DUSL vs. QTJL
DUSL (Direxion Daily Industrials Bull 3X Shares) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. DUSL is passively managed, while QTJL is actively managed. Over the past 5 years, DUSL returned 20.90%/yr vs 9.06%/yr for QTJL. Their 0.64 correlation means they have sometimes moved together and sometimes differently. DUSL charges 1.01%/yr vs 0.79%/yr for QTJL.
Performance
DUSL vs. QTJL - Performance Comparison
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Returns By Period
In the year-to-date period, DUSL achieves a 39.99% return, which is significantly higher than QTJL's 2.56% return.
DUSL
- 1D
- 2.43%
- 1M
- -7.89%
- 6M
- 17.29%
- YTD
- 39.99%
- 1Y
- 50.01%
- 3Y*
- 39.27%
- 5Y*
- 20.90%
- 10Y*
- —
- ALL TIME*
- 18.43%
QTJL
- 1D
- 0.93%
- 1M
- -1.97%
- 6M
- 1.77%
- YTD
- 2.56%
- 1Y
- 11.97%
- 3Y*
- 15.99%
- 5Y*
- 9.06%
- 10Y*
- —
- ALL TIME*
- 9.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $913.54K | $1.33M | $1.65M | |
| $200.88K | $354.66K | $247.25K |
DUSL vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DUSL Direxion Daily Industrials Bull 3X Shares | 39.99% | 37.50% | 34.75% | 37.23% | -31.17% | 7.39% |
QTJL Innovator Growth Accelerated Plus ETF - July | 2.56% | 21.07% | 16.50% | 42.39% | -30.16% | 9.36% |
Correlation
The correlation between DUSL and QTJL is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | 0.64 |
The correlation between DUSL and QTJL shifts across timeframes, from 0.52 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DUSL vs. QTJL — Risk / Return Rank
DUSL
QTJL
DUSL vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Industrials Bull 3X Shares (DUSL) 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.
| DUSL | QTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.23 | +0.07 |
| Martin ratioReturn relative to average drawdown | 4.31 | 6.04 | -1.73 |
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Drawdowns
DUSL vs. QTJL - Drawdown Comparison
The maximum DUSL drawdown since its inception was -85.74%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for DUSL and QTJL.
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Drawdown Indicators
| DUSL | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.74% | -33.40% | -52.34% |
Max Drawdown (1Y)Largest decline over 1 year | -33.68% | -8.48% | -25.20% |
Max Drawdown (3Y)Largest decline over 3 years | -50.86% | -22.43% | -28.43% |
Max Drawdown (5Y)Largest decline over 5 years | -58.43% | -33.40% | -25.03% |
Current DrawdownCurrent decline from peak | -10.22% | -4.62% | -5.60% |
Average DrawdownAverage peak-to-trough decline | -21.74% | -7.74% | -14.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.13% | 1.73% | +8.40% |
Volatility
DUSL vs. QTJL - Volatility Comparison
Direxion Daily Industrials Bull 3X Shares (DUSL) has a higher volatility of 14.35% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 6.45%. This indicates that DUSL'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.
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Volatility by Period
| DUSL | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.35% | 6.45% | +7.90% |
Volatility (6M)Calculated over the trailing 6-month period | 42.40% | 9.63% | +32.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.40% | 11.72% | +39.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.05% | 20.43% | +32.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.54% | 20.30% | +41.24% |
DUSL vs. QTJL - Expense Ratio Comparison
DUSL has a 1.01% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
DUSL vs. QTJL - Dividend Comparison
DUSL's dividend yield for the trailing twelve months is around 8.07%, while QTJL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DUSL Direxion Daily Industrials Bull 3X Shares | 8.07% | 11.39% | 6.61% | 1.28% | 0.66% | 0.07% | 0.48% | 1.01% | 1.46% | 0.57% |
QTJL Innovator Growth Accelerated Plus ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DUSL 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.
DUSL has higher volatility (14.35%) compared to QTJL (6.45%). In terms of maximum drawdown, DUSL dropped -85.74% vs QTJL's -33.40%.
On 5-year performance, DUSL leads with 20.90% vs 9.06% for QTJL. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 6.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DUSL has performed better with a 20.90% return vs 9.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QTJL is cheaper with a 0.79% expense ratio, compared with 1.01% for DUSL.
DUSL has the higher dividend yield at 8.07%, compared with 0.00% for QTJL.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.01% for DUSL and 0.79% for QTJL.
QTJL currently has the higher Sharpe Ratio (0.89 vs 0.85), 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.
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