QBTZ vs. RGTZ

Last updated Jun 23, 2026

QBTZ (Defiance Daily Target 2X Short QBTS ETF) and RGTZ (Defiance Daily Target 2X Short RGTI ETF) are both Inverse Equities funds from Defiance ETFs. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 1.29% expense ratio.

Performance

QBTZ vs. RGTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Short QBTS ETF (QBTZ) and Defiance Daily Target 2X Short RGTI ETF (RGTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with QBTZ having a -86.49% return and RGTZ slightly higher at -85.36%.

QBTZ

• 1D: 1.31%
• 1M: 10.26%
• YTD: -86.49%
• 6M: -80.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RGTZ

• 1D: -1.08%
• 1M: 14.70%
• YTD: -85.36%
• 6M: -79.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBTZ vs. RGTZ - Yearly Performance Comparison

	2026 (YTD)	2025
QBTZ Defiance Daily Target 2X Short QBTS ETF	-86.49%	-53.95%
RGTZ Defiance Daily Target 2X Short RGTI ETF	-85.36%	7.21%

Correlation

The correlation between QBTZ and RGTZ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.92

Return for Risk

QBTZ vs. RGTZ - 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 RGTI ETF (RGTZ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

QBTZ vs. RGTZ - Drawdown Comparison

The maximum QBTZ drawdown since its inception was -96.03%, roughly equal to the maximum RGTZ drawdown of -92.92%. Use the drawdown chart below to compare losses from any high point for QBTZ and RGTZ.

Drawdown Indicators

	QBTZ	RGTZ	Difference
Max Drawdown Largest peak-to-trough decline	-96.03%	-92.92%	-3.11%
Current Drawdown Current decline from peak	-95.30%	-91.15%	-4.15%
Average Drawdown Average peak-to-trough decline	-57.98%	-44.28%	-13.70%

Volatility

Volatility by Period

	QBTZ	RGTZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	234.75%	218.95%	+15.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	234.75%	218.95%	+15.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	234.75%	218.95%	+15.80%

QBTZ vs. RGTZ - Expense Ratio Comparison

Both QBTZ and RGTZ have an expense ratio of 1.29%.

Dividends

QBTZ vs. RGTZ - Dividend Comparison

Neither QBTZ nor RGTZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QBTZ and RGTZ in my portfolio?

With a correlation of 0.92, QBTZ and RGTZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, QBTZ or RGTZ?

Both ETFs have the same 1.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBTZ or RGTZ?

QBTZ and RGTZ have the same expense ratio: 1.29% per year.

Which ETF pays a higher dividend yield, QBTZ or RGTZ?

QBTZ and RGTZ have nearly identical dividend yields, around 0.00%.