QLDY vs AMZZ
Comparison between DEFIANCE NASDAQ 100 LIGHTNINGSPREAD(TM) INCOME ETF (QLDY, ETF) and GRANITESHARES 2X LONG AMZN DAILY ETF (AMZZ, ETF).
QLDY vs AMZZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
QLDY
$49M
AMZZ
$49M
Expense Ratio
QLDY
1.04%
AMZZ
N/A
Max Drawdown
Winner
QLDY
27.93%
AMZZ
55.28%
Sharpe Ratio
QLDY
0.37
Winner
AMZZ
0.39
5Y Beta
Winner
QLDY
1.56
AMZZ
2.69
QLDY vs AMZZ - Historical Returns
Returns include dividend reinvestment.
1M
QLDY
+1.81%
Winner
AMZZ
+22.51%
3M
Winner
QLDY
-7.58%
AMZZ
-8.95%
6M
QLDY
+10.14%
Winner
AMZZ
+38.99%
1Y
Winner
QLDY
+9.26%
AMZZ
+8.88%
Max(CAGR)
QLDY
+9.95%
Winner
AMZZ
+15.46%
QLDY vs AMZZ - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | QLDY | AMZZ |
|---|---|---|
| 2026 | +8.35% | +17.09% |
| 2025 | +1.48% | -9.54% |
| 2024 | N/A | +38.36% |
QLDY vs AMZZ Drawdown Comparison
The maximum drawdown for QLDY was -17.44%, occurring on Mar 30, 2026. Recovery took 121 trading sessions.
The maximum drawdown for AMZZ was -55.28%, occurring on Apr 21, 2025. Recovery took 313 trading sessions.
The current QLDY drawdown is -9.64%. The current AMZZ drawdown is -16.13%.
| Rank | QLDY | AMZZ |
|---|---|---|
| #1 | -17.44% Oct 29, 2025 - Apr 24, 2026 | -55.28% Feb 4, 2025 - May 5, 2026 |
| #2 | -14.74% Jun 2, 2026 - Jul 29, 2026 | -37.35% Jul 2, 2024 - Nov 7, 2024 |
| #3 | -3.79% Oct 9, 2025 - Oct 24, 2025 | -34.68% May 6, 2026 - Aug 3, 2026 |
| #4 | -3.39% May 14, 2026 - May 26, 2026 | -17.87% Aug 3, 2026 - Aug 21, 2026 |
| #5 | -1.91% Sep 22, 2025 - Oct 1, 2025 | -16.19% Apr 11, 2024 - Jun 26, 2024 |
| #6 | -1.04% Apr 27, 2026 - Apr 30, 2026 | -15.73% Nov 13, 2024 - Dec 4, 2024 |
| #7 | -0.85% May 11, 2026 - May 13, 2026 | -13.45% Dec 16, 2024 - Jan 22, 2025 |
| #8 | -0.55% Oct 2, 2025 - Oct 8, 2025 | -5.10% Jun 27, 2024 - Jul 2, 2024 |
| #9 | -0.25% May 1, 2026 - May 5, 2026 | -3.20% Nov 7, 2024 - Nov 13, 2024 |
| #10 | -0.02% May 6, 2026 - May 8, 2026 | -3.07% Jan 28, 2025 - Feb 4, 2025 |
| #11 | N/A | -2.45% Dec 11, 2024 - Dec 16, 2024 |
| #12 | N/A | -2.17% Apr 3, 2024 - Apr 5, 2024 |
| #13 | N/A | -1.79% Dec 6, 2024 - Dec 11, 2024 |
| #14 | N/A | -1.70% Mar 25, 2024 - Mar 27, 2024 |
| #15 | N/A | -0.53% Jan 23, 2025 - Jan 28, 2025 |
Correlation
Correlation between QLDY and AMZZ is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
0.71
-101
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