QBF vs. LOUP
QBF (Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly) and LOUP (Innovator Deepwater Frontier Tech ETF) are both exchange-traded funds - QBF is a Blockchain fund actively managed by Innovator, while LOUP is a Technology Equities fund tracking the Deepwater Frontier Tech Index. QBF is actively managed, while LOUP is passively managed. Over the past year, QBF returned -37.30% vs 61.21% for LOUP. At a 0.46 correlation, their price movements are largely independent. QBF charges 0.79%/yr vs 0.70%/yr for LOUP.
Performance
QBF vs. LOUP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QBF achieves a -27.01% return, which is significantly lower than LOUP's 21.99% return.
QBF
- 1D
- -3.18%
- 1M
- -14.78%
- YTD
- -27.01%
- 6M
- -27.39%
- 1Y
- -37.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LOUP
- 1D
- -3.56%
- 1M
- 4.72%
- YTD
- 21.99%
- 6M
- 19.67%
- 1Y
- 61.21%
- 3Y*
- 34.83%
- 5Y*
- 11.19%
- 10Y*
- —
QBF vs. LOUP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly | -27.01% | -14.76% |
LOUP Innovator Deepwater Frontier Tech ETF | 21.99% | 25.72% |
Correlation
The correlation between QBF and LOUP is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | 0.46 |
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
QBF vs. LOUP — Risk / Return Rank
QBF
LOUP
QBF vs. LOUP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) and Innovator Deepwater Frontier Tech ETF (LOUP). 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.
| QBF | LOUP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.43 | ||
| Sortino ratioReturn per unit of downside risk | -4.66 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.33 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 2.93 | -3.74 |
| Martin ratioReturn relative to average drawdown | -1.43 | 9.65 | -11.08 |
Loading charts...
Drawdowns
QBF vs. LOUP - Drawdown Comparison
The maximum QBF drawdown since its inception was -46.35%, smaller than the maximum LOUP drawdown of -58.68%. Use the drawdown chart below to compare losses from any high point for QBF and LOUP.
Loading charts...
Drawdown Indicators
| QBF | LOUP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -58.68% | +12.33% |
Max Drawdown (1Y)Largest decline over 1 year | -46.35% | -21.00% | -25.35% |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.63% | — |
Current DrawdownCurrent decline from peak | -45.44% | -6.64% | -38.80% |
Average DrawdownAverage peak-to-trough decline | -17.82% | -19.94% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.21% | 6.36% | +19.85% |
Volatility
QBF vs. LOUP - Volatility Comparison
The current volatility for Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) is 10.57%, while Innovator Deepwater Frontier Tech ETF (LOUP) has a volatility of 12.01%. This indicates that QBF experiences smaller price fluctuations and is considered to be less risky than LOUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QBF | LOUP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.57% | 12.01% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 20.27% | 23.40% | -3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.20% | 29.92% | -2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.01% | 32.66% | -3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.01% | 32.05% | -3.04% |
QBF vs. LOUP - Expense Ratio Comparison
QBF has a 0.79% expense ratio, which is higher than LOUP's 0.70% expense ratio.
Dividends
QBF vs. LOUP - Dividend Comparison
QBF's dividend yield for the trailing twelve months is around 1.89%, while LOUP has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
LOUP Innovator Deepwater Frontier Tech ETF | 0.00% | 0.00% |
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly | 1.89% | 1.38% |
Frequently Asked Questions
QBF and LOUP have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LOUP has higher volatility (12.01%) compared to QBF (10.57%). In terms of maximum drawdown, QBF dropped -46.35% vs LOUP's -58.68%.
On 1-year performance, LOUP leads with 61.21% vs -37.30% for QBF. On fees, LOUP is cheaper at 0.70% per year. On volatility, QBF has been the lower-risk option at 10.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LOUP has performed better with a 61.21% return vs -37.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LOUP is cheaper with a 0.70% expense ratio, compared with 0.79% for QBF.
QBF has the higher dividend yield at 1.89%, compared with 0.00% for LOUP.
QBF is categorized as Blockchain, while LOUP is Technology Equities. Their fees differ too: 0.79% for QBF and 0.70% for LOUP.
LOUP currently has the higher Sharpe Ratio (2.06 vs -1.38), 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.
Find the right allocation for QBF and LOUP
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