QBTX vs. NVTX

Last updated Jun 24, 2026

QBTX (Tradr 2X Long QBTS Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds from Tradr. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 1.30% expense ratio.

Performance

QBTX vs. NVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, QBTX achieves a -49.88% return, which is significantly lower than NVTX's 250.82% return.

QBTX

• 1D: 4.15%
• 1M: -34.95%
• YTD: -49.88%
• 6M: -60.48%
• 1Y: -24.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -19.51%
• 1M: -54.78%
• YTD: 250.82%
• 6M: 201.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBTX vs. NVTX - Yearly Performance Comparison

	2026 (YTD)	2025
QBTX Tradr 2X Long QBTS Daily ETF	-49.88%	64.90%
NVTX Tradr 2X Long NVTS Daily ETF	250.82%	-11.25%

Correlation

The correlation between QBTX and NVTX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.53

Return for Risk

QBTX vs. NVTX — Risk / Return Rank

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

QBTX

QBTX Risk / Return Rank: 15
QBTX Sharpe Ratio Rank: 8
QBTX Sortino Ratio Rank: 30
QBTX Omega Ratio Rank: 25
QBTX Calmar Ratio Rank: 7
QBTX Martin Ratio Rank: 7

NVTX

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.

QBTX vs. NVTX - Risk-Adjusted Trends Comparison

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

	QBTX	NVTX	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	—	—
Sortino ratio: Return per unit of downside risk	1.50	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.35	—	—

Drawdowns

QBTX vs. NVTX - Drawdown Comparison

The maximum QBTX drawdown since its inception was -95.48%, which is greater than NVTX's maximum drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for QBTX and NVTX.

Drawdown Indicators

	QBTX	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-95.48%	-89.20%	-6.28%
Max Drawdown (1Y) Largest decline over 1 year	-95.48%	—	—
Current Drawdown Current decline from peak	-88.42%	-61.33%	-27.09%
Average Drawdown Average peak-to-trough decline	-57.31%	-59.89%	+2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	69.22%	—	—

Volatility

Volatility by Period

	QBTX	NVTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	66.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	150.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	217.47%	265.87%	-48.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	241.06%	265.87%	-24.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	241.06%	265.87%	-24.81%

QBTX vs. NVTX - Expense Ratio Comparison

Both QBTX and NVTX have an expense ratio of 1.30%.

Dividends

QBTX vs. NVTX - Dividend Comparison

QBTX's dividend yield for the trailing twelve months is around 26.33%, more than NVTX's 4.86% yield.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	4.86%	17.05%
QBTX Tradr 2X Long QBTS Daily ETF	26.33%	13.20%

Frequently Asked Questions

Can I hold both QBTX and NVTX in my portfolio?

QBTX and NVTX have a correlation of 0.53, 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 NVTX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBTX or NVTX?

QBTX and NVTX have the same expense ratio: 1.30% per year.

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

QBTX has the higher dividend yield at 26.33%, compared with 4.86% for NVTX.