OSCX vs. QBTZ
OSCX (Defiance Daily Target 2X Long OSCR ETF) and QBTZ (Defiance Daily Target 2X Short QBTS ETF) are both exchange-traded funds - OSCX is a Leveraged Equities fund actively managed by Defiance, while QBTZ is a Inverse Equities fund actively managed by Defiance. Both are actively managed. Their -0.23 correlation means they have often moved in opposite directions in the past. OSCX charges 1.31%/yr vs 1.29%/yr for QBTZ.
Performance
OSCX vs. QBTZ - Performance Comparison
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Returns By Period
In the year-to-date period, OSCX achieves a 217.51% return, which is significantly higher than QBTZ's -84.61% return.
OSCX
- 1D
- 0.38%
- 1M
- -8.90%
- 6M
- 234.86%
- YTD
- 217.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QBTZ
- 1D
- -1.12%
- 1M
- 5.00%
- 6M
- -87.87%
- YTD
- -84.61%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $173.64K | $287.20K | $699.46K | |
| $14.48M | $12.89M | $20.27M |
OSCX vs. QBTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OSCX Defiance Daily Target 2X Long OSCR ETF | 217.51% | -67.86% |
QBTZ Defiance Daily Target 2X Short QBTS ETF | -84.61% | -47.53% |
Correlation
The correlation between OSCX and QBTZ is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | -0.23 |
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Return for Risk
OSCX vs. QBTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long OSCR ETF (OSCX) and Defiance Daily Target 2X Short QBTS ETF (QBTZ). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
OSCX vs. QBTZ - Drawdown Comparison
The maximum OSCX drawdown since its inception was -84.49%, smaller than the maximum QBTZ drawdown of -96.03%. Use the drawdown chart below to compare losses from any high point for OSCX and QBTZ.
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Drawdown Indicators
| OSCX | QBTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.49% | -96.03% | +11.54% |
Current DrawdownCurrent decline from peak | -8.90% | -94.65% | +85.75% |
Average DrawdownAverage peak-to-trough decline | -47.32% | -62.87% | +15.55% |
Volatility
OSCX vs. QBTZ - Volatility Comparison
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Volatility by Period
| OSCX | QBTZ | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 145.79% | 230.14% | -84.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.79% | 230.14% | -84.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 145.79% | 230.14% | -84.35% |
OSCX vs. QBTZ - Expense Ratio Comparison
OSCX has a 1.31% expense ratio, which is higher than QBTZ's 1.29% expense ratio.
Dividends
OSCX vs. QBTZ - Dividend Comparison
Neither OSCX nor QBTZ has paid dividends to shareholders.
Frequently Asked Questions
OSCX and QBTZ have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QBTZ is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QBTZ is cheaper with a 1.29% expense ratio, compared with 1.31% for OSCX.
OSCX and QBTZ have nearly identical dividend yields, around 0.00%.
OSCX is categorized as Leveraged Equities, while QBTZ is Inverse Equities. Their fees differ too: 1.31% for OSCX and 1.29% for QBTZ.
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