QUBX vs. QQQP
QUBX (Tradr 2X Long QUBT Daily ETF) and QQQP (Tradr 2X Long Triple Q Quarterly ETF) are both Leveraged Equities funds from Tradr. Over the past year, QUBX returned -91.08% vs 55.28% for QQQP. At a 0.43 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.
Performance
QUBX vs. QQQP - Performance Comparison
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Returns By Period
In the year-to-date period, QUBX achieves a -48.88% return, which is significantly lower than QQQP's 25.19% return.
QUBX
- 1D
- -14.85%
- 1M
- -44.16%
- YTD
- -48.88%
- 6M
- -59.20%
- 1Y
- -91.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQP
- 1D
- -1.15%
- 1M
- -2.16%
- YTD
- 25.19%
- 6M
- 21.20%
- 1Y
- 55.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUBX vs. QQQP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QUBX Tradr 2X Long QUBT Daily ETF | -48.88% | -83.01% |
QQQP Tradr 2X Long Triple Q Quarterly ETF | 25.19% | 27.41% |
Correlation
The correlation between QUBX and QQQP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025 | 0.43 |
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Return for Risk
QUBX vs. QQQP — Risk / Return Rank
QUBX
QQQP
QUBX vs. QQQP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long QUBT Daily ETF (QUBX) and Tradr 2X Long Triple Q Quarterly ETF (QQQP). 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.
| QUBX | QQQP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.27 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.19 | -3.14 |
| Martin ratioReturn relative to average drawdown | -1.20 | 7.84 | -9.04 |
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Drawdowns
QUBX vs. QQQP - Drawdown Comparison
The maximum QUBX drawdown since its inception was -96.40%, which is greater than QQQP's maximum drawdown of -42.50%. Use the drawdown chart below to compare losses from any high point for QUBX and QQQP.
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Drawdown Indicators
| QUBX | QQQP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.40% | -42.50% | -53.90% |
Max Drawdown (1Y)Largest decline over 1 year | -96.40% | -25.35% | -71.05% |
Current DrawdownCurrent decline from peak | -93.79% | -8.17% | -85.62% |
Average DrawdownAverage peak-to-trough decline | -70.76% | -7.27% | -63.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 75.78% | 7.07% | +68.71% |
Volatility
QUBX vs. QQQP - Volatility Comparison
Tradr 2X Long QUBT Daily ETF (QUBX) has a higher volatility of 57.66% compared to Tradr 2X Long Triple Q Quarterly ETF (QQQP) at 15.57%. This indicates that QUBX's price experiences larger fluctuations and is considered to be riskier than QQQP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QUBX | QQQP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 57.66% | 15.57% | +42.09% |
Volatility (6M)Calculated over the trailing 6-month period | 133.93% | 27.51% | +106.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 200.88% | 34.60% | +166.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 200.88% | 44.38% | +156.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 200.88% | 44.38% | +156.50% |
QUBX vs. QQQP - Expense Ratio Comparison
Both QUBX and QQQP have an expense ratio of 1.30%.
Dividends
QUBX vs. QQQP - Dividend Comparison
Neither QUBX nor QQQP has paid dividends to shareholders.
Frequently Asked Questions
QUBX and QQQP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUBX has higher volatility (57.66%) compared to QQQP (15.57%). In terms of maximum drawdown, QUBX dropped -96.40% vs QQQP's -42.50%.
On 1-year performance, QQQP leads with 55.28% vs -91.08% for QUBX. Both ETFs have the same 1.30% expense ratio. On volatility, QQQP has been the lower-risk option at 15.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QQQP has performed better with a 55.28% return vs -91.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QUBX and QQQP have the same expense ratio: 1.30% per year.
QUBX and QQQP have nearly identical dividend yields, around 0.00%.
QQQP currently has the higher Sharpe Ratio (1.61 vs -0.45), 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.
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