QBTX vs. BEG

Last updated Jun 4, 2026

QBTX (Tradr 2X Long QBTS Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. At a 0.47 correlation, their price movements are largely independent. QBTX charges 1.30%/yr vs 0.75%/yr for BEG.

Performance

QBTX vs. BEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long QBTS Daily ETF (QBTX) and Leverage Shares 2X Long BE Daily ETF (BEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBTX achieves a -34.37% return, which is significantly lower than BEG's 552.25% return.

QBTX

• 1D: -16.05%
• 1M: 46.29%
• YTD: -34.37%
• 6M: -37.13%
• 1Y: -32.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: -9.38%
• 1M: -7.23%
• YTD: 552.25%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBTX vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
QBTX Tradr 2X Long QBTS Daily ETF	-34.37%	-2.04%
BEG Leverage Shares 2X Long BE Daily ETF	552.25%	-5.55%

Correlation

The correlation between QBTX and BEG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.47

Return for Risk

QBTX vs. BEG — Risk / Return Rank

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

QBTX

QBTX Risk / Return Rank: 14
QBTX Sharpe Ratio Rank: 8
QBTX Sortino Ratio Rank: 27
QBTX Omega Ratio Rank: 23
QBTX Calmar Ratio Rank: 6
QBTX Martin Ratio Rank: 7

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.

QBTX vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long QBTS Daily ETF (QBTX) and Leverage Shares 2X Long BE Daily ETF (BEG). 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.

	QBTX	BEG	Difference
Sharpe ratio Return per unit of total volatility	-0.15	—	—
Sortino ratio Return per unit of downside risk	1.40	—	—
Omega ratio Gain probability vs. loss probability	1.15	—	—
Calmar ratio Return relative to maximum drawdown	-0.34	—	—
Martin ratio Return relative to average drawdown	-0.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QBTX	BEG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	24.77	-24.15

Drawdowns

QBTX vs. BEG - Drawdown Comparison

The maximum QBTX drawdown since its inception was -95.48%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for QBTX and BEG.

Drawdown Indicators

	QBTX	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-95.48%	-59.85%	-35.63%
Max Drawdown (1Y) Largest decline over 1 year	-95.48%	—	—
Current Drawdown Current decline from peak	-84.84%	-13.90%	-70.94%
Average Drawdown Average peak-to-trough decline	-56.06%	-16.14%	-39.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	67.01%	—	—

Volatility

Volatility by Period

	QBTX	BEG	Difference
Volatility (1M) Calculated over the trailing 1-month period	77.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	149.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	214.79%	213.85%	+0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	241.97%	213.85%	+28.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	241.97%	213.85%	+28.12%

QBTX vs. BEG - Expense Ratio Comparison

QBTX has a 1.30% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

QBTX vs. BEG - Dividend Comparison

QBTX's dividend yield for the trailing twelve months is around 20.11%, while BEG has not paid dividends to shareholders.

Position	TTM	2025
BEG Leverage Shares 2X Long BE Daily ETF	0.00%	0.00%
QBTX Tradr 2X Long QBTS Daily ETF	20.11%	13.20%

Frequently Asked Questions

Can I hold both QBTX and BEG in my portfolio?

QBTX and BEG 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.

Which ETF is better, QBTX or BEG?

On fees, BEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBTX or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 1.30% for QBTX.

Which ETF pays a higher dividend yield, QBTX or BEG?

QBTX has the higher dividend yield at 20.11%, compared with 0.00% for BEG.

What is the main difference between QBTX and BEG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for QBTX and 0.75% for BEG.