TPRY vs. QUSA

Last updated Jun 4, 2026

TPRY (VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF) and QUSA (VistaShares Target 15™ USA Quality Income ETF) are both Derivative Income funds from VistaShares. TPRY is passively managed, while QUSA is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.95% expense ratio.

Performance

TPRY vs. QUSA - Performance Comparison

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

Returns By Period

TPRY

• 1D: -0.19%
• 1M: 4.41%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUSA

• 1D: 0.03%
• 1M: 4.45%
• YTD: 9.83%
• 6M: 9.97%
• 1Y: 3.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TPRY vs. QUSA - Yearly Performance Comparison

	2026 (YTD)
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	8.01%
QUSA VistaShares Target 15™ USA Quality Income ETF	7.03%

Correlation

The correlation between TPRY and QUSA is 0.81, 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 Feb 27, 2026	0.81

Return for Risk

TPRY vs. QUSA — 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: 14
QUSA Sortino Ratio Rank: 14
QUSA Omega Ratio Rank: 13
QUSA Calmar Ratio Rank: 14
QUSA Martin Ratio Rank: 13

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.

TPRY vs. QUSA - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	TPRY	QUSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.57	+0.86

Drawdowns

TPRY vs. QUSA - Drawdown Comparison

The maximum TPRY drawdown since its inception was -10.85%, roughly equal to the maximum QUSA drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for TPRY and QUSA.

Drawdown Indicators

	TPRY	QUSA	Difference
Max Drawdown Largest peak-to-trough decline	-10.85%	-10.64%	-0.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.12%	—
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-3.13%	-3.85%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.25%	—

Volatility

Volatility by Period

	TPRY	QUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.60%	10.35%	+13.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.60%	10.35%	+13.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	10.35%	+13.25%

TPRY vs. QUSA - Expense Ratio Comparison

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

Dividends

TPRY vs. QUSA - Dividend Comparison

TPRY's dividend yield for the trailing twelve months is around 3.54%, less than QUSA's 12.47% yield.

Position	TTM	2025
QUSA VistaShares Target 15™ USA Quality Income ETF	12.47%	6.61%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	3.54%	0.00%

Frequently Asked Questions

Can I hold both TPRY and QUSA in my portfolio?

TPRY and QUSA have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPRY or QUSA?

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, TPRY or QUSA?

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

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

QUSA has the higher dividend yield at 12.47%, compared with 3.54% for TPRY.