QPUX vs. LULG
QPUX (Defiance 2X Daily Long Pure Quantum ETF) and LULG (Leverage Shares 2X Long LULU Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.12 correlation means their historical movements had little consistent relationship. QPUX charges 1.29%/yr vs 0.75%/yr for LULG.
Performance
QPUX vs. LULG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QPUX achieves a -68.95% return, which is significantly higher than LULG's -73.29% return.
QPUX
- 1D
- 2.44%
- 1M
- -37.41%
- 6M
- -55.03%
- YTD
- -68.95%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LULG
- 1D
- -1.27%
- 1M
- -1.27%
- 6M
- -60.43%
- YTD
- -73.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $563.24K | $638.04K | $1.16M | |
| $2.53M | $2.77M | $8.34M |
QPUX vs. LULG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QPUX Defiance 2X Daily Long Pure Quantum ETF | -68.95% | -50.39% |
LULG Leverage Shares 2X Long LULU Daily ETF | -73.29% | 55.59% |
Correlation
The correlation between QPUX and LULG is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.12 |
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
QPUX vs. LULG - 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 LULU Daily ETF (LULG). 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.
Loading charts...
Drawdowns
QPUX vs. LULG - Drawdown Comparison
The maximum QPUX drawdown since its inception was -95.05%, which is greater than LULG's maximum drawdown of -79.88%. Use the drawdown chart below to compare losses from any high point for QPUX and LULG.
Loading charts...
Drawdown Indicators
| QPUX | LULG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.05% | -79.88% | -15.17% |
Current DrawdownCurrent decline from peak | -93.84% | -75.26% | -18.58% |
Average DrawdownAverage peak-to-trough decline | -71.53% | -42.46% | -29.07% |
Volatility
QPUX vs. LULG - Volatility Comparison
Loading charts...
Volatility by Period
| QPUX | LULG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 198.24% | 85.71% | +112.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 198.24% | 85.71% | +112.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 198.24% | 85.71% | +112.53% |
QPUX vs. LULG - Expense Ratio Comparison
QPUX has a 1.29% expense ratio, which is higher than LULG's 0.75% expense ratio.
Dividends
QPUX vs. LULG - Dividend Comparison
Neither QPUX nor LULG has paid dividends to shareholders.
Frequently Asked Questions
QPUX and LULG have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LULG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LULG is cheaper with a 0.75% expense ratio, compared with 1.29% for QPUX.
QPUX and LULG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for QPUX and 0.75% for LULG.
Find the right allocation for QPUX and LULG
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