QBF vs. TKNQ

Last updated Aug 5, 2026

QBF (Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly) and TKNQ (Amplify Tokenization Technology Leaders ETF) are both Blockchain funds. QBF is actively managed, while TKNQ is passively managed. Their correlation of 0.81 means they have usually moved in the same direction. QBF charges 0.79%/yr vs 0.69%/yr for TKNQ.

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 -27.43% return, which is significantly lower than TKNQ's -7.78% return.

QBF

• 1D: 0.45%
• 1M: 3.01%
• 6M: -19.69%
• YTD: -27.43%
• 1Y: -42.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -27.57%

TKNQ

• 1D: 1.16%
• 1M: 3.21%
• 6M: -1.11%
• YTD: -7.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	$61.34K	$84.88K	$133.05K
TKNQ Amplify Tokenization Technology Leaders ETF	$36.11K	$29.17K	$23.84K

QBF vs. TKNQ - Yearly Performance Comparison

	2026 (YTD)	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	-27.43%	-0.93%
TKNQ Amplify Tokenization Technology Leaders ETF	-7.78%	-1.55%

Correlation

The correlation between QBF and TKNQ is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.81

Return for Risk

QBF vs. TKNQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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	-1.56	—	—
Sortino ratio: Return per unit of downside risk	-2.43	—	—
Omega ratio: Gain probability vs. loss probability	0.74	—	—
Calmar ratio: Return relative to maximum drawdown	-0.87	—	—
Martin ratio: Return relative to average drawdown	-1.39	—	—

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	-45.76%	-14.13%	-31.63%
Average Drawdown Average peak-to-trough decline	-20.02%	-13.11%	-6.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.54%	—	—

Volatility

Volatility by Period

	QBF	TKNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.19%	28.29%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.64%	28.29%	+0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.64%	28.29%	+0.35%

QBF vs. TKNQ - Expense Ratio Comparison

QBF has a 0.79% expense ratio, which is higher than TKNQ's 0.69% expense ratio.

Dividends

QBF vs. TKNQ - Dividend Comparison

QBF's dividend yield for the trailing twelve months is around 1.90%, while TKNQ has not paid dividends to shareholders.

Position	TTM	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	1.90%	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 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QBF or TKNQ?

On fees, TKNQ is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBF or TKNQ?

TKNQ is cheaper with a 0.69% expense ratio, compared with 0.79% for QBF.

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

QBF has the higher dividend yield at 1.90%, compared with 0.00% for TKNQ.

What is the main difference between QBF and TKNQ?

They also come from different issuers: Innovator and Amplify. Their fees differ too: 0.79% for QBF and 0.69% for TKNQ.