QSU vs. UUUG

Last updated Jul 4, 2026

QSU (Defiance Daily Target 2X Long QS ETF) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds. QSU is actively managed, while UUUG is passively managed. A 0.60 correlation means they provide meaningful diversification when combined. QSU charges 1.31%/yr vs 0.75%/yr for UUUG.

Performance

QSU vs. UUUG - Performance Comparison

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

Returns By Period

QSU

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

UUUG

• 1D: -6.86%
• 1M: -45.70%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSU vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
QSU Defiance Daily Target 2X Long QS ETF	-72.05%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-69.59%

Correlation

The correlation between QSU and UUUG is 0.60, 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 Jan 13, 2026	0.60

Return for Risk

QSU vs. UUUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long QS ETF (QSU) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). 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. UUUG - Drawdown Comparison

The maximum QSU drawdown since its inception was -92.77%, which is greater than UUUG's maximum drawdown of -84.01%. Use the drawdown chart below to compare losses from any high point for QSU and UUUG.

Drawdown Indicators

	QSU	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-92.77%	-84.01%	-8.76%
Current Drawdown Current decline from peak	-92.07%	-84.01%	-8.06%
Average Drawdown Average peak-to-trough decline	-75.36%	-55.83%	-19.53%

Volatility

Volatility by Period

	QSU	UUUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	154.34%	184.68%	-30.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	154.34%	184.68%	-30.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	154.34%	184.68%	-30.34%

QSU vs. UUUG - Expense Ratio Comparison

QSU has a 1.31% expense ratio, which is higher than UUUG's 0.75% expense ratio.

Dividends

QSU vs. UUUG - Dividend Comparison

Neither QSU nor UUUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QSU and UUUG in my portfolio?

QSU and UUUG have a correlation of 0.60, 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 UUUG?

On fees, UUUG 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, QSU or UUUG?

UUUG is cheaper with a 0.75% expense ratio, compared with 1.31% for QSU.

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

QSU and UUUG have nearly identical dividend yields, around 0.00%.

What is the main difference between QSU and UUUG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for QSU and 0.75% for UUUG.