CSCL vs. QTJL

Last updated Jul 12, 2026

CSCL (Direxion Daily CSCO Bull 2X Shares) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Over the past year, CSCL returned 168.92% vs 16.67% for QTJL. At a 0.42 correlation, their price movements are largely independent. CSCL charges 1.07%/yr vs 0.79%/yr for QTJL.

Performance

CSCL vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSCO Bull 2X Shares (CSCL) 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, CSCL achieves a 122.84% return, which is significantly higher than QTJL's 6.61% return.

CSCL

• 1D: 5.31%
• 1M: -1.52%
• 6M: 140.54%
• YTD: 122.84%
• 1Y: 168.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: 0.42%
• 1M: -0.46%
• 6M: 5.53%
• YTD: 6.61%
• 1Y: 16.67%
• 3Y*: 18.63%
• 5Y*: 10.10%
• 10Y*: —

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

CSCL vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
CSCL Direxion Daily CSCO Bull 2X Shares	122.84%	20.73%
QTJL Innovator Growth Accelerated Plus ETF - July	6.61%	10.32%

Correlation

The correlation between CSCL and QTJL is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.42

CSCL vs. QTJL - Sectors Allocation Comparison

Sectors	CSCL	QTJL
Technology	100.0%	58.0%
Basic Materials	-	1.0%
Communication Services	-	14.5%
Consumer Cyclical	-	11.6%
Consumer Defensive	-	6.6%
Energy	-	0.5%
Financial Services	-	0.2%
Healthcare	-	3.7%
Industrials	-	2.6%
Real Estate	-	0.1%
Utilities	-	1.2%

Return for Risk

CSCL vs. QTJL — Risk / Return Rank

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

CSCL

CSCL Risk / Return Rank: 87
CSCL Sharpe Ratio Rank: 92
CSCL Sortino Ratio Rank: 77
CSCL Omega Ratio Rank: 85
CSCL Calmar Ratio Rank: 95
CSCL Martin Ratio Rank: 84

QTJL

QTJL Risk / Return Rank: 67
QTJL Sharpe Ratio Rank: 61
QTJL Sortino Ratio Rank: 61
QTJL Omega Ratio Rank: 70
QTJL Calmar Ratio Rank: 63
QTJL Martin Ratio Rank: 82

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.

CSCL vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSCO Bull 2X Shares (CSCL) 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.

	CSCL	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	2.53	1.61	+0.92
Sortino ratio: Return per unit of downside risk	2.74	2.29	+0.45
Omega ratio: Gain probability vs. loss probability	1.40	1.33	+0.07
Calmar ratio: Return relative to maximum drawdown	5.93	2.49	+3.44
Martin ratio: Return relative to average drawdown	13.47	12.69	+0.78

CSCL vs. QTJL - Sharpe Ratio Comparison

The current CSCL Sharpe Ratio is 2.53, which is higher than the QTJL Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of CSCL 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

CSCL vs. QTJL - Drawdown Comparison

The maximum CSCL drawdown since its inception was -27.41%, smaller than the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for CSCL and QTJL.

Drawdown Indicators

	CSCL	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-27.41%	-33.40%	+5.99%
Max Drawdown (1Y) Largest decline over 1 year	-27.41%	-6.68%	-20.73%
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	-14.47%	-0.86%	-13.61%
Average Drawdown Average peak-to-trough decline	-9.33%	-7.79%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.07%	1.31%	+10.76%

Volatility

CSCL vs. QTJL - Volatility Comparison

Direxion Daily CSCO Bull 2X Shares (CSCL) has a higher volatility of 20.67% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 3.48%. This indicates that CSCL'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

	CSCL	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.67%	3.48%	+17.19%
Volatility (6M) Calculated over the trailing 6-month period	57.74%	8.08%	+49.66%
Volatility (1Y) Calculated over the trailing 1-year period	64.27%	10.35%	+53.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.26%	20.31%	+42.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.26%	20.27%	+42.99%

CSCL vs. QTJL - Expense Ratio Comparison

CSCL has a 1.07% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

CSCL vs. QTJL - Dividend Comparison

CSCL's dividend yield for the trailing twelve months is around 1.14%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
CSCL Direxion Daily CSCO Bull 2X Shares	1.14%	1.31%
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both CSCL and QTJL in my portfolio?

CSCL and QTJL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSCL or QTJL?

CSCL has higher volatility (20.67%) compared to QTJL (3.48%). In terms of maximum drawdown, CSCL dropped -27.41% vs QTJL's -33.40%.

Which ETF is better, CSCL or QTJL?

On 1-year performance, CSCL leads with 168.92% vs 16.67% for QTJL. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 3.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSCL or QTJL?

Over the 1-year period, CSCL has performed better with a 168.92% return vs 16.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSCL or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 1.07% for CSCL.

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

CSCL has the higher dividend yield at 1.14%, compared with 0.00% for QTJL.

What is the main difference between CSCL and QTJL?

They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.07% for CSCL and 0.79% for QTJL.

Which has better risk-adjusted returns?

CSCL currently has the higher Sharpe Ratio (2.53 vs 1.61), 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.