Tradr 2X Long QBTS Daily ETF Tradr 2X Long… (QUBX) Performance

Cboe BZX: QUBXTotal returns, calendar years, drawdowns and risk since 2025.

QUBX total return

Distributions reinvested · as of Oct 23, 2026
YTD
−81.5%
since Dec 31, 2025
1 year
−94.1%
total return
Since first price
−96.8%
since 2025

QUBX trailing returns vs SPY, QQQ, AGG

QUBX trailing returns
PeriodQUBX total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−51.0%−51.0%−1.0%−5.0%+0.9%
3 months−40.9%−40.9%+3.2%+1.9%−0.4%
6 months−67.4%−67.4%+7.8%+8.4%−1.5%
YTD−81.5%−81.5%+12.3%+15.1%−1.0%
1 year−94.1%−94.1%+14.4%+15.9%−1.1%
Since inceptionJun 24, 2025−96.8%−96.8%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: QUBX vs SPY

QUBXS&P 500 (SPY)

From Jun 24, 2025: QUBX grew to $323, SPY to $12,695.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

QUBX returns by calendar year

QUBXSPY

2026 is year to date.

QUBX annual returns table

QUBX calendar-year returns
YearQUBXLargest dropSPYQQQAGG
2026YTD−81.5%−88.0%+12.3%+15.1%−1.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

QUBX largest drawdowns

Now 97.8% below the high
QUBX largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Oct 3, 2025−97.9%Oct 14, 2026not yet1.0 years1.1 years so far
Jul 3, 2025−58.5%Sep 3, 2025Oct 3, 20252 months3 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

QUBX risk statistics

QUBX risk statistics
StatisticSince 2025
Annualized return−91.2%
Volatility (annualized)123.6%
Sharpe ratio-1.23
Sortino ratio-1.48
Best month+61.2%
Worst month−56.3%
Best 12 months−91.4%
Worst 12 months−93.3%
Positive months33%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

QUBX rolling returns

QUBX rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year5−94.4%−92.6%−91.4%0%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

QUBX performance overview

Tradr 2X Long QBTS Daily ETF Tradr 2X Long… (QUBX) returned −94.1% over the past year, with distributions reinvested. Since its first recorded price on Jun 24, 2025 it has returned −96.8%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −97.9%, from Oct 3, 2025 to Oct 14, 2026; the fund has not yet regained that high. Volatility has been 123.6% a year.

Related: QUBX chart. See the QUBX overview for the latest quote and fund facts.

QUBX performance FAQ

What is the QUBX return over the past year?

QUBX returned −94.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 94.1%.

How much would $10,000 invested in QUBX be worth?

$10,000 invested in QUBX at its first recorded close on June 24, 2025 would be worth about $323 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of QUBX?

The largest peak-to-trough decline was −97.9% between October 3, 2025 and October 14, 2026. It has not yet recovered to that high; it is 97.8% below its peak.

How volatile is QUBX?

Over the past history QUBX had an annualized volatility of 123.6% and a Sharpe ratio of -1.23 (excess return over 1–3 month T-bills per unit of risk).