QPUX vs. INTW

Last updated Jun 5, 2026

QPUX (Defiance 2X Daily Long Pure Quantum ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. QPUX charges 1.29%/yr vs 1.50%/yr for INTW.

Performance

QPUX vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance 2X Daily Long Pure Quantum ETF (QPUX) and GraniteShares 2x Long INTC Daily ETF (INTW). 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 INTW's 552.98% return.

QPUX

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

INTW

• 1D: -1.47%
• 1M: 1.09%
• YTD: 552.98%
• 6M: 433.74%
• 1Y: 1,596.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QPUX vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
QPUX Defiance 2X Daily Long Pure Quantum ETF	-9.71%	-15.90%
INTW GraniteShares 2x Long INTC Daily ETF	552.98%	188.24%

Correlation

The correlation between QPUX and INTW is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025	0.21

Return for Risk

QPUX vs. INTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INTW

INTW Risk / Return Rank: 97
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 95
INTW Omega Ratio Rank: 93
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QPUX vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Quantum ETF (QPUX) and GraniteShares 2x Long INTC Daily ETF (INTW). 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	INTW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	11.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	3.33	-3.47

Drawdowns

QPUX vs. INTW - Drawdown Comparison

The maximum QPUX drawdown since its inception was -94.73%, which is greater than INTW's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for QPUX and INTW.

Drawdown Indicators

	QPUX	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-94.73%	-60.58%	-34.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.34%	—
Current Drawdown Current decline from peak	-82.09%	-27.77%	-54.32%
Average Drawdown Average peak-to-trough decline	-63.57%	-30.06%	-33.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.12%	—

Volatility

Volatility by Period

	QPUX	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	42.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	110.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	194.31%	143.34%	+50.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.31%	145.01%	+49.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.31%	145.01%	+49.30%

QPUX vs. INTW - Expense Ratio Comparison

QPUX has a 1.29% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

QPUX vs. INTW - Dividend Comparison

Neither QPUX nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QPUX and INTW in my portfolio?

QPUX and INTW have a correlation of 0.21, 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 INTW?

On fees, QPUX is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPUX or INTW?

QPUX is cheaper with a 1.29% expense ratio, compared with 1.50% for INTW.

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

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

What is the main difference between QPUX and INTW?

They also come from different issuers: Defiance and GraniteShares. Their fees differ too: 1.29% for QPUX and 1.50% for INTW.