HEAL vs. QTUM

Last updated Aug 4, 2026

HEAL (Global X HealthTech ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - HEAL is a Health & Biotech Equities fund tracking the Global X HealthTech Index, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. Over the past 5 years, HEAL returned -12.95%/yr vs 25.08%/yr for QTUM. Their 0.63 correlation means they have sometimes moved together and sometimes differently. HEAL charges 0.50%/yr vs 0.40%/yr for QTUM.

Performance

HEAL vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X HealthTech ETF (HEAL) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HEAL achieves a -5.19% return, which is significantly lower than QTUM's 33.62% return.

HEAL

• 1D: 2.94%
• 1M: -4.37%
• 6M: -2.05%
• YTD: -5.19%
• 1Y: -10.31%
• 3Y*: -6.93%
• 5Y*: -12.95%
• 10Y*: —
• ALL TIME*: -9.16%

QTUM

• 1D: 3.36%
• 1M: -5.82%
• 6M: 25.52%
• YTD: 33.62%
• 1Y: 63.01%
• 3Y*: 42.90%
• 5Y*: 25.08%
• 10Y*: —
• ALL TIME*: 26.11%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HEAL Global X HealthTech ETF	$260.96K	$227.88K	$213.27K
QTUM Defiance Quantum ETF	$54.81M	$58.16M	$111.60M

HEAL vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HEAL Global X HealthTech ETF	-5.19%	-0.62%	-2.87%	-12.61%	-29.99%	-14.21%	16.89%
QTUM Defiance Quantum ETF	33.62%	36.65%	50.54%	39.86%	-28.80%	35.18%	27.92%

Correlation

The correlation between HEAL and QTUM is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.53
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020	0.63

Over the past year, the correlation between HEAL and QTUM has dropped to 0.40 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

HEAL vs. QTUM - Sectors Allocation Comparison

Sectors	HEAL	QTUM
Healthcare	94.1%	1.2%
Technology	5.3%	81.4%
Basic Materials	-	-
Communication Services	-	6.6%
Consumer Cyclical	-	2.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Industrials	-	8.9%
Real Estate	-	-
Utilities	-	-

Return for Risk

HEAL vs. QTUM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HEAL

HEAL Risk / Return Rank: 6
HEAL Sharpe Ratio Rank: 5
HEAL Sortino Ratio Rank: 5
HEAL Omega Ratio Rank: 6
HEAL Calmar Ratio Rank: 6
HEAL Martin Ratio Rank: 7

QTUM

QTUM Risk / Return Rank: 80
QTUM Sharpe Ratio Rank: 84
QTUM Sortino Ratio Rank: 77
QTUM Omega Ratio Rank: 76
QTUM Calmar Ratio Rank: 80
QTUM Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HEAL vs. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X HealthTech ETF (HEAL) 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.

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.

	HEAL	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	2.00	-2.45
Sortino ratio: Return per unit of downside risk	-0.51	2.54	-3.05
Omega ratio: Gain probability vs. loss probability	0.94	1.32	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.34	2.94	-3.28
Martin ratio: Return relative to average drawdown	-0.61	10.67	-11.28

HEAL vs. QTUM - Sharpe Ratio Comparison

The current HEAL Sharpe Ratio is -0.45, which is lower than the QTUM Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of HEAL and QTUM, 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

HEAL vs. QTUM - Drawdown Comparison

The maximum HEAL drawdown since its inception was -65.76%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for HEAL and QTUM.

Drawdown Indicators

	HEAL	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-65.76%	-38.45%	-27.31%
Max Drawdown (1Y) Largest decline over 1 year	-30.71%	-21.51%	-9.20%
Max Drawdown (3Y) Largest decline over 3 years	-34.56%	-25.39%	-9.17%
Max Drawdown (5Y) Largest decline over 5 years	-59.14%	-38.45%	-20.69%
Current Drawdown Current decline from peak	-59.07%	-13.35%	-45.72%
Average Drawdown Average peak-to-trough decline	-43.49%	-8.27%	-35.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.90%	5.92%	+10.98%

Volatility

HEAL vs. QTUM - Volatility Comparison

The current volatility for Global X HealthTech ETF (HEAL) is 6.91%, while Defiance Quantum ETF (QTUM) has a volatility of 11.63%. This indicates that HEAL experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HEAL	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	11.63%	-4.72%
Volatility (6M) Calculated over the trailing 6-month period	17.44%	26.50%	-9.06%
Volatility (1Y) Calculated over the trailing 1-year period	22.91%	31.77%	-8.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.67%	27.74%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.27%	27.70%	-1.43%

HEAL vs. QTUM - Expense Ratio Comparison

HEAL has a 0.50% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

HEAL vs. QTUM - Dividend Comparison

HEAL's dividend yield for the trailing twelve months is around 0.26%, less than QTUM's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HEAL Global X HealthTech ETF	0.26%	0.33%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.81%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both HEAL and QTUM in my portfolio?

HEAL and QTUM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HEAL or QTUM?

QTUM has higher volatility (11.63%) compared to HEAL (6.91%). In terms of maximum drawdown, HEAL dropped -65.76% vs QTUM's -38.45%.

Which ETF is better, HEAL or QTUM?

On 5-year performance, QTUM leads with 25.08% vs -12.95% for HEAL. On fees, QTUM is cheaper at 0.40% per year. On volatility, HEAL has been the lower-risk option at 6.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HEAL or QTUM?

Over the 5-year period, QTUM has performed better with a 25.08% return vs -12.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HEAL or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.50% for HEAL.

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

QTUM has the higher dividend yield at 0.81%, compared with 0.26% for HEAL.

What is the main difference between HEAL and QTUM?

HEAL is categorized as Health & Biotech Equities, while QTUM is Technology Equities. HEAL tracks Global X HealthTech Index, while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: Global X and Defiance. Their fees differ too: 0.50% for HEAL and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (2.00 vs -0.45), 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.