DRNL vs. XTJL
DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. DRNL is passively managed, while XTJL is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. DRNL charges 1.31%/yr vs 0.79%/yr for XTJL.
Performance
DRNL vs. XTJL - Performance Comparison
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Returns By Period
DRNL
- 1D
- 5.35%
- 1M
- 47.88%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTJL
- 1D
- 0.02%
- 1M
- 1.01%
- YTD
- 5.38%
- 6M
- 6.35%
- 1Y
- 15.58%
- 3Y*
- 14.67%
- 5Y*
- —
- 10Y*
- —
DRNL vs. XTJL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -20.42% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 4.76% |
Correlation
The correlation between DRNL and XTJL is 0.55, 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 | 0.55 |
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Return for Risk
DRNL vs. XTJL — Risk / Return Rank
DRNL
XTJL
DRNL vs. XTJL - 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 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| DRNL | XTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.43 | 0.65 | -1.08 |
Drawdowns
DRNL vs. XTJL - Drawdown Comparison
The maximum DRNL drawdown since its inception was -58.58%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for DRNL and XTJL.
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Drawdown Indicators
| DRNL | XTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.58% | -23.24% | -35.34% |
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 | -31.90% | 0.00% | -31.90% |
Average DrawdownAverage peak-to-trough decline | -36.20% | -4.04% | -32.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.90% | — |
Volatility
DRNL vs. XTJL - Volatility Comparison
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Volatility by Period
| DRNL | XTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 137.00% | 7.42% | +129.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 137.00% | 15.21% | +121.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 137.00% | 15.21% | +121.79% |
DRNL vs. XTJL - Expense Ratio Comparison
DRNL has a 1.31% expense ratio, which is higher than XTJL's 0.79% expense ratio.
Dividends
DRNL vs. XTJL - Dividend Comparison
Neither DRNL nor XTJL has paid dividends to shareholders.
Frequently Asked Questions
DRNL and XTJL have a correlation of 0.55, 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 1.31% for DRNL.
DRNL and XTJL 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 XTJL.
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