ASMU vs. QTJL
ASMU (Direxion Daily ASML Bull 2X ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. ASMU charges 0.97%/yr vs 0.79%/yr for QTJL.
Performance
ASMU vs. QTJL - Performance Comparison
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Returns By Period
ASMU
- 1D
- 2.55%
- 1M
- 50.45%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTJL
- 1D
- -0.01%
- 1M
- 1.20%
- YTD
- 7.15%
- 6M
- 7.91%
- 1Y
- 20.52%
- 3Y*
- 19.20%
- 5Y*
- —
- 10Y*
- —
ASMU vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 30.81% |
QTJL Innovator Growth Accelerated Plus ETF - July | 6.56% |
Correlation
The correlation between ASMU and QTJL is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 12, 2026 | 0.56 |
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Return for Risk
ASMU vs. QTJL — Risk / Return Rank
ASMU
QTJL
ASMU vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ASML Bull 2X ETF (ASMU) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| ASMU | QTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.49 | 0.52 | +0.97 |
Drawdowns
ASMU vs. QTJL - Drawdown Comparison
The maximum ASMU drawdown since its inception was -34.79%, roughly equal to the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ASMU and QTJL.
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Drawdown Indicators
| ASMU | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.79% | -33.40% | -1.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.43% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.01% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -7.94% | -5.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.27% | — |
Volatility
ASMU vs. QTJL - Volatility Comparison
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Volatility by Period
| ASMU | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 95.13% | 10.01% | +85.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.13% | 20.42% | +74.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.13% | 20.42% | +74.71% |
ASMU vs. QTJL - Expense Ratio Comparison
ASMU has a 0.97% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
ASMU vs. QTJL - Dividend Comparison
ASMU's dividend yield for the trailing twelve months is around 0.16%, while QTJL has not paid dividends to shareholders.
| Position | TTM |
|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 0.16% |
QTJL Innovator Growth Accelerated Plus ETF - July | 0.00% |
Frequently Asked Questions
ASMU and QTJL have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QTJL is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QTJL is cheaper with a 0.79% expense ratio, compared with 0.97% for ASMU.
ASMU has the higher dividend yield at 0.16%, compared with 0.00% for QTJL.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 0.97% for ASMU and 0.79% for QTJL.
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