IBTI vs. QPUX
IBTI (iShares iBonds Dec 2028 Term Treasury ETF) and QPUX (Defiance 2X Daily Long Pure Quantum ETF) are both exchange-traded funds - IBTI is a Government Bonds fund tracking the ICE 2028 Maturity US Treasury Index, while QPUX is a Leveraged Equities fund actively managed by Defiance. IBTI is passively managed, while QPUX is actively managed. At a correlation of -0.01, they often move in opposite directions. IBTI charges 0.07%/yr vs 1.29%/yr for QPUX.
Performance
IBTI vs. QPUX - Performance Comparison
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Returns By Period
In the year-to-date period, IBTI achieves a 0.31% return, which is significantly higher than QPUX's -7.70% return.
IBTI
- 1D
- -0.05%
- 1M
- 0.05%
- YTD
- 0.31%
- 6M
- 0.52%
- 1Y
- 3.59%
- 3Y*
- 3.72%
- 5Y*
- 0.19%
- 10Y*
- —
QPUX
- 1D
- -15.07%
- 1M
- 59.73%
- YTD
- -7.70%
- 6M
- -29.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBTI vs. QPUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 0.31% | 1.87% |
QPUX Defiance 2X Daily Long Pure Quantum ETF | -7.70% | -15.90% |
Correlation
The correlation between IBTI and QPUX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025 | -0.01 |
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Return for Risk
IBTI vs. QPUX — Risk / Return Rank
IBTI
QPUX
IBTI vs. QPUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2028 Term Treasury ETF (IBTI) 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.
| IBTI | QPUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.41 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | — | — |
| Martin ratioReturn relative to average drawdown | 11.08 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBTI | QPUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | -0.14 | +0.18 |
Drawdowns
IBTI vs. QPUX - Drawdown Comparison
The maximum IBTI drawdown since its inception was -18.45%, smaller than the maximum QPUX drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for IBTI and QPUX.
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Drawdown Indicators
| IBTI | QPUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.45% | -94.73% | +76.28% |
Max Drawdown (1Y)Largest decline over 1 year | -1.10% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.18% | — | — |
Current DrawdownCurrent decline from peak | -3.91% | -81.69% | +77.78% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -63.48% | +55.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | — | — |
Volatility
IBTI vs. QPUX - Volatility Comparison
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Volatility by Period
| IBTI | QPUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.76% | 194.76% | -193.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.02% | 194.76% | -189.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.17% | 194.76% | -189.59% |
IBTI vs. QPUX - Expense Ratio Comparison
IBTI has a 0.07% expense ratio, which is lower than QPUX's 1.29% expense ratio.
Dividends
IBTI vs. QPUX - Dividend Comparison
IBTI's dividend yield for the trailing twelve months is around 3.81%, while QPUX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 3.81% | 3.87% | 3.92% | 3.27% | 1.70% | 0.90% | 0.56% |
QPUX Defiance 2X Daily Long Pure Quantum ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBTI and QPUX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBTI is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBTI is cheaper with a 0.07% expense ratio, compared with 1.29% for QPUX.
IBTI has the higher dividend yield at 3.81%, compared with 0.00% for QPUX.
IBTI is categorized as Government Bonds, while QPUX is Leveraged Equities. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.07% for IBTI and 1.29% for QPUX.
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