METD vs QBTZ

Comparison between DIREXION DAILY META BEAR 1X SHARES (METD, ETF) and Defiance Daily Target 2x Short QBTS ETF (QBTZ, ETF).

METD vs QBTZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	METD(ETF)	QBTZ(ETF)
Net Assets	$7.90M	$7.90M
Expense Ratio	1.02%	N/A
Max Drawdown	47.90%	96.03%
Sharpe Ratio	0.11	0.05
5Y Beta	-1.39	-8.50

Net Assets

METD

$7.90M

QBTZ

$7.90M

Expense Ratio

METD

1.02%

QBTZ

N/A

Max Drawdown

Winner

METD

47.90%

QBTZ

96.03%

Sharpe Ratio

Winner

METD

0.11

QBTZ

0.05

5Y Beta

METD

-1.39

Winner

QBTZ

-8.50

METD vs QBTZ - Historical Returns

Returns include dividend reinvestment.

Period	METD	QBTZ
1 month	-13.99%	+52.97%
3 months	+0.30%	-65.80%
6 months	-11.07%	-77.42%
1 year	+1.66%	N/A
Max(CAGR)	-17.35%	-94.44%

METD

-13.99%

Winner

QBTZ

+52.97%

Winner

METD

+0.30%

QBTZ

-65.80%

Winner

METD

-11.07%

QBTZ

-77.42%

METD

+1.66%

QBTZ

N/A

Max(CAGR)

Winner

METD

-17.35%

QBTZ

-94.44%

METD vs QBTZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	METD	QBTZ
2026	-5.60%	-75.70%
2025	-15.35%	-50.03%
2024	-15.81%	N/A

METD vs QBTZ Drawdown Comparison

The maximum drawdown for METD was -46.01%, occurring on Aug 12, 2025. This drawdown has not yet recovered.

The maximum drawdown for QBTZ was -96.03%, occurring on May 29, 2026. This drawdown has not yet recovered.

The current METD drawdown is -38.38%. The current QBTZ drawdown is -92.81%.

Rank	METD	QBTZ
#1	-46.01% Jul 25, 2024 - Aug 12, 2025	-96.03% Nov 21, 2025 - May 29, 2026
#2	-8.76% Jun 7, 2024 - Jul 16, 2024	-56.22% Oct 10, 2025 - Oct 22, 2025
#3	-5.40% Jul 17, 2024 - Jul 25, 2024	-53.23% Oct 22, 2025 - Nov 17, 2025
#4	N/A	-5.58% Nov 17, 2025 - Nov 20, 2025
#5	N/A	-4.41% Oct 8, 2025 - Oct 10, 2025