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QBTZ vs FDAT

Defiance Daily Target 2X Short QBTS ETF vs Tactical Advantage ETF

QBTZ

Defiance Daily Target 2X Short QBTS ETF

Annual cost

1.29%

Fund size

$12M

FDAT

Tactical Advantage ETF

Annual cost

0.78%

Fund size

$35M

Key differences

  • FDAT costs 0.51% less per year.
  • FDAT is significantly larger than QBTZ — larger funds tend to be more liquid and less likely to close.
  • QBTZ is classified as equity, while FDAT is alternative — different risk/return profiles.
  • QBTZ follows a inverse strategy; FDAT uses tactical allocation.

Side-by-side comparison

QBTZFDAT
Annual cost (TER)1.29%0.78%
Fund size (AUM)$12M$35M
Since20252023
Dividend yield5.68%
Asset classequityalternative
Regionnorth americanorth america
Strategyinversetactical allocation
CAGR 1YN/A+12.6%
CAGR 3YN/A+9.1%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y9.89%
Max drawdown-96.03%-8.20%

Similar to QBTZ and FDAT