QTUM vs. TQQQ

Last updated Jun 14, 2026

QTUM (Defiance Quantum ETF) and TQQQ (ProShares UltraPro QQQ) are both exchange-traded funds - QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while TQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 5 years, QTUM returned 28.09%/yr vs 24.34%/yr for TQQQ. Their correlation of 0.85 suggests significant overlap in exposure. QTUM charges 0.40%/yr vs 0.95%/yr for TQQQ.

Performance

QTUM vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with QTUM having a 47.39% return and TQQQ slightly lower at 47.28%.

QTUM

• 1D: 1.22%
• 1M: 12.73%
• YTD: 47.39%
• 6M: 45.72%
• 1Y: 86.28%
• 3Y*: 48.15%
• 5Y*: 28.09%
• 10Y*: —

TQQQ

• 1D: 1.99%
• 1M: 2.89%
• YTD: 47.28%
• 6M: 47.23%
• 1Y: 114.36%
• 3Y*: 59.79%
• 5Y*: 24.34%
• 10Y*: 44.55%

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

QTUM vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	47.39%	36.65%	50.54%	39.86%	-28.80%	35.18%	42.05%	47.99%	-19.44%
TQQQ ProShares UltraPro QQQ	47.28%	34.35%	58.27%	198.04%	-79.09%	82.98%	110.05%	133.84%	-48.08%

Correlation

The correlation between QTUM and TQQQ is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Sep 5, 2018	0.85

The correlation between QTUM and TQQQ has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

QTUM vs. TQQQ - Sectors Allocation Comparison

Sectors	QTUM	TQQQ
Technology	83.6%	53.8%
Industrials	8.7%	2.8%
Communication Services	4.8%	15.8%
Consumer Cyclical	0.7%	12.3%
Healthcare	0.6%	4.2%
Financial Services	0.0%	0.2%
Basic Materials	-	1.1%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Real Estate	-	0.1%
Utilities	-	1.4%

Return for Risk

QTUM vs. TQQQ — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 90
QTUM Sharpe Ratio Rank: 93
QTUM Sortino Ratio Rank: 87
QTUM Omega Ratio Rank: 87
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 92

TQQQ

TQQQ Risk / Return Rank: 64
TQQQ Sharpe Ratio Rank: 75
TQQQ Sortino Ratio Rank: 59
TQQQ Omega Ratio Rank: 62
TQQQ Calmar Ratio Rank: 66
TQQQ Martin Ratio Rank: 59

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. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and ProShares UltraPro QQQ (TQQQ). 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.

	QTUM	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.94	2.09	+0.85
Sortino ratio: Return per unit of downside risk	3.45	2.42	+1.03
Omega ratio: Gain probability vs. loss probability	1.46	1.32	+0.14
Calmar ratio: Return relative to maximum drawdown	5.46	2.89	+2.57
Martin ratio: Return relative to average drawdown	19.77	9.26	+10.51

QTUM vs. TQQQ - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 2.94, which is higher than the TQQQ Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of QTUM and TQQQ, 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

QTUM vs. TQQQ - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for QTUM and TQQQ.

Drawdown Indicators

	QTUM	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-81.66%	+43.21%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-36.97%	+21.71%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-58.04%	+32.65%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-81.66%	+43.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-81.66%	—
Current Drawdown Current decline from peak	-4.42%	-11.12%	+6.70%
Average Drawdown Average peak-to-trough decline	-8.24%	-18.51%	+10.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	11.52%	-7.31%

Volatility

QTUM vs. TQQQ - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 14.18%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 22.79%. This indicates that QTUM experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.18%	22.79%	-8.61%
Volatility (6M) Calculated over the trailing 6-month period	23.17%	41.26%	-18.09%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	51.24%	-22.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.99%	67.02%	-40.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.40%	66.22%	-38.82%

QTUM vs. TQQQ - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is lower than TQQQ's 0.95% expense ratio.

Dividends

QTUM vs. TQQQ - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.73%, more than TQQQ's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QTUM Defiance Quantum ETF	0.73%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%	0.00%	0.00%	0.00%
TQQQ ProShares UltraPro QQQ	0.41%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

Frequently Asked Questions

Can I hold both QTUM and TQQQ in my portfolio?

QTUM and TQQQ have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTUM or TQQQ?

TQQQ has higher volatility (22.79%) compared to QTUM (14.18%). In terms of maximum drawdown, QTUM dropped -38.45% vs TQQQ's -81.66%.

Which ETF is better, QTUM or TQQQ?

On 5-year performance, QTUM leads with 28.09% vs 24.34% for TQQQ. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 14.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTUM or TQQQ?

Over the 5-year period, QTUM has performed better with a 28.09% return vs 24.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTUM or TQQQ?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.95% for TQQQ.

Which ETF pays a higher dividend yield, QTUM or TQQQ?

QTUM has the higher dividend yield at 0.73%, compared with 0.41% for TQQQ.

What is the main difference between QTUM and TQQQ?

QTUM is categorized as Technology Equities, while TQQQ is Leveraged Equities. QTUM tracks BlueStar Machine Learning and Quantum Computing Index, while TQQQ tracks NASDAQ-100 Index (300%). They also come from different issuers: Defiance and ProShares. Their fees differ too: 0.40% for QTUM and 0.95% for TQQQ.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (2.94 vs 2.09), 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.