QBTZ vs SPY
Defiance Daily Target 2X Short QBTS ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QBTZ or SPY?
Trading-Inverse Debt against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y.
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 | QBTZ | SPY |
|---|---|---|
| Expense Ratio | 1.29% | 0.09%Best |
| AUM | $2M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 16 | 505 |
| YTD Return | -28.49% | +12.47%Best |
| 1Y Return | -69.62% | +17.51%Best |
| 3Y Return (annualized) | - | +21.18% |
| 5Y Return (annualized) | - | +12.88% |
| Fund Family | Defiance ETFs, LLC | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Inverse Debt | Large Cap Blend |
| Inception | Oct 6, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
QBTZ vs SPY 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.
QBTZ vs SPY Performance
Defiance Daily Target 2X Short QBTS ETF (QBTZ) is an ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QBTZ returned -69.62% while SPY returned +17.51%. Year to date, QBTZ is down 28.49% versus a gain of 12.47% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
QBTZ charges 1.29% per year while SPY charges 0.09%. On a $10,000 position that is $129 vs $9 annually, a gap of $120 per year that compounds over a long holding period. On income, QBTZ currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in QBTZ and 504 in SPY, totalling 10.6% and 100.0% 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 1 positions we hold weights for in QBTZ and 504 in SPY, against full books of 16 and 505.
You are not choosing between two funds in isolation.
Whichever of QBTZ and SPY 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, QBTZ or SPY?
QBTZ has an expense ratio of 1.29% while SPY charges 0.09%. SPY is the cheaper option, by $120 a year on a $10,000 investment.
Which performed better, QBTZ or SPY?
Over the past year QBTZ returned -69.62% vs +17.51% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, QBTZ or SPY?
QBTZ yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than QBTZ?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.