QTUM vs. ILDR

Last updated Apr 2, 2026

Compare and contrast key facts about Defiance Quantum ETF (QTUM) and First Trust Innovation Leaders ETF (ILDR).

QTUM and ILDR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTUM is a passively managed fund by Defiance that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018. ILDR is an actively managed fund by First Trust. It was launched on May 25, 2021.

Performance

QTUM vs. ILDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) and First Trust Innovation Leaders ETF (ILDR). The values are adjusted to include any dividend payments, if applicable.

QTUM vs. ILDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QTUM Defiance Quantum ETF	-0.14%	36.65%	50.54%	39.86%	-28.80%	18.17%
ILDR First Trust Innovation Leaders ETF	-8.12%	29.22%	29.31%	39.34%	-34.95%	7.29%

Returns By Period

In the year-to-date period, QTUM achieves a -0.14% return, which is significantly higher than ILDR's -8.12% return.

QTUM

• 1D: 1.85%
• 1M: -6.11%
• YTD: -0.14%
• 6M: 3.08%
• 1Y: 47.58%
• 3Y*: 34.18%
• 5Y*: 18.84%
• 10Y*: —

ILDR

• 1D: 1.78%
• 1M: -2.63%
• YTD: -8.12%
• 6M: -7.48%
• 1Y: 29.24%
• 3Y*: 23.34%
• 5Y*: —
• 10Y*: —

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

QTUM vs. ILDR - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is lower than ILDR's 0.75% expense ratio.

ILDR

First Trust Innovation Leaders ETF

QTUM

Defiance Quantum ETF

Return for Risk

QTUM vs. ILDR — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 84
QTUM Sharpe Ratio Rank: 81
QTUM Sortino Ratio Rank: 83
QTUM Omega Ratio Rank: 77
QTUM Calmar Ratio Rank: 91
QTUM Martin Ratio Rank: 88

ILDR

ILDR Risk / Return Rank: 59
ILDR Sharpe Ratio Rank: 59
ILDR Sortino Ratio Rank: 62
ILDR Omega Ratio Rank: 59
ILDR Calmar Ratio Rank: 61
ILDR Martin Ratio Rank: 54

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.

QTUM vs. ILDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and First Trust Innovation Leaders ETF (ILDR). 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.

	QTUM	ILDR	Difference
Sharpe ratio Return per unit of total volatility	1.61	1.10	+0.51
Sortino ratio Return per unit of downside risk	2.24	1.66	+0.58
Omega ratio Gain probability vs. loss probability	1.30	1.23	+0.07
Calmar ratio Return relative to maximum drawdown	3.16	1.69	+1.47
Martin ratio Return relative to average drawdown	11.08	5.61	+5.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM vs. ILDR - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 1.61, which is higher than the ILDR Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of QTUM and ILDR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QTUM	ILDR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	1.10	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.33	+0.51

Correlation

The correlation between QTUM and ILDR is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QTUM vs. ILDR - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 1.07%, while ILDR has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	1.07%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%
ILDR First Trust Innovation Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%	0.00%	0.00%	0.00%

Drawdowns

QTUM vs. ILDR - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum ILDR drawdown of -44.61%. Use the drawdown chart below to compare losses from any high point for QTUM and ILDR.

Drawdown Indicators

	QTUM	ILDR	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-44.61%	+6.16%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-17.70%	+2.44%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Current Drawdown Current decline from peak	-9.34%	-12.30%	+2.96%
Average Drawdown Average peak-to-trough decline	-8.40%	-15.42%	+7.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	5.34%	-0.98%

Volatility

QTUM vs. ILDR - Volatility Comparison

Defiance Quantum ETF (QTUM) has a higher volatility of 9.77% compared to First Trust Innovation Leaders ETF (ILDR) at 8.56%. This indicates that QTUM's price experiences larger fluctuations and is considered to be riskier than ILDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM	ILDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.77%	8.56%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	20.87%	16.69%	+4.18%
Volatility (1Y) Calculated over the trailing 1-year period	29.70%	26.63%	+3.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.21%	26.13%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.05%	26.13%	+0.92%