RGTZ vs. QBTZ

Last updated Jun 24, 2026

RGTZ (Defiance Daily Target 2X Short RGTI ETF) and QBTZ (Defiance Daily Target 2X Short QBTS ETF) are both Inverse Equities funds from Defiance ETFs. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 1.29% expense ratio.

Performance

RGTZ vs. QBTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Short RGTI ETF (RGTZ) and Defiance Daily Target 2X Short QBTS ETF (QBTZ). 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 RGTZ having a -85.18% return and QBTZ slightly lower at -87.12%.

RGTZ

• 1D: 1.25%
• 1M: 16.13%
• YTD: -85.18%
• 6M: -81.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QBTZ

• 1D: -4.65%
• 1M: 5.13%
• YTD: -87.12%
• 6M: -84.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGTZ vs. QBTZ - Yearly Performance Comparison

	2026 (YTD)	2025
RGTZ Defiance Daily Target 2X Short RGTI ETF	-85.18%	7.21%
QBTZ Defiance Daily Target 2X Short QBTS ETF	-87.12%	-53.95%

Correlation

The correlation between RGTZ and QBTZ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.92

Return for Risk

RGTZ vs. QBTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short RGTI ETF (RGTZ) and Defiance Daily Target 2X Short QBTS ETF (QBTZ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

RGTZ vs. QBTZ - Drawdown Comparison

The maximum RGTZ drawdown since its inception was -92.92%, roughly equal to the maximum QBTZ drawdown of -96.03%. Use the drawdown chart below to compare losses from any high point for RGTZ and QBTZ.

Drawdown Indicators

	RGTZ	QBTZ	Difference
Max Drawdown Largest peak-to-trough decline	-92.92%	-96.03%	+3.11%
Current Drawdown Current decline from peak	-91.04%	-95.52%	+4.48%
Average Drawdown Average peak-to-trough decline	-44.54%	-58.19%	+13.65%

Volatility

Volatility by Period

	RGTZ	QBTZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	218.33%	234.15%	-15.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	218.33%	234.15%	-15.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	218.33%	234.15%	-15.82%

RGTZ vs. QBTZ - Expense Ratio Comparison

Both RGTZ and QBTZ have an expense ratio of 1.29%.

Dividends

RGTZ vs. QBTZ - Dividend Comparison

Neither RGTZ nor QBTZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RGTZ and QBTZ in my portfolio?

With a correlation of 0.92, RGTZ and QBTZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RGTZ or QBTZ?

Both ETFs have the same 1.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RGTZ or QBTZ?

RGTZ and QBTZ have the same expense ratio: 1.29% per year.

Which ETF pays a higher dividend yield, RGTZ or QBTZ?

RGTZ and QBTZ have nearly identical dividend yields, around 0.00%.