QBF vs. TKNQ

Last updated Jul 16, 2026

QBF (Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly) and TKNQ (Amplify Tokenization Technology Leaders ETF) are both Blockchain funds. Their correlation of 0.80 suggests significant overlap in exposure.

Performance

QBF vs. TKNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) and Amplify Tokenization Technology Leaders ETF (TKNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBF achieves a -26.78% return, which is significantly lower than TKNQ's -7.68% return.

QBF

• 1D: 0.42%
• 1M: -5.67%
• 6M: -32.18%
• YTD: -26.78%
• 1Y: -42.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TKNQ

• 1D: 1.44%
• 1M: 1.37%
• 6M: -12.90%
• YTD: -7.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QBF vs. TKNQ - Yearly Performance Comparison

	2026 (YTD)	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	-26.78%	-0.93%
TKNQ Amplify Tokenization Technology Leaders ETF	-7.68%	-1.55%

Correlation

The correlation between QBF and TKNQ is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.80

Return for Risk

QBF vs. TKNQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QBF

QBF Risk / Return Rank: 1
QBF Sharpe Ratio Rank: 0
QBF Sortino Ratio Rank: 0
QBF Omega Ratio Rank: 0
QBF Calmar Ratio Rank: 2
QBF Martin Ratio Rank: 1

TKNQ

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QBF vs. TKNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) and Amplify Tokenization Technology Leaders ETF (TKNQ). 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	TKNQ	Difference
Sharpe ratio: Return per unit of total volatility	-1.57	—	—
Sortino ratio: Return per unit of downside risk	-2.45	—	—
Omega ratio: Gain probability vs. loss probability	0.74	—	—
Calmar ratio: Return relative to maximum drawdown	-0.88	—	—
Martin ratio: Return relative to average drawdown	-1.49	—	—

Drawdowns

QBF vs. TKNQ - Drawdown Comparison

The maximum QBF drawdown since its inception was -48.71%, which is greater than TKNQ's maximum drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for QBF and TKNQ.

Drawdown Indicators

	QBF	TKNQ	Difference
Max Drawdown Largest peak-to-trough decline	-48.71%	-21.83%	-26.88%
Max Drawdown (1Y) Largest decline over 1 year	-48.71%	—	—
Current Drawdown Current decline from peak	-45.27%	-14.04%	-31.23%
Average Drawdown Average peak-to-trough decline	-19.03%	-12.86%	-6.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.59%	—	—

Volatility

Volatility by Period

	QBF	TKNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.33%	28.96%	-1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.02%	28.96%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.02%	28.96%	+0.06%

Dividends

QBF vs. TKNQ - Dividend Comparison

QBF's dividend yield for the trailing twelve months is around 1.89%, while TKNQ has not paid dividends to shareholders.

Position	TTM	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	1.89%	1.38%
TKNQ Amplify Tokenization Technology Leaders ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both QBF and TKNQ in my portfolio?

QBF and TKNQ have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, QBF or TKNQ?

QBF has the higher dividend yield at 1.89%, compared with 0.00% for TKNQ.

What is the main difference between QBF and TKNQ?

They also come from different issuers: Innovator and Amplify.