QPUX vs. NBIG

Last updated Jun 5, 2026

QPUX (Defiance 2X Daily Long Pure Quantum ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. QPUX charges 1.29%/yr vs 0.75%/yr for NBIG.

Performance

QPUX vs. NBIG - 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 NBIS Daily ETF (NBIG). 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 NBIG's 487.61% return.

QPUX

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

NBIG

• 1D: 6.23%
• 1M: 96.57%
• YTD: 487.61%
• 6M: 268.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QPUX vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
QPUX Defiance 2X Daily Long Pure Quantum ETF	-9.71%	-64.59%
NBIG Leverage Shares 2X Long NBIS Daily ETF	487.61%	-62.34%

Correlation

The correlation between QPUX and NBIG is 0.61, 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 Oct 28, 2025	0.61

Return for Risk

QPUX vs. NBIG - 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 NBIS Daily ETF (NBIG). 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	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	1.38	-1.53

Drawdowns

QPUX vs. NBIG - Drawdown Comparison

The maximum QPUX drawdown since its inception was -94.73%, which is greater than NBIG's maximum drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for QPUX and NBIG.

Drawdown Indicators

	QPUX	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-94.73%	-75.83%	-18.90%
Current Drawdown Current decline from peak	-82.09%	-3.94%	-78.15%
Average Drawdown Average peak-to-trough decline	-63.57%	-42.82%	-20.75%

Volatility

Volatility by Period

	QPUX	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	194.31%	200.64%	-6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.31%	200.64%	-6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.31%	200.64%	-6.33%

QPUX vs. NBIG - Expense Ratio Comparison

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

Dividends

QPUX vs. NBIG - Dividend Comparison

Neither QPUX nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QPUX and NBIG in my portfolio?

QPUX and NBIG have a correlation of 0.61, 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 NBIG?

On fees, NBIG 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 NBIG?

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

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

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

What is the main difference between QPUX and NBIG?

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