ASTX vs. QTJL
ASTX (Tradr 2X Long ASTS Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. At a 0.32 correlation, their price movements are largely independent. ASTX charges 1.30%/yr vs 0.79%/yr for QTJL.
Performance
ASTX vs. QTJL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ASTX achieves a -52.35% return, which is significantly lower than QTJL's 7.38% return.
ASTX
- 1D
- -0.86%
- 1M
- -60.80%
- YTD
- -52.35%
- 6M
- -66.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTJL
- 1D
- -0.04%
- 1M
- 0.44%
- YTD
- 7.38%
- 6M
- 6.82%
- 1Y
- 18.59%
- 3Y*
- 19.09%
- 5Y*
- —
- 10Y*
- —
ASTX vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ASTX Tradr 2X Long ASTS Daily ETF | -52.35% | 63.68% |
QTJL Innovator Growth Accelerated Plus ETF - July | 7.38% | 9.36% |
Correlation
The correlation between ASTX and QTJL is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASTX vs. QTJL — Risk / Return Rank
ASTX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTJL
ASTX vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASTX | QTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.79 | — |
| Martin ratioReturn relative to average drawdown | — | 14.72 | — |
Loading charts...
Drawdowns
ASTX vs. QTJL - Drawdown Comparison
The maximum ASTX drawdown since its inception was -80.72%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ASTX and QTJL.
Loading charts...
Drawdown Indicators
| ASTX | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.72% | -33.40% | -47.32% |
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 | -80.72% | -0.04% | -80.68% |
Average DrawdownAverage peak-to-trough decline | -45.59% | -7.85% | -37.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.27% | — |
Volatility
ASTX vs. QTJL - Volatility Comparison
Loading charts...
Volatility by Period
| ASTX | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.42% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 214.01% | 9.88% | +204.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 214.01% | 20.31% | +193.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 214.01% | 20.31% | +193.70% |
ASTX vs. QTJL - Expense Ratio Comparison
ASTX has a 1.30% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
ASTX vs. QTJL - Dividend Comparison
Neither ASTX nor QTJL has paid dividends to shareholders.
Frequently Asked Questions
ASTX and QTJL have a correlation of 0.32, 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 1.30% for ASTX.
ASTX and QTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Innovator. Their fees differ too: 1.30% for ASTX and 0.79% for QTJL.
Find the right allocation for ASTX and QTJL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer