ASMG vs. QTJL

Last updated Jun 5, 2026

ASMG (Leverage Shares 2X Long ASML Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, ASMG returned 327.03% vs 20.28% for QTJL. A 0.59 correlation means they provide meaningful diversification when combined. ASMG charges 0.75%/yr vs 0.79%/yr for QTJL.

Performance

ASMG vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ASML Daily ETF (ASMG) 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, ASMG achieves a 135.99% return, which is significantly higher than QTJL's 7.18% return.

ASMG

• 1D: 3.70%
• 1M: 43.96%
• YTD: 135.99%
• 6M: 116.32%
• 1Y: 327.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: 0.02%
• 1M: 1.08%
• YTD: 7.18%
• 6M: 7.93%
• 1Y: 20.28%
• 3Y*: 19.18%
• 5Y*: —
• 10Y*: —

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

ASMG vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	135.99%	63.67%
QTJL Innovator Growth Accelerated Plus ETF - July	7.18%	21.82%

Correlation

The correlation between ASMG and QTJL is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 15, 2025	0.59

The correlation between ASMG and QTJL has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.

Return for Risk

ASMG vs. QTJL — Risk / Return Rank

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

ASMG

ASMG Risk / Return Rank: 88
ASMG Sharpe Ratio Rank: 96
ASMG Sortino Ratio Rank: 81
ASMG Omega Ratio Rank: 74
ASMG Calmar Ratio Rank: 96
ASMG Martin Ratio Rank: 93

QTJL

QTJL Risk / Return Rank: 68
QTJL Sharpe Ratio Rank: 62
QTJL Sortino Ratio Rank: 63
QTJL Omega Ratio Rank: 71
QTJL Calmar Ratio Rank: 62
QTJL Martin Ratio Rank: 82

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.

ASMG vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ASML Daily ETF (ASMG) 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.

	ASMG	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	4.06	2.04	+2.02
Sortino ratio: Return per unit of downside risk	3.54	2.90	+0.64
Omega ratio: Gain probability vs. loss probability	1.43	1.41	+0.02
Calmar ratio: Return relative to maximum drawdown	9.53	3.05	+6.49
Martin ratio: Return relative to average drawdown	23.75	16.05	+7.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASMG vs. QTJL - Sharpe Ratio Comparison

The current ASMG Sharpe Ratio is 4.06, which is higher than the QTJL Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of ASMG 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

	ASMG	QTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.06	2.04	+2.02
Sharpe Ratio (All Time) Calculated using the full available price history	1.97	0.52	+1.45

Drawdowns

ASMG vs. QTJL - Drawdown Comparison

The maximum ASMG drawdown since its inception was -43.95%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ASMG and QTJL.

Drawdown Indicators

	ASMG	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-43.95%	-33.40%	-10.55%
Max Drawdown (1Y) Largest decline over 1 year	-34.56%	-6.68%	-27.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.24%	-7.93%	-5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.85%	1.27%	+12.58%

Volatility

ASMG vs. QTJL - Volatility Comparison

Leverage Shares 2X Long ASML Daily ETF (ASMG) has a higher volatility of 28.61% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 0.30%. This indicates that ASMG'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

	ASMG	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.61%	0.30%	+28.31%
Volatility (6M) Calculated over the trailing 6-month period	64.25%	7.60%	+56.65%
Volatility (1Y) Calculated over the trailing 1-year period	81.20%	9.99%	+71.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.41%	20.42%	+63.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.41%	20.42%	+63.99%

ASMG vs. QTJL - Expense Ratio Comparison

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

Dividends

ASMG vs. QTJL - Dividend Comparison

ASMG's dividend yield for the trailing twelve months is around 4.75%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	4.75%	11.20%
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASMG and QTJL in my portfolio?

ASMG and QTJL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASMG or QTJL?

ASMG has higher volatility (28.61%) compared to QTJL (0.30%). In terms of maximum drawdown, ASMG dropped -43.95% vs QTJL's -33.40%.

Which ETF is better, ASMG or QTJL?

On 1-year performance, ASMG leads with 327.03% vs 20.28% for QTJL. On fees, ASMG is cheaper at 0.75% per year. On volatility, QTJL has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMG or QTJL?

Over the 1-year period, ASMG has performed better with a 327.03% return vs 20.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMG or QTJL?

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

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

ASMG has the higher dividend yield at 4.75%, compared with 0.00% for QTJL.

What is the main difference between ASMG and QTJL?

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

Which has better risk-adjusted returns?

ASMG currently has the higher Sharpe Ratio (4.06 vs 2.04), 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.