DRNL vs. QTJL
DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. DRNL is passively managed, while QTJL is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. DRNL charges 1.31%/yr vs 0.79%/yr for QTJL.
Performance
DRNL vs. QTJL - Performance Comparison
Loading charts...
Returns By Period
DRNL
- 1D
- 5.35%
- 1M
- 47.88%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTJL
- 1D
- 0.02%
- 1M
- 1.08%
- YTD
- 7.18%
- 6M
- 7.93%
- 1Y
- 20.28%
- 3Y*
- 19.18%
- 5Y*
- —
- 10Y*
- —
DRNL vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -20.42% |
QTJL Innovator Growth Accelerated Plus ETF - July | 7.38% |
Correlation
The correlation between DRNL and QTJL is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 4, 2026 | 0.52 |
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
DRNL vs. QTJL — Risk / Return Rank
DRNL
QTJL
DRNL vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) 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.
Loading charts...
Sharpe Ratios by Period
| DRNL | QTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.43 | 0.52 | -0.95 |
Drawdowns
DRNL vs. QTJL - Drawdown Comparison
The maximum DRNL drawdown since its inception was -58.58%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for DRNL and QTJL.
Loading charts...
Drawdown Indicators
| DRNL | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.58% | -33.40% | -25.18% |
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 | -31.90% | 0.00% | -31.90% |
Average DrawdownAverage peak-to-trough decline | -36.20% | -7.93% | -28.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.27% | — |
Volatility
DRNL vs. QTJL - Volatility Comparison
Loading charts...
Volatility by Period
| DRNL | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 137.00% | 9.99% | +127.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 137.00% | 20.42% | +116.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 137.00% | 20.42% | +116.58% |
DRNL vs. QTJL - Expense Ratio Comparison
DRNL has a 1.31% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
DRNL vs. QTJL - Dividend Comparison
Neither DRNL nor QTJL has paid dividends to shareholders.
Frequently Asked Questions
DRNL and QTJL have a correlation of 0.52, 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 1.31% for DRNL.
DRNL and QTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Innovator. Their fees differ too: 1.31% for DRNL and 0.79% for QTJL.
Find the right allocation for DRNL 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