BU vs. XTJL
BU (Defiance Daily Target 2X Long B ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. BU charges 1.29%/yr vs 0.79%/yr for XTJL.
Performance
BU vs. XTJL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BU achieves a -29.80% return, which is significantly lower than XTJL's 5.60% return.
BU
- 1D
- 0.00%
- 1M
- -6.46%
- YTD
- -29.80%
- 6M
- -35.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTJL
- 1D
- 0.00%
- 1M
- 0.45%
- YTD
- 5.60%
- 6M
- 5.27%
- 1Y
- 14.52%
- 3Y*
- 14.41%
- 5Y*
- —
- 10Y*
- —
BU vs. XTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BU Defiance Daily Target 2X Long B ETF | -29.80% | 27.72% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 5.60% | 3.36% |
Correlation
The correlation between BU and XTJL is 0.37, 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 Nov 19, 2025 | 0.37 |
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
BU vs. XTJL — Risk / Return Rank
BU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XTJL
BU vs. XTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) and Innovator U.S. Equity Accelerated Plus ETF - July (XTJL). 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.
| BU | XTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.85 | — |
| Martin ratioReturn relative to average drawdown | — | 16.13 | — |
Loading charts...
Drawdowns
BU vs. XTJL - Drawdown Comparison
The maximum BU drawdown since its inception was -53.98%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for BU and XTJL.
Loading charts...
Drawdown Indicators
| BU | XTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.98% | -23.24% | -30.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.12% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.70% | — |
Current DrawdownCurrent decline from peak | -51.59% | -0.06% | -51.53% |
Average DrawdownAverage peak-to-trough decline | -27.60% | -3.99% | -23.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.90% | — |
Volatility
BU vs. XTJL - Volatility Comparison
Loading charts...
Volatility by Period
| BU | XTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 95.05% | 7.35% | +87.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.05% | 15.13% | +79.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.05% | 15.13% | +79.92% |
BU vs. XTJL - Expense Ratio Comparison
BU has a 1.29% expense ratio, which is higher than XTJL's 0.79% expense ratio.
Dividends
BU vs. XTJL - Dividend Comparison
Neither BU nor XTJL has paid dividends to shareholders.
Frequently Asked Questions
BU and XTJL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XTJL is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XTJL is cheaper with a 0.79% expense ratio, compared with 1.29% for BU.
BU and XTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Innovator. Their fees differ too: 1.29% for BU and 0.79% for XTJL.
Find the right allocation for BU and XTJL
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