QPUX vs. AIPO

Last updated Jun 5, 2026

QPUX (Defiance 2X Daily Long Pure Quantum ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - QPUX is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. QPUX is actively managed, while AIPO is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. QPUX charges 1.29%/yr vs 0.69%/yr for AIPO.

Performance

QPUX vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance 2X Daily Long Pure Quantum ETF (QPUX) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QPUX achieves a -9.71% return, which is significantly lower than AIPO's 50.90% return.

QPUX

• 1D: -2.18%
• 1M: 48.72%
• YTD: -9.71%
• 6M: -45.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -0.74%
• 1M: 3.63%
• YTD: 50.90%
• 6M: 40.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QPUX vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
QPUX Defiance 2X Daily Long Pure Quantum ETF	-9.71%	-15.90%
AIPO Defiance AI & Power Infrastructure ETF	50.90%	7.49%

Correlation

The correlation between QPUX and AIPO is 0.55, 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 Aug 8, 2025	0.55

Return for Risk

QPUX vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Quantum ETF (QPUX) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

Sharpe Ratios by Period

	QPUX	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	2.30	-2.45

Drawdowns

QPUX vs. AIPO - Drawdown Comparison

The maximum QPUX drawdown since its inception was -94.73%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for QPUX and AIPO.

Drawdown Indicators

	QPUX	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-94.73%	-17.31%	-77.42%
Current Drawdown Current decline from peak	-82.09%	-1.85%	-80.24%
Average Drawdown Average peak-to-trough decline	-63.57%	-4.37%	-59.20%

Volatility

Volatility by Period

	QPUX	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	194.31%	34.02%	+160.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.31%	34.02%	+160.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.31%	34.02%	+160.29%

QPUX vs. AIPO - Expense Ratio Comparison

QPUX has a 1.29% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

QPUX vs. AIPO - Dividend Comparison

QPUX has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
QPUX Defiance 2X Daily Long Pure Quantum ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both QPUX and AIPO in my portfolio?

QPUX and AIPO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QPUX or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPUX or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 1.29% for QPUX.

Which ETF pays a higher dividend yield, QPUX or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for QPUX.

What is the main difference between QPUX and AIPO?

QPUX is categorized as Leveraged Equities, while AIPO is Technology Equities. Their fees differ too: 1.29% for QPUX and 0.69% for AIPO.