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COTG vs QSU

Leverage Shares 2X Long COST Daily ETF

COTGANasdaq

Daily Target 2X Long QS ETF

QSUDNYSE Arca

Overlap

Expense ratio

COTG −0.55pt a year

COTG0.77%QSU1.32%

Avg volume · 30D

COTG 1.01×the volume

COTG97.2KQSU95.8K

COTG vs QSU Performance

Nov 7, 2025 – Nov 9, 2026

+16.3%COTG−96.9%QSU

Nov 7, 2025 to Nov 9, 2026. COTG +16.3%. QSU −96.9%. Use the arrow keys to read each point.−75%−50%−25%0%Nov 2025May 2026Nov 2026
Expense ratio
COTG 0.77%, better
QSU 1.32%
Fund size
COTG $9M
QSU $5M
1Y total return
COTG +16.3%, better
QSU −96.9%
Holdings
COTG 4
QSU 9
Avg volume (30D)
COTG 97.2K sh, better
QSU 95.8K sh
NAV per share
COTG $15.32
QSU $3.13
52W range

ETF.net Grade

COTG: Cost 61, Risk 86, Mission 95, Tradability 77, Holdings not scored, Durability 56. QSU: Cost 26, Risk 20, Mission 89, Tradability 40, Holdings not scored, Durability 59.
Pillar letters and Scores for COTG, QSU, with each pillar’s weight
PillarCOTGQSU
Cost30% weightB61HigherD26
Mission25% weightA95HigherA89
Risk15% weightA86HigherF20
Tradability15% weightA77HigherC40
Holdings10% weightNot scoredNot scored
Durability5% weightB56B59Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COTG and QSU are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

COTG ranks 3rd and QSU 284th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 284DOKLLDaily Target 2X Long OKLO ETFScore 30
  6. Rank 284DQSUDaily Target 2X Long QS ETFScore 30
  7. Rank 284DRIOXDaily Target 2X Long RIOT ETFScore 30

Our read on each fund

ETF.net Research

COTGALeverage Shares 2X Long COST Daily ETF

QSUDDaily Target 2X Long QS ETF

In short

COTG Most single-stock leverage chases chips and crypto. COTG points it at a warehouse club, aiming to deliver 200% of Costco's daily move before fees, and resetting the clock every session.

QSU The first 2x ETF on QuantumScape. QSU aims to deliver 200% of QS's daily move, resets every session, and charges 1.32% a year with no fee waiver.

Stated mandate

COTG The fund seeks daily investment results equal to 200% of the daily performance of Costco Wholesale Corporation stock, before fees and expenses.

QSU The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in QuantumScape Corporation's share price. It is designed for a single trading day rather than longer holding periods.

Why people hold it

  • COTG A plain mandate, plainly stated: 200% of Costco's daily move, before fees and expenses. No index to second-guess, no stock-picking layered on top.leverageshares.com
  • Costs less than the typical fund in the 2x single-stock crowd, and there's no temporary waiver holding that number down.
  • It has tracked its 2x daily target closely since its 2025 launch, putting it among the stronger implementations in a crowded peer group.
  • QSU Defiance got there first: QSU launched in 2025 as the debut 2x long vehicle on QuantumScape, the solid-state battery developer.nasdaq.com
  • The daily math is the entire job, and QSU has hit its stated 200% target closely.
  • It is a registered 1940 Act fund, so the position is sized in shares: no margin account, no option expiry, no loss beyond what you put in.defianceetfs.com

Worth knowing

  • COTG Daily reset. Hold past one session and compounding takes over, so multi-week results can drift well away from 2x Costco. The issuer frames it as a tactical, often single-day tool.leverageshares.com
  • One stock, doubled. A single earnings print lands twice as hard on the day, with no second holding to cushion it.
  • Not one of the category's most heavily traded names, so the spread and the order type are worth a look.
  • QSU The leverage resets daily. Hold longer and results compound, so a choppy stretch in QS can leave the fund well off 2x the stock's move for the period.
  • At 1.32% with no waiver, it runs above the category median and above 2x single-stock peers like TSMG (0.76%) and OKTG (0.75%), neither of which waives fees.
  • Young and small: a 2025 launch with a modest asset base, moderate trading, and every dollar riding on one company's share price.

Full COTG profile⁠

Full QSU profile⁠

COTG vs QSU Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COTG vs QSU Cost

Overpaying QSU vs COTG

$8,839

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COTG 0.77%

    $14,829

  • QSU 1.32%

    $23,668

$10,000
30 years

Cost over time

  • COTG 0.77%
  • QSU 1.32%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530QSU $23,668COTG $14,829

Year by year

YearCOTGQSUOverpaying
10$1,371$2,296$925
20$5,205$8,507$3,302
30$14,829$23,668$8,839

Expense ratio

  • 0.77%COTG, cheaper
  • 1.32%QSU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

COTG 135th cheapest of 312 funds

QSU 243rd cheapest of 312 funds

COTG vs QSU Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
COTG None
QSU None

Distribution history

COTGAll COTG payments⁠

No distribution history available.

QSUAll QSU payments⁠

No distribution history available.

COTG vs QSU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COTG 38.3%since Oct 2025QSU 108.1%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
COTG 0.12since Oct 2025QSU −2.55since Nov 2025
Worst fallMax drawdown, 5 years
COTG −36.4%since Sep 2025QSU −98.2%since Oct 2025
Market sensitivityBeta, 5 years
COTG −0.04QSU 5.66

COTG and QSU in the news

All news⁠

Popular comparisons

  • COTGAvsUNHGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.77% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QSUDvsUNHGA

    Daily Target 2X Long QS ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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    Category
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  • COTGAvsTSMGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
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  • QSUDvsTSMGA

    Daily Target 2X Long QS ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.32% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COTGAvsOKTGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
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  • QSUDvsOKTGA

    Daily Target 2X Long QS ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.32% · 0.75%
    Category
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