ADBG vs. QTJL

Last updated Jun 6, 2026

ADBG (Leverage Shares 2X Long ADBE Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, ADBG returned -71.70% vs 20.45% for QTJL. At a 0.31 correlation, their price movements are largely independent. ADBG charges 0.75%/yr vs 0.79%/yr for QTJL.

Performance

ADBG vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ADBE Daily ETF (ADBG) and Innovator Growth Accelerated Plus ETF - July (QTJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADBG achieves a -54.70% return, which is significantly lower than QTJL's 6.86% return.

ADBG

• 1D: -5.32%
• 1M: -1.91%
• YTD: -54.70%
• 6M: -54.25%
• 1Y: -71.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: -0.30%
• 1M: 0.59%
• YTD: 6.86%
• 6M: 7.42%
• 1Y: 20.45%
• 3Y*: 19.00%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADBG vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	-54.70%	-30.89%
QTJL Innovator Growth Accelerated Plus ETF - July	6.86%	25.57%

Correlation

The correlation between ADBG and QTJL is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	0.31

Return for Risk

ADBG vs. QTJL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADBG

ADBG Risk / Return Rank: 1
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 1
ADBG Omega Ratio Rank: 0
ADBG Calmar Ratio Rank: 1
ADBG Martin Ratio Rank: 2

QTJL

QTJL Risk / Return Rank: 71
QTJL Sharpe Ratio Rank: 66
QTJL Sortino Ratio Rank: 68
QTJL Omega Ratio Rank: 74
QTJL Calmar Ratio Rank: 65
QTJL Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADBG vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ADBE Daily ETF (ADBG) and Innovator Growth Accelerated Plus ETF - July (QTJL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ADBG	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	-1.07	2.06	-3.12
Sortino ratio: Return per unit of downside risk	-1.98	2.92	-4.90
Omega ratio: Gain probability vs. loss probability	0.77	1.42	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.94	3.07	-4.01
Martin ratio: Return relative to average drawdown	-1.42	16.18	-17.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADBG vs. QTJL - Sharpe Ratio Comparison

The current ADBG Sharpe Ratio is -1.07, which is lower than the QTJL Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of ADBG and QTJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ADBG	QTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.07	2.06	-3.12
Sharpe Ratio (All Time) Calculated using the full available price history	-0.93	0.52	-1.45

Drawdowns

ADBG vs. QTJL - Drawdown Comparison

The maximum ADBG drawdown since its inception was -76.71%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ADBG and QTJL.

Drawdown Indicators

	ADBG	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-76.71%	-33.40%	-43.31%
Max Drawdown (1Y) Largest decline over 1 year	-76.23%	-6.68%	-69.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Current Drawdown Current decline from peak	-72.49%	-0.30%	-72.19%
Average Drawdown Average peak-to-trough decline	-41.84%	-7.93%	-33.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.52%	1.27%	+49.25%

Volatility

ADBG vs. QTJL - Volatility Comparison

Leverage Shares 2X Long ADBE Daily ETF (ADBG) has a higher volatility of 27.94% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 0.43%. This indicates that ADBG's price experiences larger fluctuations and is considered to be riskier than QTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADBG	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.94%	0.43%	+27.51%
Volatility (6M) Calculated over the trailing 6-month period	56.40%	7.61%	+48.79%
Volatility (1Y) Calculated over the trailing 1-year period	67.29%	10.00%	+57.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.90%	20.41%	+46.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.90%	20.41%	+46.49%

ADBG vs. QTJL - Expense Ratio Comparison

ADBG has a 0.75% expense ratio, which is lower than QTJL's 0.79% expense ratio.

Dividends

ADBG vs. QTJL - Dividend Comparison

Neither ADBG nor QTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ADBG and QTJL in my portfolio?

ADBG and QTJL have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADBG or QTJL?

ADBG has higher volatility (27.94%) compared to QTJL (0.43%). In terms of maximum drawdown, ADBG dropped -76.71% vs QTJL's -33.40%.

Which ETF is better, ADBG or QTJL?

On 1-year performance, QTJL leads with 20.45% vs -71.70% for ADBG. On fees, ADBG is cheaper at 0.75% per year. On volatility, QTJL has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ADBG or QTJL?

Over the 1-year period, QTJL has performed better with a 20.45% return vs -71.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ADBG or QTJL?

ADBG is cheaper with a 0.75% expense ratio, compared with 0.79% for QTJL.

Which ETF pays a higher dividend yield, ADBG or QTJL?

ADBG and QTJL have nearly identical dividend yields, around 0.00%.

What is the main difference between ADBG and QTJL?

They also come from different issuers: Leverage Shares and Innovator. Their fees differ too: 0.75% for ADBG and 0.79% for QTJL.

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (2.06 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.