smaller than the maximum QUBX drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for CWVX and QUBX.

Drawdown Indicators

	CWVX	QUBX	Difference
Max Drawdown Largest peak-to-trough decline	-89.29%	-96.40%	+7.11%
Max Drawdown (1Y) Largest decline over 1 year	-89.29%	-96.40%	+7.11%
Current Drawdown Current decline from peak	-87.81%	-95.96%	+8.15%
Average Drawdown Average peak-to-trough decline	-66.04%	-71.85%	+5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	69.39%	77.47%	-8.08%

Volatility

CWVX vs. QUBX - Volatility Comparison

Tradr 2X Long CRWV Daily ETF (CWVX) and Tradr 2X Long QUBT Daily ETF (QUBX) have volatilities of 52.29% and 52.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWVX	QUBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	52.29%	52.89%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	133.72%	133.18%	+0.54%
Volatility (1Y) Calculated over the trailing 1-year period	188.15%	200.09%	-11.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	188.30%	199.02%	-10.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.30%	199.02%	-10.72%

CWVX vs. QUBX - Expense Ratio Comparison

Both CWVX and QUBX have an expense ratio of 1.30%.

Dividends

CWVX vs. QUBX - Dividend Comparison

CWVX's dividend yield for the trailing twelve months is around 2.60%, while QUBX has not paid dividends to shareholders.

Position	TTM	2025
CWVX Tradr 2X Long CRWV Daily ETF	2.60%	2.10%
QUBX Tradr 2X Long QUBT Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CWVX and QUBX in my portfolio?

CWVX and QUBX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CWVX or QUBX?

QUBX has higher volatility (52.89%) compared to CWVX (52.29%). In terms of maximum drawdown, CWVX dropped -89.29% vs QUBX's -96.40%.

Which ETF is better, CWVX or QUBX?

On 1-year performance, CWVX leads with -82.51% vs -93.87% for QUBX. Both ETFs have the same 1.30% expense ratio. On volatility, CWVX has been the lower-risk option at 52.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CWVX or QUBX?

Over the 1-year period, CWVX has performed better with a -82.51% return vs -93.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CWVX or QUBX?

CWVX and QUBX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, CWVX or QUBX?

CWVX has the higher dividend yield at 2.60%, compared with 0.00% for QUBX.

Which has better risk-adjusted returns?

CWVX currently has the higher Sharpe Ratio (-0.44 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.