VBR vs. QTUM

Last updated Jun 16, 2026

VBR (Vanguard Small-Cap Value ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - VBR is a Small Cap Value Equities fund tracking the CRSP US Small Cap Value Index, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. Over the past 5 years, VBR returned 8.62%/yr vs 29.16%/yr for QTUM. A 0.69 correlation means they provide meaningful diversification when combined. VBR charges 0.05%/yr vs 0.40%/yr for QTUM.

Performance

VBR vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Small-Cap Value ETF (VBR) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VBR achieves a 14.49% return, which is significantly lower than QTUM's 53.56% return.

VBR

• 1D: -0.09%
• 1M: 6.08%
• YTD: 14.49%
• 6M: 12.98%
• 1Y: 29.82%
• 3Y*: 16.12%
• 5Y*: 8.62%
• 10Y*: 10.95%

QTUM

• 1D: 4.18%
• 1M: 17.45%
• YTD: 53.56%
• 6M: 53.19%
• 1Y: 94.08%
• 3Y*: 50.50%
• 5Y*: 29.16%
• 10Y*: —

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

VBR vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VBR Vanguard Small-Cap Value ETF	14.49%	9.09%	12.40%	16.00%	-9.38%	28.08%	5.90%	22.78%	-18.63%
QTUM Defiance Quantum ETF	53.56%	36.65%	50.54%	39.86%	-28.80%	35.18%	42.05%	47.99%	-19.44%

Correlation

The correlation between VBR and QTUM is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Sep 5, 2018	0.69

The correlation between VBR and QTUM has been stable across timeframes, ranging from 0.60 to 0.69 - a consistent structural relationship.

VBR vs. QTUM - Sectors Allocation Comparison

Sectors	VBR	QTUM
Industrials	18.1%	8.7%
Financial Services	17.6%	0.0%
Consumer Cyclical	12.4%	0.7%
Technology	10.6%	83.6%
Real Estate	10.1%	-
Healthcare	7.9%	0.6%
Basic Materials	6.3%	-
Energy	5.2%	-
Utilities	4.8%	-
Consumer Defensive	4.0%	-
Communication Services	2.5%	4.8%

Return for Risk

VBR vs. QTUM — Risk / Return Rank

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

VBR

VBR Risk / Return Rank: 69
VBR Sharpe Ratio Rank: 67
VBR Sortino Ratio Rank: 70
VBR Omega Ratio Rank: 62
VBR Calmar Ratio Rank: 74
VBR Martin Ratio Rank: 72

QTUM

QTUM Risk / Return Rank: 92
QTUM Sharpe Ratio Rank: 95
QTUM Sortino Ratio Rank: 90
QTUM Omega Ratio Rank: 90
QTUM Calmar Ratio Rank: 94
QTUM Martin Ratio Rank: 93

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.

VBR vs. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Value ETF (VBR) and Defiance Quantum ETF (QTUM). 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.

	VBR	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	1.96	3.31	-1.35
Sortino ratio: Return per unit of downside risk	2.86	3.78	-0.93
Omega ratio: Gain probability vs. loss probability	1.34	1.51	-0.17
Calmar ratio: Return relative to maximum drawdown	3.38	6.20	-2.82
Martin ratio: Return relative to average drawdown	11.97	22.43	-10.46

VBR vs. QTUM - Sharpe Ratio Comparison

The current VBR Sharpe Ratio is 1.96, which is lower than the QTUM Sharpe Ratio of 3.31. The chart below compares the historical Sharpe Ratios of VBR and QTUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VBR vs. QTUM - Drawdown Comparison

The maximum VBR drawdown since its inception was -61.98%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for VBR and QTUM.

Drawdown Indicators

	VBR	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-61.98%	-38.45%	-23.53%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-15.26%	+6.41%
Max Drawdown (3Y) Largest decline over 3 years	-24.19%	-25.39%	+1.20%
Max Drawdown (5Y) Largest decline over 5 years	-24.19%	-38.45%	+14.26%
Max Drawdown (10Y) Largest decline over 10 years	-45.28%	—	—
Current Drawdown Current decline from peak	-0.09%	-0.42%	+0.33%
Average Drawdown Average peak-to-trough decline	-8.26%	-8.24%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	4.21%	-1.71%

Volatility

VBR vs. QTUM - Volatility Comparison

The current volatility for Vanguard Small-Cap Value ETF (VBR) is 4.43%, while Defiance Quantum ETF (QTUM) has a volatility of 14.65%. This indicates that VBR experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VBR	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	14.65%	-10.22%
Volatility (6M) Calculated over the trailing 6-month period	10.61%	23.48%	-12.87%
Volatility (1Y) Calculated over the trailing 1-year period	15.31%	28.64%	-13.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.79%	27.06%	-7.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.75%	27.43%	-5.68%

VBR vs. QTUM - Expense Ratio Comparison

VBR has a 0.05% expense ratio, which is lower than QTUM's 0.40% expense ratio.

Dividends

VBR vs. QTUM - Dividend Comparison

VBR's dividend yield for the trailing twelve months is around 1.72%, more than QTUM's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QTUM Defiance Quantum ETF	0.70%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%	0.00%	0.00%	0.00%
VBR Vanguard Small-Cap Value ETF	1.72%	1.95%	1.98%	2.12%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%

Frequently Asked Questions

Can I hold both VBR and QTUM in my portfolio?

VBR and QTUM have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VBR or QTUM?

QTUM has higher volatility (14.65%) compared to VBR (4.43%). In terms of maximum drawdown, VBR dropped -61.98% vs QTUM's -38.45%.

Which ETF is better, VBR or QTUM?

On 5-year performance, QTUM leads with 29.16% vs 8.62% for VBR. On fees, VBR is cheaper at 0.05% per year. On volatility, VBR has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VBR or QTUM?

Over the 5-year period, QTUM has performed better with a 29.16% return vs 8.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VBR or QTUM?

VBR is cheaper with a 0.05% expense ratio, compared with 0.40% for QTUM.

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

VBR has the higher dividend yield at 1.72%, compared with 0.70% for QTUM.

What is the main difference between VBR and QTUM?

VBR is categorized as Small Cap Value Equities, while QTUM is Technology Equities. VBR tracks CRSP US Small Cap Value Index, while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: Vanguard and Defiance. Their fees differ too: 0.05% for VBR and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (3.31 vs 1.96), 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.