BOEG vs. QTJL

Last updated Jul 17, 2026

BOEG (Leverage Shares 2X Long BA Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, BOEG returned -29.91% vs 13.53% for QTJL. At a 0.35 correlation, their price movements are largely independent. BOEG charges 0.75%/yr vs 0.79%/yr for QTJL.

Performance

BOEG vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BA Daily ETF (BOEG) 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, BOEG achieves a -13.35% return, which is significantly lower than QTJL's 4.13% return.

BOEG

• 1D: -3.33%
• 1M: -12.16%
• 6M: -32.81%
• YTD: -13.35%
• 1Y: -29.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: -1.51%
• 1M: -2.95%
• 6M: 3.48%
• YTD: 4.13%
• 1Y: 13.53%
• 3Y*: 16.55%
• 5Y*: 9.73%
• 10Y*: —

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

BOEG vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
BOEG Leverage Shares 2X Long BA Daily ETF	-13.35%	6.85%
QTJL Innovator Growth Accelerated Plus ETF - July	4.13%	11.27%

Correlation

The correlation between BOEG and QTJL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.35

Return for Risk

BOEG vs. QTJL — Risk / Return Rank

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

BOEG

BOEG Risk / Return Rank: 5
BOEG Sharpe Ratio Rank: 5
BOEG Sortino Ratio Rank: 6
BOEG Omega Ratio Rank: 6
BOEG Calmar Ratio Rank: 4
BOEG Martin Ratio Rank: 3

QTJL

QTJL Risk / Return Rank: 52
QTJL Sharpe Ratio Rank: 44
QTJL Sortino Ratio Rank: 44
QTJL Omega Ratio Rank: 50
QTJL Calmar Ratio Rank: 50
QTJL Martin Ratio Rank: 71

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.

BOEG vs. QTJL - Risk-Adjusted Trends Comparison

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

	BOEG	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	1.28	-1.75
Sortino ratio: Return per unit of downside risk	-0.36	1.83	-2.19
Omega ratio: Gain probability vs. loss probability	0.96	1.26	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.65	2.03	-2.68
Martin ratio: Return relative to average drawdown	-1.21	10.11	-11.32

BOEG vs. QTJL - Sharpe Ratio Comparison

The current BOEG Sharpe Ratio is -0.47, which is lower than the QTJL Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of BOEG 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.

Drawdowns

BOEG vs. QTJL - Drawdown Comparison

The maximum BOEG drawdown since its inception was -46.47%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for BOEG and QTJL.

Drawdown Indicators

	BOEG	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-33.40%	-13.07%
Max Drawdown (1Y) Largest decline over 1 year	-46.47%	-6.68%	-39.79%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.40%	—
Current Drawdown Current decline from peak	-34.94%	-3.17%	-31.77%
Average Drawdown Average peak-to-trough decline	-20.22%	-7.77%	-12.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.74%	1.34%	+23.40%

Volatility

BOEG vs. QTJL - Volatility Comparison

Leverage Shares 2X Long BA Daily ETF (BOEG) has a higher volatility of 15.88% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 4.19%. This indicates that BOEG'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

	BOEG	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	4.19%	+11.69%
Volatility (6M) Calculated over the trailing 6-month period	47.24%	8.42%	+38.82%
Volatility (1Y) Calculated over the trailing 1-year period	63.88%	10.63%	+53.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.79%	20.34%	+43.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.79%	20.27%	+43.52%

BOEG vs. QTJL - Expense Ratio Comparison

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

Dividends

BOEG vs. QTJL - Dividend Comparison

Neither BOEG nor QTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BOEG and QTJL in my portfolio?

BOEG and QTJL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOEG or QTJL?

BOEG has higher volatility (15.88%) compared to QTJL (4.19%). In terms of maximum drawdown, BOEG dropped -46.47% vs QTJL's -33.40%.

Which ETF is better, BOEG or QTJL?

On 1-year performance, QTJL leads with 13.53% vs -29.91% for BOEG. On fees, BOEG is cheaper at 0.75% per year. On volatility, QTJL has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOEG or QTJL?

Over the 1-year period, QTJL has performed better with a 13.53% return vs -29.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOEG or QTJL?

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

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

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

What is the main difference between BOEG and QTJL?

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

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (1.28 vs -0.47), 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.