QBTZ vs YSPY

Comparison between Defiance Daily Target 2x Short QBTS ETF (QBTZ, ETF) and GRANITESHARES YIELDBOOST SPY ETF (YSPY, ETF).

QBTZ vs YSPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QBTZ(ETF)	YSPY(ETF)
Net Assets	$17M	$17M
Expense Ratio	N/A	1.15%
Max Drawdown	96.03%	42.76%
Sharpe Ratio	-0.19	0.95
5Y Beta	-8.65	0.89

Net Assets

QBTZ

$17M

Winner

YSPY

$17M

Expense Ratio

QBTZ

N/A

YSPY

1.15%

Max Drawdown

QBTZ

96.03%

Winner

YSPY

42.76%

Sharpe Ratio

QBTZ

-0.19

Winner

YSPY

0.95

5Y Beta

Winner

QBTZ

-8.65

YSPY

0.89

QBTZ vs YSPY - Historical Returns

Returns include dividend reinvestment.

Period	QBTZ	YSPY
1 month	-60.13%	-0.43%
3 months	-86.95%	+3.34%
6 months	-87.74%	+3.67%
1 year	N/A	+21.53%
Max(CAGR)	-97.46%	+9.63%

QBTZ

-60.13%

Winner

YSPY

-0.43%

QBTZ

-86.95%

Winner

YSPY

+3.34%

QBTZ

-87.74%

Winner

YSPY

+3.67%

QBTZ

N/A

YSPY

+21.53%

Max(CAGR)

QBTZ

-97.46%

Winner

YSPY

+9.63%

QBTZ vs YSPY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QBTZ	YSPY
2026	-80.54%	+3.17%
2025	-50.03%	+9.48%

QBTZ vs YSPY Drawdown Comparison

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

The maximum drawdown for YSPY was -18.56%, occurring on Apr 8, 2025. Recovery took 124 trading sessions.

The current QBTZ drawdown is -94.25%. The current YSPY drawdown is -2.92%.

Rank	QBTZ	YSPY
#1	-96.03% Nov 21, 2025 - May 29, 2026	-18.56% Feb 28, 2025 - Aug 27, 2025
#2	-56.22% Oct 10, 2025 - Oct 22, 2025	-14.50% Feb 11, 2026 - Mar 30, 2026
#3	-53.23% Oct 22, 2025 - Nov 17, 2025	-6.55% Nov 3, 2025 - Dec 11, 2025
#4	-5.58% Nov 17, 2025 - Nov 20, 2025	-6.36% Oct 8, 2025 - Oct 31, 2025
#5	-4.41% Oct 8, 2025 - Oct 10, 2025	-4.71% Feb 2, 2026 - Feb 6, 2026
#6	N/A	-4.69% Dec 26, 2025 - Jan 26, 2026
#7	N/A	-3.70% Dec 11, 2025 - Dec 19, 2025
#8	N/A	-2.04% Sep 22, 2025 - Sep 29, 2025
#9	N/A	-1.86% Feb 26, 2025 - Feb 28, 2025
#10	N/A	-1.63% Aug 28, 2025 - Sep 4, 2025
#11	N/A	-0.50% Oct 6, 2025 - Oct 8, 2025
#12	N/A	-0.19% Feb 9, 2026 - Feb 11, 2026
#13	N/A	-0.13% Sep 15, 2025 - Sep 18, 2025

Correlation

Correlation between QBTZ and YSPY is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101