SMCZ vs QBF

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

SMCZ vs QBF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SMCZ

$13M

QBF

$13M

Expense Ratio

SMCZ

N/A

QBF

0.79%

Max Drawdown

SMCZ

97.46%

Winner

QBF

49.41%

Sharpe Ratio

Winner

SMCZ

-0.02

QBF

-2.13

5Y Beta

Winner

SMCZ

-4.62

QBF

0.70

SMCZ vs QBF - Historical Returns

Returns include dividend reinvestment.

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

SMCZ

-11.40%

Winner

QBF

+3.33%

SMCZ

-72.44%

Winner

QBF

-16.87%

SMCZ

-84.94%

Winner

QBF

-28.13%

SMCZ

-79.21%

Winner

QBF

-44.03%

Max(CAGR)

SMCZ

-90.56%

Winner

QBF

-27.77%

SMCZ vs QBF - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

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

SMCZ vs QBF Drawdown Comparison

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

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

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

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