QQQP vs. COIG

Last updated Jul 14, 2026

QQQP (Tradr 2X Long Triple Q Quarterly ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, QQQP returned 47.44% vs -91.34% for COIG. A 0.56 correlation means they provide meaningful diversification when combined. QQQP charges 1.30%/yr vs 0.75%/yr for COIG.

Performance

QQQP vs. COIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Triple Q Quarterly ETF (QQQP) 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, QQQP achieves a 24.11% return, which is significantly higher than COIG's -67.10% return.

QQQP

• 1D: -3.72%
• 1M: -3.56%
• 6M: 19.17%
• YTD: 24.11%
• 1Y: 47.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COIG

• 1D: -2.31%
• 1M: -7.03%
• 6M: -71.05%
• YTD: -67.10%
• 1Y: -91.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQP vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
QQQP Tradr 2X Long Triple Q Quarterly ETF	24.11%	59.41%
COIG Leverage Shares 2X Long COIN Daily ETF	-67.10%	-10.62%

Correlation

The correlation between QQQP and COIG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.56

The correlation between QQQP and COIG has been stable across timeframes, ranging from 0.52 to 0.56 - a consistent structural relationship.

Return for Risk

QQQP vs. COIG — Risk / Return Rank

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

QQQP

QQQP Risk / Return Rank: 46
QQQP Sharpe Ratio Rank: 48
QQQP Sortino Ratio Rank: 45
QQQP Omega Ratio Rank: 44
QQQP Calmar Ratio Rank: 47
QQQP Martin Ratio Rank: 48

COIG

COIG Risk / Return Rank: 2
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 2
COIG Omega Ratio Rank: 2
COIG Calmar Ratio Rank: 0
COIG Martin Ratio Rank: 3

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.

QQQP vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Quarterly ETF (QQQP) 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.

	QQQP	COIG	Difference
Sharpe ratio: Return per unit of total volatility	1.34	-0.68	+2.02
Sortino ratio: Return per unit of downside risk	1.84	-1.62	+3.46
Omega ratio: Gain probability vs. loss probability	1.23	0.82	+0.41
Calmar ratio: Return relative to maximum drawdown	1.88	-0.97	+2.86
Martin ratio: Return relative to average drawdown	6.57	-1.26	+7.84

QQQP vs. COIG - Sharpe Ratio Comparison

The current QQQP Sharpe Ratio is 1.34, which is higher than the COIG Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of QQQP and COIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQQP vs. COIG - Drawdown Comparison

The maximum QQQP drawdown since its inception was -42.50%, smaller than the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for QQQP and COIG.

Drawdown Indicators

	QQQP	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-42.50%	-93.79%	+51.29%
Max Drawdown (1Y) Largest decline over 1 year	-25.35%	-93.79%	+68.44%
Current Drawdown Current decline from peak	-8.96%	-92.61%	+83.65%
Average Drawdown Average peak-to-trough decline	-7.25%	-54.71%	+47.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	72.19%	-64.95%

Volatility

QQQP vs. COIG - Volatility Comparison

The current volatility for Tradr 2X Long Triple Q Quarterly ETF (QQQP) is 14.77%, while Leverage Shares 2X Long COIN Daily ETF (COIG) has a volatility of 33.76%. This indicates that QQQP experiences smaller price fluctuations and is considered to be less risky than COIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQP	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.77%	33.76%	-18.99%
Volatility (6M) Calculated over the trailing 6-month period	28.96%	103.76%	-74.80%
Volatility (1Y) Calculated over the trailing 1-year period	35.67%	133.84%	-98.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.38%	144.51%	-100.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.38%	144.51%	-100.13%

QQQP vs. COIG - Expense Ratio Comparison

QQQP has a 1.30% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

QQQP vs. COIG - Dividend Comparison

Neither QQQP nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QQQP and COIG in my portfolio?

QQQP and COIG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQP or COIG?

COIG has higher volatility (33.76%) compared to QQQP (14.77%). In terms of maximum drawdown, QQQP dropped -42.50% vs COIG's -93.79%.

Which ETF is better, QQQP or COIG?

On 1-year performance, QQQP leads with 47.44% vs -91.34% for COIG. On fees, COIG is cheaper at 0.75% per year. On volatility, QQQP has been the lower-risk option at 14.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQP or COIG?

Over the 1-year period, QQQP has performed better with a 47.44% return vs -91.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQP or COIG?

COIG is cheaper with a 0.75% expense ratio, compared with 1.30% for QQQP.

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

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

What is the main difference between QQQP and COIG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for QQQP and 0.75% for COIG.

Which has better risk-adjusted returns?

QQQP currently has the higher Sharpe Ratio (1.34 vs -0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.