IVV vs QBTZ
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Short QBTS ETF
Which is better, IVV or QBTZ?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.58, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | QBTZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 2.31% |
| AUM | $896.5B | $5M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 7 |
| YTD Return | +13.59%Best | -75.36% |
| 1Y Return | +17.54%Best | -80.95% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 13.2%Best | 189.6% |
| Max Drawdown | -8.9%Best | -96.6% |
| $10,000 over 1 years | $11,601Best | $1,091 |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Debt |
| Inception | May 15, 2000 | Oct 6, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 7, 2025 to Oct 14, 2026 (1 years).
IVV vs QBTZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs QBTZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Short QBTS ETF (QBTZ) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +17.54% while QBTZ returned -80.95%. Year to date, IVV is up 13.59% versus a loss of 75.36% for QBTZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QBTZ has been the more volatile fund, with annualized monthly volatility of 189.6% compared with 13.2% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.9% for IVV and -96.6% for QBTZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.58. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while QBTZ charges 2.31%. On a $10,000 position that is $3 vs $231 annually, a gap of $228 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for QBTZ.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 1 in QBTZ, totalling 99.9% and 0.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 1 in QBTZ, against full books of 508 and 7.
You are not choosing between two funds in isolation.
Whichever of IVV and QBTZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or QBTZ?
IVV has an expense ratio of 0.03% while QBTZ charges 2.31%. IVV is the cheaper option, by $228 a year on a $10,000 investment.
Which performed better, IVV or QBTZ?
Over the past year IVV returned +17.54% vs -80.95% for QBTZ, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +16.01% vs -89.09% for QBTZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QBTZ?
QBTZ has been the more volatile fund at 189.6% annualized versus 13.2% for IVV. Worst drawdown: IVV -8.9% vs QBTZ -96.6%.
Should I hold both IVV and QBTZ?
IVV and QBTZ have a monthly-return correlation of -0.58, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or QBTZ?
IVV yields 1.10% while QBTZ yields 0.00%, so IVV currently pays the higher dividend yield.
Is QBTZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.58, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.