QPUX vs. COIG

Last updated Aug 1, 2026

QPUX (Defiance 2X Daily Long Pure Quantum ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.56 correlation means they have sometimes moved together and sometimes differently. QPUX charges 1.29%/yr vs 0.75%/yr for COIG.

Performance

QPUX vs. COIG - Performance Comparison

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

Returns By Period

In the year-to-date period, QPUX achieves a -68.95% return, which is significantly higher than COIG's -73.05% return.

QPUX

• 1D: 2.44%
• 1M: -37.41%
• 6M: -55.03%
• YTD: -68.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

COIG

• 1D: -21.82%
• 1M: -26.28%
• 6M: -62.23%
• YTD: -73.05%
• 1Y: -88.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -64.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COIG Leverage Shares 2X Long COIN Daily ETF	$1.05M	$858.94K	$991.71K
QPUX Defiance 2X Daily Long Pure Quantum ETF	$2.53M	$2.77M	$8.34M

QPUX vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
QPUX Defiance 2X Daily Long Pure Quantum ETF	-68.95%	-55.09%
COIG Leverage Shares 2X Long COIN Daily ETF	-73.05%	-54.56%

Correlation

The correlation between QPUX and COIG is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 7, 2025	0.56

Return for Risk

QPUX vs. COIG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QPUX

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

COIG

COIG Risk / Return Rank: 2
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 1
COIG Omega Ratio Rank: 2
COIG Calmar Ratio Rank: 0
COIG Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QPUX vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Quantum ETF (QPUX) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.

	QPUX	COIG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.67	—
Sortino ratio: Return per unit of downside risk	—	-1.64	—
Omega ratio: Gain probability vs. loss probability	—	0.82	—
Calmar ratio: Return relative to maximum drawdown	—	-1.01	—
Martin ratio: Return relative to average drawdown	—	-1.36	—

Drawdowns

QPUX vs. COIG - Drawdown Comparison

The maximum QPUX drawdown since its inception was -95.05%, roughly equal to the maximum COIG drawdown of -93.94%. Use the drawdown chart below to compare losses from any high point for QPUX and COIG.

Drawdown Indicators

	QPUX	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-95.05%	-93.94%	-1.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-91.96%	—
Current Drawdown Current decline from peak	-93.84%	-93.94%	+0.10%
Average Drawdown Average peak-to-trough decline	-71.53%	-56.23%	-15.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	70.49%	—

Volatility

Volatility by Period

	QPUX	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	41.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	108.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	198.24%	137.96%	+60.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	198.24%	145.17%	+53.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	198.24%	145.17%	+53.07%

QPUX vs. COIG - Expense Ratio Comparison

QPUX has a 1.29% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

QPUX vs. COIG - Dividend Comparison

Neither QPUX nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QPUX and COIG in my portfolio?

QPUX and COIG have a correlation of 0.56, 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 COIG?

On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPUX or COIG?

COIG is cheaper with a 0.75% expense ratio, compared with 1.29% for QPUX.

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

QPUX and COIG have nearly identical dividend yields, around 0.00%.

What is the main difference between QPUX and COIG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for QPUX and 0.75% for COIG.