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ALTL vs. QTJL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ALTL and QTJL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

ALTL vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt Large Cap Alternator ETF (ALTL) and Innovator Growth Accelerated Plus ETF - July (QTJL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ALTL:

0.11

QTJL:

0.59

Sortino Ratio

ALTL:

0.24

QTJL:

1.03

Omega Ratio

ALTL:

1.03

QTJL:

1.17

Calmar Ratio

ALTL:

0.06

QTJL:

0.68

Martin Ratio

ALTL:

0.21

QTJL:

2.81

Ulcer Index

ALTL:

7.73%

QTJL:

5.46%

Daily Std Dev

ALTL:

16.10%

QTJL:

26.16%

Max Drawdown

ALTL:

-31.91%

QTJL:

-33.40%

Current Drawdown

ALTL:

-23.37%

QTJL:

0.00%

Returns By Period

In the year-to-date period, ALTL achieves a -7.63% return, which is significantly lower than QTJL's 6.31% return.


ALTL

YTD

-7.63%

1M

0.98%

6M

-13.46%

1Y

-0.04%

3Y*

-5.97%

5Y*

N/A

10Y*

N/A

QTJL

YTD

6.31%

1M

7.58%

6M

6.60%

1Y

15.24%

3Y*

16.18%

5Y*

N/A

10Y*

N/A

*Annualized

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ALTL vs. QTJL - Expense Ratio Comparison

ALTL has a 0.60% expense ratio, which is lower than QTJL's 0.79% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ALTL vs. QTJL — Risk-Adjusted Performance Rank

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

ALTL
The Risk-Adjusted Performance Rank of ALTL is 1818
Overall Rank
The Sharpe Ratio Rank of ALTL is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTL is 1818
Sortino Ratio Rank
The Omega Ratio Rank of ALTL is 1818
Omega Ratio Rank
The Calmar Ratio Rank of ALTL is 1818
Calmar Ratio Rank
The Martin Ratio Rank of ALTL is 1818
Martin Ratio Rank

QTJL
The Risk-Adjusted Performance Rank of QTJL is 6262
Overall Rank
The Sharpe Ratio Rank of QTJL is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of QTJL is 6060
Sortino Ratio Rank
The Omega Ratio Rank of QTJL is 6868
Omega Ratio Rank
The Calmar Ratio Rank of QTJL is 6666
Calmar Ratio Rank
The Martin Ratio Rank of QTJL is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ALTL vs. QTJL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) 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.


The current ALTL Sharpe Ratio is 0.11, which is lower than the QTJL Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ALTL and QTJL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

ALTL vs. QTJL - Dividend Comparison

ALTL's dividend yield for the trailing twelve months is around 1.50%, while QTJL has not paid dividends to shareholders.


TTM20242023202220212020
ALTL
Pacer Lunt Large Cap Alternator ETF
1.50%1.56%1.28%1.23%1.06%0.75%
QTJL
Innovator Growth Accelerated Plus ETF - July
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ALTL vs. QTJL - Drawdown Comparison

The maximum ALTL drawdown since its inception was -31.91%, roughly equal to the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ALTL and QTJL.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ALTL vs. QTJL - Volatility Comparison

The current volatility for Pacer Lunt Large Cap Alternator ETF (ALTL) is 3.59%, while Innovator Growth Accelerated Plus ETF - July (QTJL) has a volatility of 5.94%. This indicates that ALTL experiences smaller price fluctuations and is considered to be less risky than QTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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