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OSCX vs. QBTZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

OSCX vs. QBTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long OSCR ETF (OSCX) and Defiance Daily Target 2X Short QBTS ETF (QBTZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OSCX achieves a 63.92% return, which is significantly higher than QBTZ's -88.52% return.


OSCX

1D
-16.23%
1M
22.83%
YTD
63.92%
6M
13.88%
1Y
3Y*
5Y*
10Y*

QBTZ

1D
-5.19%
1M
-78.83%
YTD
-88.52%
6M
-94.68%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

OSCX vs. QBTZ - Yearly Performance Comparison


Correlation

The correlation between OSCX and QBTZ is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (All Time)
Calculated using the full available price history since Oct 8, 2025

-0.21

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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.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OSCX vs. QBTZ - Sharpe Ratio Comparison


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Sharpe Ratios by Period


OSCXQBTZDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.20

-0.42

+0.22

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


OSCXQBTZDifference

Max Drawdown

Largest peak-to-trough decline

-84.49%

-96.03%

+11.54%

Current Drawdown

Current decline from peak

-47.89%

-96.01%

+48.12%

Average Drawdown

Average peak-to-trough decline

-55.89%

-55.39%

-0.50%

Volatility

OSCX vs. QBTZ - Volatility Comparison


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Volatility by Period


OSCXQBTZDifference

Volatility (1Y)

Calculated over the trailing 1-year period

146.86%

234.95%

-88.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

146.86%

234.95%

-88.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

146.86%

234.95%

-88.09%

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.


Tickers have no history of dividend payments

Frequently Asked Questions


OSCX and QBTZ have a correlation of -0.21, 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.

Portfolio Optimizer

Find the right allocation for OSCX and QBTZ

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