BLSX vs. QTJL

Last updated Jun 4, 2026

BLSX (Tradr 2X Long BLSH Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. BLSX charges 1.30%/yr vs 0.79%/yr for QTJL.

Performance

BLSX vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long BLSH Daily ETF (BLSX) and Innovator Growth Accelerated Plus ETF - July (QTJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLSX

• 1D: —
• 1M: —
• 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*: —

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

BLSX vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
BLSX Tradr 2X Long BLSH Daily ETF	-24.41%	-56.50%
QTJL Innovator Growth Accelerated Plus ETF - July	7.15%	2.20%

Correlation

The correlation between BLSX and QTJL is 0.33, 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 Oct 24, 2025	0.33

Return for Risk

BLSX vs. QTJL — Risk / Return Rank

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

QTJL

QTJL Risk / Return Rank: 68
QTJL Sharpe Ratio Rank: 62
QTJL Sortino Ratio Rank: 63
QTJL Omega Ratio Rank: 70
QTJL Calmar Ratio Rank: 62
QTJL Martin Ratio Rank: 81

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.

BLSX vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BLSH Daily ETF (BLSX) 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.

Sharpe Ratios by Period

	BLSX	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	—	0.52	—

Drawdowns

Drawdown Indicators

	BLSX	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Current Drawdown Current decline from peak	—	-0.01%	—
Average Drawdown Average peak-to-trough decline	—	-7.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.27%	—

Volatility

Volatility by Period

	BLSX	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	—	10.01%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.42%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.42%	—

BLSX vs. QTJL - Expense Ratio Comparison

BLSX has a 1.30% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

BLSX vs. QTJL - Dividend Comparison

Neither BLSX nor QTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BLSX and QTJL in my portfolio?

BLSX and QTJL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLSX or QTJL?

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.

Which ETF is cheaper, BLSX or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 1.30% for BLSX.

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

BLSX and QTJL have nearly identical dividend yields, around 0.00%.

What is the main difference between BLSX and QTJL?

They also come from different issuers: Tradr ETFs and Innovator. Their fees differ too: 1.30% for BLSX and 0.79% for QTJL.