QBTZ vs. SVIX
QBTZ (Defiance Daily Target 2X Short QBTS ETF) and SVIX (Volatility Shares -1x Short VIX Futures ETF) are both Inverse Equities funds. At a correlation of -0.34, they often move in opposite directions. QBTZ charges 1.29%/yr vs 1.47%/yr for SVIX.
Performance
QBTZ vs. SVIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QBTZ achieves a -86.84% return, which is significantly lower than SVIX's -5.20% return.
QBTZ
- 1D
- -1.57%
- 1M
- -73.34%
- YTD
- -86.84%
- 6M
- -88.85%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SVIX
- 1D
- 3.24%
- 1M
- 20.39%
- YTD
- -5.20%
- 6M
- 9.90%
- 1Y
- 56.79%
- 3Y*
- -0.23%
- 5Y*
- —
- 10Y*
- —
QBTZ vs. SVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBTZ Defiance Daily Target 2X Short QBTS ETF | -86.84% | -50.03% |
SVIX Volatility Shares -1x Short VIX Futures ETF | -5.20% | 15.71% |
Correlation
The correlation between QBTZ and SVIX is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025 | -0.34 |
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. SVIX — Risk / Return Rank
QBTZ
SVIX
QBTZ vs. SVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short QBTS ETF (QBTZ) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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.
Loading charts...
Sharpe Ratios by Period
| QBTZ | SVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.42 | 0.17 | -0.59 |
Drawdowns
QBTZ vs. SVIX - Drawdown Comparison
The maximum QBTZ drawdown since its inception was -96.03%, which is greater than SVIX's maximum drawdown of -79.30%. Use the drawdown chart below to compare losses from any high point for QBTZ and SVIX.
Loading charts...
Drawdown Indicators
| QBTZ | SVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.03% | -79.30% | -16.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -42.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -79.30% | — |
Current DrawdownCurrent decline from peak | -95.42% | -54.72% | -40.70% |
Average DrawdownAverage peak-to-trough decline | -55.88% | -31.62% | -24.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 14.76% | — |
Volatility
QBTZ vs. SVIX - Volatility Comparison
Loading charts...
Volatility by Period
| QBTZ | SVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.75% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 41.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 234.44% | 54.79% | +179.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 234.44% | 66.26% | +168.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 234.44% | 66.26% | +168.18% |
QBTZ vs. SVIX - Expense Ratio Comparison
QBTZ has a 1.29% expense ratio, which is lower than SVIX's 1.47% expense ratio.
Dividends
QBTZ vs. SVIX - Dividend Comparison
Neither QBTZ nor SVIX has paid dividends to shareholders.
Frequently Asked Questions
QBTZ and SVIX have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QBTZ is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QBTZ is cheaper with a 1.29% expense ratio, compared with 1.47% for SVIX.
QBTZ and SVIX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance ETFs and Volatility Shares. Their fees differ too: 1.29% for QBTZ and 1.47% for SVIX.
Find the right allocation for QBTZ and SVIX
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