QBTZ vs. PLTZ
QBTZ (Defiance Daily Target 2X Short QBTS ETF) and PLTZ (Defiance Daily Target 2X Short PLTR ETF) are both Inverse Equities funds. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. Both charge a 1.29% expense ratio.
Performance
QBTZ vs. PLTZ - Performance Comparison
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Returns By Period
In the year-to-date period, QBTZ achieves a -86.63% return, which is significantly lower than PLTZ's 4.28% return.
QBTZ
- 1D
- 16.41%
- 1M
- -74.19%
- YTD
- -86.63%
- 6M
- -91.97%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTZ
- 1D
- 13.03%
- 1M
- -4.65%
- YTD
- 4.28%
- 6M
- -1.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QBTZ vs. PLTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBTZ Defiance Daily Target 2X Short QBTS ETF | -86.63% | -50.03% |
PLTZ Defiance Daily Target 2X Short PLTR ETF | 4.28% | -11.59% |
Correlation
The correlation between QBTZ and PLTZ is 0.44, 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 Oct 8, 2025 | 0.44 |
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Return for Risk
QBTZ vs. PLTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short QBTS ETF (QBTZ) and Defiance Daily Target 2X Short PLTR ETF (PLTZ). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| QBTZ | PLTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | -0.42 | -0.62 | +0.20 |
Drawdowns
QBTZ vs. PLTZ - Drawdown Comparison
The maximum QBTZ drawdown since its inception was -96.03%, which is greater than PLTZ's maximum drawdown of -70.28%. Use the drawdown chart below to compare losses from any high point for QBTZ and PLTZ.
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Drawdown Indicators
| QBTZ | PLTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.03% | -70.28% | -25.75% |
Current DrawdownCurrent decline from peak | -95.35% | -62.87% | -32.48% |
Average DrawdownAverage peak-to-trough decline | -55.63% | -52.02% | -3.61% |
Volatility
QBTZ vs. PLTZ - Volatility Comparison
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Volatility by Period
| QBTZ | PLTZ | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 235.15% | 101.99% | +133.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 235.15% | 101.99% | +133.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 235.15% | 101.99% | +133.16% |
QBTZ vs. PLTZ - Expense Ratio Comparison
Both QBTZ and PLTZ have an expense ratio of 1.29%.
Dividends
QBTZ vs. PLTZ - Dividend Comparison
Neither QBTZ nor PLTZ has paid dividends to shareholders.
Frequently Asked Questions
QBTZ and PLTZ have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
QBTZ and PLTZ have the same expense ratio: 1.29% per year.
QBTZ and PLTZ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance ETFs and Defiance.
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