QSU vs. AIPO

Last updated Jul 4, 2026

QSU (Defiance Daily Target 2X Long QS ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - QSU is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. QSU is actively managed, while AIPO is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. QSU charges 1.31%/yr vs 0.69%/yr for AIPO.

Performance

QSU vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long QS ETF (QSU) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QSU achieves a -70.86% return, which is significantly lower than AIPO's 40.28% return.

QSU

• 1D: -14.15%
• 1M: -42.07%
• 6M: -73.99%
• YTD: -70.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -3.12%
• 1M: -7.73%
• 6M: 34.04%
• YTD: 40.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSU vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
QSU Defiance Daily Target 2X Long QS ETF	-70.86%	-65.11%
AIPO Defiance AI & Power Infrastructure ETF	40.28%	-9.45%

Correlation

The correlation between QSU and AIPO is 0.66, 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 21, 2025	0.66

Return for Risk

QSU vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long QS ETF (QSU) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

Drawdowns

QSU vs. AIPO - Drawdown Comparison

The maximum QSU drawdown since its inception was -92.77%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for QSU and AIPO.

Drawdown Indicators

	QSU	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-92.77%	-17.31%	-75.46%
Current Drawdown Current decline from peak	-92.07%	-10.76%	-81.31%
Average Drawdown Average peak-to-trough decline	-75.36%	-4.51%	-70.85%

Volatility

Volatility by Period

	QSU	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	154.34%	35.87%	+118.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	154.34%	35.87%	+118.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	154.34%	35.87%	+118.47%

QSU vs. AIPO - Expense Ratio Comparison

QSU has a 1.31% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

QSU vs. AIPO - Dividend Comparison

QSU has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
QSU Defiance Daily Target 2X Long QS ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both QSU and AIPO in my portfolio?

QSU and AIPO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QSU or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QSU or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 1.31% for QSU.

Which ETF pays a higher dividend yield, QSU or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for QSU.

What is the main difference between QSU and AIPO?

QSU is categorized as Leveraged Equities, while AIPO is Building & Construction. Their fees differ too: 1.31% for QSU and 0.69% for AIPO.