ONEH vs. QBUL
ONEH (TrueShares Equity Hedge ETF) and QBUL (TrueShares Quarterly Bull Hedge ETF) are both exchange-traded funds - ONEH is a Equity Hedged fund actively managed by TrueShares, while QBUL is a Options Trading fund actively managed by TrueShares. Both are actively managed. Their 0.08 correlation means their historical movements had little consistent relationship. Both charge a 0.79% expense ratio.
Performance
ONEH vs. QBUL - Performance Comparison
Loading charts...
Returns By Period
ONEH
- 1D
- 0.04%
- 1M
- 0.20%
- 6M
- -1.04%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QBUL
- 1D
- 0.13%
- 1M
- -0.23%
- 6M
- 1.38%
- YTD
- 1.06%
- 1Y
- 3.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.57K | $59.30K | $74.10K | |
| $20.26K | $33.70K | $366.76K |
ONEH vs. QBUL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ONEH TrueShares Equity Hedge ETF | -1.24% |
QBUL TrueShares Quarterly Bull Hedge ETF | 1.07% |
Correlation
The correlation between ONEH and QBUL is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ONEH vs. QBUL — Risk / Return Rank
ONEH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QBUL
ONEH vs. QBUL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Equity Hedge ETF (ONEH) and TrueShares Quarterly Bull Hedge ETF (QBUL). 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.
| ONEH | QBUL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.12 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.07 | — |
| Martin ratioReturn relative to average drawdown | — | 1.90 | — |
Loading charts...
Drawdowns
ONEH vs. QBUL - Drawdown Comparison
The maximum ONEH drawdown since its inception was -3.55%, which is greater than QBUL's maximum drawdown of -2.45%. Use the drawdown chart below to compare losses from any high point for ONEH and QBUL.
Loading charts...
Drawdown Indicators
| ONEH | QBUL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.55% | -2.45% | -1.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.45% | — |
Current DrawdownCurrent decline from peak | -1.24% | -1.70% | +0.46% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -1.01% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.38% | — |
Volatility
ONEH vs. QBUL - Volatility Comparison
Loading charts...
Volatility by Period
| ONEH | QBUL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.04% | 3.86% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 3.87% | +1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 3.87% | +1.17% |
ONEH vs. QBUL - Expense Ratio Comparison
Both ONEH and QBUL have an expense ratio of 0.79%.
Dividends
ONEH vs. QBUL - Dividend Comparison
ONEH has not paid dividends to shareholders, while QBUL's dividend yield for the trailing twelve months is around 8.85%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ONEH TrueShares Equity Hedge ETF | 0.00% | 0.00% | 0.00% |
QBUL TrueShares Quarterly Bull Hedge ETF | 8.85% | 8.94% | 1.82% |
Frequently Asked Questions
ONEH and QBUL have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ONEH and QBUL have the same expense ratio: 0.79% per year.
QBUL has the higher dividend yield at 8.85%, compared with 0.00% for ONEH.
ONEH is categorized as Equity Hedged, while QBUL is Options Trading.
Find the right allocation for ONEH and QBUL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer