QBF vs SMCZ

Comparison between Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF, ETF) and DEFIANCE DAILY TARGET 2X SHORT SMCI ETF (SMCZ, ETF).

QBF vs SMCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QBF(ETF)	SMCZ(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.79%	N/A
Max Drawdown	49.41%	97.46%
Sharpe Ratio	-2.13	-0.02
5Y Beta	0.70	-4.62

Net Assets

QBF

$13M

SMCZ

$13M

Expense Ratio

QBF

0.79%

SMCZ

N/A

Max Drawdown

Winner

QBF

49.41%

SMCZ

97.46%

Sharpe Ratio

QBF

-2.13

Winner

SMCZ

-0.02

5Y Beta

QBF

0.70

Winner

SMCZ

-4.62

QBF vs SMCZ - Historical Returns

Returns include dividend reinvestment.

Period	QBF	SMCZ
1 month	+3.33%	-11.40%
3 months	-16.87%	-72.44%
6 months	-28.13%	-84.94%
1 year	-44.03%	-79.21%
Max(CAGR)	-27.77%	-90.56%

Winner

QBF

+3.33%

SMCZ

-11.40%

Winner

QBF

-16.87%

SMCZ

-72.44%

Winner

QBF

-28.13%

SMCZ

-84.94%

Winner

QBF

-44.03%

SMCZ

-79.21%

Max(CAGR)

Winner

QBF

-27.77%

SMCZ

-90.56%

QBF vs SMCZ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QBF	SMCZ
2026	-28.56%	-86.79%
2025	-14.22%	-61.06%

QBF vs SMCZ Drawdown Comparison

The maximum drawdown for QBF was -48.71%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for SMCZ was -97.40%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current QBF drawdown is -45.80%. The current SMCZ drawdown is -96.60%.

Rank	QBF	SMCZ
#1	-48.71% Oct 6, 2025 - Jun 30, 2026	-97.40% Apr 4, 2025 - Jun 2, 2026
#2	-19.60% Feb 20, 2025 - May 13, 2025	-0.36% Apr 1, 2025 - Apr 3, 2025
#3	-9.72% Aug 13, 2025 - Oct 6, 2025	N/A
#4	-6.30% May 22, 2025 - Jul 9, 2025	N/A
#5	-5.09% Jul 14, 2025 - Aug 13, 2025	N/A
#6	-3.08% Feb 10, 2025 - Feb 20, 2025	N/A
#7	-1.09% May 13, 2025 - May 19, 2025	N/A
#8	-0.86% Feb 6, 2025 - Feb 10, 2025	N/A