QSU vs. QQQY
QSU (Defiance Daily Target 2X Long QS ETF) and QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) are both exchange-traded funds - QSU is a Leveraged Equities fund actively managed by Defiance, while QQQY is a Nasdaq-100 fund actively managed by Defiance. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. QSU charges 1.31%/yr vs 0.99%/yr for QQQY.
Performance
QSU vs. QQQY - Performance Comparison
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Returns By Period
In the year-to-date period, QSU achieves a -85.70% return, which is significantly lower than QQQY's 12.52% return.
QSU
- 1D
- -25.63%
- 1M
- -56.89%
- 6M
- -86.22%
- YTD
- -85.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQQY
- 1D
- -1.68%
- 1M
- -1.90%
- 6M
- 11.33%
- YTD
- 12.52%
- 1Y
- 21.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.98M | $2.30M | $2.97M | |
| $1.22M | $1.05M | $1.81M |
QSU vs. QQQY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QSU Defiance Daily Target 2X Long QS ETF | -85.70% | -65.11% |
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 12.52% | 0.98% |
Correlation
The correlation between QSU and QQQY is 0.57, 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 | 0.57 |
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Return for Risk
QSU vs. QQQY — Risk / Return Rank
QSU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQY
QSU vs. QQQY - 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 Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.
| QSU | QQQY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.90 | — |
| Martin ratioReturn relative to average drawdown | — | 7.18 | — |
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Drawdowns
QSU vs. QQQY - Drawdown Comparison
The maximum QSU drawdown since its inception was -96.11%, which is greater than QQQY's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for QSU and QQQY.
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Drawdown Indicators
| QSU | QQQY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.11% | -19.05% | -77.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.14% | — |
Current DrawdownCurrent decline from peak | -96.11% | -5.85% | -90.26% |
Average DrawdownAverage peak-to-trough decline | -76.73% | -2.93% | -73.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.94% | — |
Volatility
QSU vs. QQQY - Volatility Comparison
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Volatility by Period
| QSU | QQQY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.38% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 154.55% | 16.90% | +137.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 154.55% | 15.61% | +138.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 154.55% | 15.61% | +138.94% |
QSU vs. QQQY - Expense Ratio Comparison
QSU has a 1.31% expense ratio, which is higher than QQQY's 0.99% expense ratio.
Dividends
QSU vs. QQQY - Dividend Comparison
QSU has not paid dividends to shareholders, while QQQY's dividend yield for the trailing twelve months is around 38.27%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 38.27% | 45.34% | 83.34% | 20.64% |
QSU Defiance Daily Target 2X Long QS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QSU and QQQY have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQQY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQQY is cheaper with a 0.99% expense ratio, compared with 1.31% for QSU.
QQQY has the higher dividend yield at 38.27%, compared with 0.00% for QSU.
QSU is categorized as Leveraged Equities, while QQQY is Nasdaq-100. Their fees differ too: 1.31% for QSU and 0.99% for QQQY.
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