QQDN vs. PLTZ
QQDN (ProShares UltraShort QQQ Mega) and PLTZ (Defiance Daily Target 2X Short PLTR ETF) are both Inverse Equities funds. QQDN is passively managed, while PLTZ is actively managed. At a 0.49 correlation, their price movements are largely independent. QQDN charges 0.95%/yr vs 1.29%/yr for PLTZ.
Performance
QQDN vs. PLTZ - Performance Comparison
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Returns By Period
In the year-to-date period, QQDN achieves a -17.46% return, which is significantly lower than PLTZ's 5.04% return.
QQDN
- 1D
- -0.14%
- 1M
- -6.55%
- YTD
- -17.46%
- 6M
- -13.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTZ
- 1D
- 0.74%
- 1M
- -15.76%
- YTD
- 5.04%
- 6M
- 1.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQDN vs. PLTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQDN ProShares UltraShort QQQ Mega | -17.46% | -34.14% |
PLTZ Defiance Daily Target 2X Short PLTR ETF | 5.04% | -59.87% |
Correlation
The correlation between QQDN and PLTZ is 0.49, 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 Jun 13, 2025 | 0.49 |
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Return for Risk
QQDN vs. PLTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort QQQ Mega (QQDN) and Defiance Daily Target 2X Short PLTR ETF (PLTZ). 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.
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Sharpe Ratios by Period
| QQDN | PLTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | -1.21 | -0.62 | -0.59 |
Drawdowns
QQDN vs. PLTZ - Drawdown Comparison
The maximum QQDN drawdown since its inception was -50.19%, smaller than the maximum PLTZ drawdown of -70.28%. Use the drawdown chart below to compare losses from any high point for QQDN and PLTZ.
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Drawdown Indicators
| QQDN | PLTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.19% | -70.28% | +20.09% |
Current DrawdownCurrent decline from peak | -47.00% | -62.60% | +15.60% |
Average DrawdownAverage peak-to-trough decline | -30.23% | -52.06% | +21.83% |
Volatility
QQDN vs. PLTZ - Volatility Comparison
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Volatility by Period
| QQDN | PLTZ | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 38.51% | 101.79% | -63.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.51% | 101.79% | -63.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.51% | 101.79% | -63.28% |
QQDN vs. PLTZ - Expense Ratio Comparison
QQDN has a 0.95% expense ratio, which is lower than PLTZ's 1.29% expense ratio.
Dividends
QQDN vs. PLTZ - Dividend Comparison
QQDN's dividend yield for the trailing twelve months is around 4.93%, while PLTZ has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
PLTZ Defiance Daily Target 2X Short PLTR ETF | 0.00% | 0.00% |
QQDN ProShares UltraShort QQQ Mega | 4.93% | 3.42% |
Frequently Asked Questions
QQDN and PLTZ have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQDN is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQDN is cheaper with a 0.95% expense ratio, compared with 1.29% for PLTZ.
QQDN has the higher dividend yield at 4.93%, compared with 0.00% for PLTZ.
They also come from different issuers: ProShares and Defiance. Their fees differ too: 0.95% for QQDN and 1.29% for PLTZ.
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