QBTZ vs. QQQT
QBTZ (Defiance Daily Target 2X Short QBTS ETF) and QQQT (Defiance Nasdaq 100 Income Target ETF) are both exchange-traded funds - QBTZ is a Inverse Equities fund actively managed by Defiance, while QQQT is a Nasdaq-100 fund actively managed by Defiance. Both are actively managed. Their -0.50 correlation means they have often moved in opposite directions in the past. QBTZ charges 1.29%/yr vs 1.05%/yr for QQQT.
Performance
QBTZ vs. QQQT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QBTZ achieves a -84.61% return, which is significantly lower than QQQT's 11.65% return.
QBTZ
- 1D
- -1.12%
- 1M
- 5.00%
- 6M
- -87.87%
- YTD
- -84.61%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQQT
- 1D
- 0.61%
- 1M
- -3.00%
- 6M
- 10.64%
- YTD
- 11.65%
- 1Y
- 21.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.48M | $12.89M | $20.27M | |
| $646.52K | $600.88K | $778.52K |
QBTZ vs. QQQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBTZ Defiance Daily Target 2X Short QBTS ETF | -84.61% | -47.53% |
QQQT Defiance Nasdaq 100 Income Target ETF | 11.65% | -0.23% |
Correlation
The correlation between QBTZ and QQQT is -0.50, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | -0.50 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QBTZ vs. QQQT — Risk / Return Rank
QBTZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQT
QBTZ vs. QQQT - 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 Nasdaq 100 Income Target ETF (QQQT). 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.
| QBTZ | QQQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.50 | — |
| Martin ratioReturn relative to average drawdown | — | 4.68 | — |
Loading charts...
Drawdowns
QBTZ vs. QQQT - Drawdown Comparison
The maximum QBTZ drawdown since its inception was -96.03%, which is greater than QQQT's maximum drawdown of -22.50%. Use the drawdown chart below to compare losses from any high point for QBTZ and QQQT.
Loading charts...
Drawdown Indicators
| QBTZ | QQQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.03% | -22.50% | -73.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.73% | — |
Current DrawdownCurrent decline from peak | -94.65% | -6.81% | -87.84% |
Average DrawdownAverage peak-to-trough decline | -62.87% | -4.02% | -58.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.09% | — |
Volatility
QBTZ vs. QQQT - Volatility Comparison
Loading charts...
Volatility by Period
| QBTZ | QQQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 230.14% | 17.87% | +212.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 230.14% | 20.84% | +209.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 230.14% | 20.84% | +209.30% |
QBTZ vs. QQQT - Expense Ratio Comparison
QBTZ has a 1.29% expense ratio, which is higher than QQQT's 1.05% expense ratio.
Dividends
QBTZ vs. QQQT - Dividend Comparison
QBTZ has not paid dividends to shareholders, while QQQT's dividend yield for the trailing twelve months is around 20.87%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QBTZ Defiance Daily Target 2X Short QBTS ETF | 0.00% | 0.00% | 0.00% |
QQQT Defiance Nasdaq 100 Income Target ETF | 19.05% | 21.27% | 10.35% |
Frequently Asked Questions
QBTZ and QQQT have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQQT is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQQT is cheaper with a 1.05% expense ratio, compared with 1.29% for QBTZ.
QQQT has the higher dividend yield at 19.05%, compared with 0.00% for QBTZ.
QBTZ is categorized as Inverse Equities, while QQQT is Nasdaq-100. Their fees differ too: 1.29% for QBTZ and 1.05% for QQQT.
Find the right allocation for QBTZ and QQQT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer