QTUM vs. UFO

Last updated Jun 9, 2026

QTUM (Defiance Quantum ETF) and UFO (Procure Space ETF) are both exchange-traded funds - QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while UFO is a Global Equities fund tracking the S-Network Space Index. Both are passively managed. Over the past 5 years, QTUM returned 27.81%/yr vs 14.39%/yr for UFO. A 0.68 correlation means they provide meaningful diversification when combined. QTUM charges 0.40%/yr vs 0.75%/yr for UFO.

Performance

QTUM vs. UFO - Performance Comparison

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

Returns By Period

In the year-to-date period, QTUM achieves a 44.14% return, which is significantly higher than UFO's 41.91% return.

QTUM

• 1D: 3.25%
• 1M: 8.85%
• YTD: 44.14%
• 6M: 39.20%
• 1Y: 80.80%
• 3Y*: 48.48%
• 5Y*: 27.81%
• 10Y*: —

UFO

• 1D: 0.26%
• 1M: 0.64%
• YTD: 41.91%
• 6M: 52.56%
• 1Y: 114.48%
• 3Y*: 44.01%
• 5Y*: 14.39%
• 10Y*: —

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

QTUM vs. UFO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QTUM Defiance Quantum ETF	44.14%	36.65%	50.54%	39.86%	-28.80%	35.18%	42.05%	19.84%
UFO Procure Space ETF	41.91%	67.36%	27.22%	-2.34%	-25.85%	7.17%	-2.15%	5.34%

Correlation

The correlation between QTUM and UFO 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 (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.68

The correlation between QTUM and UFO has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.

QTUM vs. UFO - Sectors Allocation Comparison

Sectors	QTUM	UFO
Technology	85.1%	22.0%
Industrials	8.7%	47.2%
Communication Services	4.9%	30.8%
Consumer Cyclical	0.7%	-
Healthcare	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

QTUM vs. UFO — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 89
QTUM Sharpe Ratio Rank: 92
QTUM Sortino Ratio Rank: 84
QTUM Omega Ratio Rank: 85
QTUM Calmar Ratio Rank: 91
QTUM Martin Ratio Rank: 91

UFO

UFO Risk / Return Rank: 86
UFO Sharpe Ratio Rank: 92
UFO Sortino Ratio Rank: 84
UFO Omega Ratio Rank: 77
UFO Calmar Ratio Rank: 91
UFO Martin Ratio Rank: 86

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. UFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and Procure Space ETF (UFO). 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	UFO	Difference
Sharpe ratio: Return per unit of total volatility	2.94	2.96	-0.02
Sortino ratio: Return per unit of downside risk	3.42	3.38	+0.04
Omega ratio: Gain probability vs. loss probability	1.47	1.41	+0.05
Calmar ratio: Return relative to maximum drawdown	5.32	5.24	+0.08
Martin ratio: Return relative to average drawdown	19.76	16.46	+3.30
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. UFO - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 2.94, which is comparable to the UFO Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of QTUM and UFO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QTUM	UFO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	2.96	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	0.48	+0.56
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.43	+0.60

Drawdowns

QTUM vs. UFO - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum UFO drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for QTUM and UFO.

Drawdown Indicators

	QTUM	UFO	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-50.33%	+11.88%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-21.95%	+6.69%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-25.91%	+0.52%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-50.33%	+11.88%
Current Drawdown Current decline from peak	-6.53%	-19.11%	+12.58%
Average Drawdown Average peak-to-trough decline	-8.25%	-21.81%	+13.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	6.98%	-2.88%

Volatility

QTUM vs. UFO - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 13.41%, while Procure Space ETF (UFO) has a volatility of 18.21%. This indicates that QTUM experiences smaller price fluctuations and is considered to be less risky than UFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM	UFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.41%	18.21%	-4.80%
Volatility (6M) Calculated over the trailing 6-month period	22.31%	32.15%	-9.84%
Volatility (1Y) Calculated over the trailing 1-year period	27.73%	39.01%	-11.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.85%	30.14%	-3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.34%	30.89%	-3.55%

QTUM vs. UFO - Expense Ratio Comparison

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

Dividends

QTUM vs. UFO - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.74%, more than UFO's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	0.74%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%
UFO Procure Space ETF	0.30%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%	0.00%

Frequently Asked Questions

Can I hold both QTUM and UFO in my portfolio?

QTUM and UFO 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 is riskier, QTUM or UFO?

UFO has higher volatility (18.21%) compared to QTUM (13.41%). In terms of maximum drawdown, QTUM dropped -38.45% vs UFO's -50.33%.

Which ETF is better, QTUM or UFO?

On 5-year performance, QTUM leads with 27.81% vs 14.39% for UFO. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 13.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTUM or UFO?

Over the 5-year period, QTUM has performed better with a 27.81% return vs 14.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTUM or UFO?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.75% for UFO.

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

QTUM has the higher dividend yield at 0.74%, compared with 0.30% for UFO.

What is the main difference between QTUM and UFO?

QTUM is categorized as Technology Equities, while UFO is Global Equities. QTUM tracks BlueStar Machine Learning and Quantum Computing Index, while UFO tracks S-Network Space Index. They also come from different issuers: Defiance and ProcureAM. Their fees differ too: 0.40% for QTUM and 0.75% for UFO.

Which has better risk-adjusted returns?

UFO currently has the higher Sharpe Ratio (2.96 vs 2.94), 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.