ALTL vs. QTJL
Compare and contrast key facts about Pacer Lunt Large Cap Alternator ETF (ALTL) and Innovator Growth Accelerated Plus ETF - July (QTJL).
ALTL and QTJL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ALTL is a passively managed fund by Pacer Advisors that tracks the performance of the Lunt Capital US Large Cap Equity Rotation Index. It was launched on Jun 24, 2020. QTJL is an actively managed fund by Innovator. It was launched on Jul 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTL or QTJL.
Correlation
The correlation between ALTL and QTJL is -0.20. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ALTL vs. QTJL - Performance Comparison
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Key characteristics
ALTL:
6.92%
QTJL:
14.94%
ALTL:
-0.53%
QTJL:
-0.91%
ALTL:
-0.53%
QTJL:
-0.03%
Returns By Period
ALTL
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QTJL
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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.
Risk-Adjusted Performance
ALTL vs. QTJL — Risk-Adjusted Performance Rank
ALTL
QTJL
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.
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Dividends
ALTL vs. QTJL - Dividend Comparison
ALTL's dividend yield for the trailing twelve months is around 1.52%, while QTJL has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 -0.53%, smaller than the maximum QTJL drawdown of -0.91%. Use the drawdown chart below to compare losses from any high point for ALTL and QTJL. For additional features, visit the drawdowns tool.
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Volatility
ALTL vs. QTJL - Volatility Comparison
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