QUSA vs. DRKY

Last updated Jun 5, 2026

QUSA (VistaShares Target 15™ USA Quality Income ETF) and DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) are both Derivative Income funds from VistaShares. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. Both charge a 0.95% expense ratio.

Performance

QUSA vs. DRKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ USA Quality Income ETF (QUSA) and VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QUSA achieves a 10.15% return, which is significantly higher than DRKY's -0.26% return.

QUSA

• 1D: 0.29%
• 1M: 3.95%
• YTD: 10.15%
• 6M: 10.63%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRKY

• 1D: 1.20%
• 1M: -0.89%
• YTD: -0.26%
• 6M: -1.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QUSA vs. DRKY - Yearly Performance Comparison

	2026 (YTD)	2025
QUSA VistaShares Target 15™ USA Quality Income ETF	10.15%	-3.82%
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	-0.26%	11.61%

Correlation

The correlation between QUSA and DRKY is 0.55, 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 Oct 9, 2025	0.55

Return for Risk

QUSA vs. DRKY — Risk / Return Rank

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

QUSA

QUSA Risk / Return Rank: 14
QUSA Sharpe Ratio Rank: 16
QUSA Sortino Ratio Rank: 15
QUSA Omega Ratio Rank: 15
QUSA Calmar Ratio Rank: 14
QUSA Martin Ratio Rank: 14

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.

QUSA vs. DRKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ USA Quality Income ETF (QUSA) and VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY). 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.

	QUSA	DRKY	Difference
Sharpe ratio: Return per unit of total volatility	0.39	—	—
Sortino ratio: Return per unit of downside risk	0.64	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.40	—	—
Martin ratio: Return relative to average drawdown	0.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QUSA	DRKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.86	-0.26

Drawdowns

QUSA vs. DRKY - Drawdown Comparison

The maximum QUSA drawdown since its inception was -10.64%, smaller than the maximum DRKY drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for QUSA and DRKY.

Drawdown Indicators

	QUSA	DRKY	Difference
Max Drawdown Largest peak-to-trough decline	-10.64%	-15.68%	+5.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.12%	—	—
Current Drawdown Current decline from peak	0.00%	-3.78%	+3.78%
Average Drawdown Average peak-to-trough decline	-3.84%	-4.50%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	—	—

Volatility

Volatility by Period

	QUSA	DRKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	20.92%	-10.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.33%	20.92%	-10.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.33%	20.92%	-10.59%

QUSA vs. DRKY - Expense Ratio Comparison

Both QUSA and DRKY have an expense ratio of 0.95%.

Dividends

QUSA vs. DRKY - Dividend Comparison

QUSA's dividend yield for the trailing twelve months is around 12.43%, more than DRKY's 10.21% yield.

Position	TTM	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	10.21%	3.66%
QUSA VistaShares Target 15™ USA Quality Income ETF	12.43%	6.61%

Frequently Asked Questions

Can I hold both QUSA and DRKY in my portfolio?

QUSA and DRKY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QUSA or DRKY?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QUSA or DRKY?

QUSA and DRKY have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, QUSA or DRKY?

QUSA has the higher dividend yield at 12.43%, compared with 10.21% for DRKY.