QLDY vs UXRP

Comparison between DEFIANCE NASDAQ 100 LIGHTNINGSPREAD(TM) INCOME ETF (QLDY, ETF) and ProShares Ultra XRP ETF (UXRP, ETF).

QLDY vs UXRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QLDY(ETF)	UXRP(ETF)
Net Assets	$39M	$39M
Expense Ratio	1.04%	N/A
Max Drawdown	27.93%	96.02%
Sharpe Ratio	0.88	-1.32
5Y Beta	1.48	5.46

Net Assets

QLDY

$39M

UXRP

$39M

Expense Ratio

QLDY

1.04%

UXRP

N/A

Max Drawdown

Winner

QLDY

27.93%

UXRP

96.02%

Sharpe Ratio

Winner

QLDY

0.88

UXRP

-1.32

5Y Beta

Winner

QLDY

1.48

UXRP

5.46

QLDY vs UXRP - Historical Returns

Returns include dividend reinvestment.

Period	QLDY	UXRP
1 month	+3.79%	-24.55%
3 months	+24.41%	-38.41%
6 months	+17.74%	-69.27%
1 year	N/A	-92.08%
Max(CAGR)	+26.66%	-93.70%

Winner

QLDY

+3.79%

UXRP

-24.55%

Winner

QLDY

+24.41%

UXRP

-38.41%

Winner

QLDY

+17.74%

UXRP

-69.27%

QLDY

N/A

UXRP

-92.08%

Max(CAGR)

Winner

QLDY

+26.66%

UXRP

-93.70%

QLDY vs UXRP - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QLDY	UXRP
2026	+18.09%	-71.37%
2025	+1.48%	-76.25%

QLDY vs UXRP Drawdown Comparison

The maximum drawdown for QLDY was -17.44%, occurring on Mar 30, 2026. Recovery took 121 trading sessions.

The maximum drawdown for UXRP was -96.02%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current QLDY drawdown is -1.51%. The current UXRP drawdown is -94.71%.

Rank	QLDY	UXRP
#1	-17.44% Oct 29, 2025 - Apr 24, 2026	-96.02% Jul 21, 2025 - Jun 10, 2026
#2	-7.85% Jun 2, 2026 - Jun 10, 2026	N/A
#3	-3.79% Oct 9, 2025 - Oct 24, 2025	N/A
#4	-3.39% May 14, 2026 - May 26, 2026	N/A
#5	-1.91% Sep 22, 2025 - Oct 1, 2025	N/A
#6	-1.04% Apr 27, 2026 - Apr 30, 2026	N/A
#7	-0.85% May 11, 2026 - May 13, 2026	N/A
#8	-0.55% Oct 2, 2025 - Oct 8, 2025	N/A
#9	-0.25% May 1, 2026 - May 5, 2026	N/A
#10	-0.02% May 6, 2026 - May 8, 2026	N/A