DUST vs. XTJL
DUST (Direxion Daily Gold Miners Bear 2X Shares) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. DUST is passively managed, while XTJL is actively managed. Over the past 3 years, DUST returned -62.09%/yr vs 14.68%/yr for XTJL. At a correlation of -0.25, they often move in opposite directions. DUST charges 1.07%/yr vs 0.79%/yr for XTJL.
Performance
DUST vs. XTJL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DUST achieves a -26.71% return, which is significantly lower than XTJL's 5.36% return.
DUST
- 1D
- 6.82%
- 1M
- -4.38%
- YTD
- -26.71%
- 6M
- -36.80%
- 1Y
- -76.81%
- 3Y*
- -62.09%
- 5Y*
- -47.20%
- 10Y*
- -53.65%
XTJL
- 1D
- 0.00%
- 1M
- 1.16%
- YTD
- 5.36%
- 6M
- 6.38%
- 1Y
- 15.64%
- 3Y*
- 14.68%
- 5Y*
- —
- 10Y*
- —
DUST vs. XTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DUST Direxion Daily Gold Miners Bear 2X Shares | -26.71% | -88.72% | -29.51% | -27.63% | -22.70% | -1.25% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 5.36% | 15.42% | 14.43% | 25.72% | -15.66% | 7.28% |
Correlation
The correlation between DUST and XTJL is -0.28, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021 | -0.25 |
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
DUST vs. XTJL — Risk / Return Rank
DUST
XTJL
DUST vs. XTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bear 2X Shares (DUST) 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.
| DUST | XTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.97 | ||
| Sortino ratioReturn per unit of downside risk | -4.87 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.46 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 3.07 | -3.96 |
| Martin ratioReturn relative to average drawdown | -1.22 | 17.37 | -18.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DUST | XTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.85 | 2.12 | -2.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.65 | -1.15 |
Drawdowns
DUST vs. XTJL - Drawdown Comparison
The maximum DUST drawdown since its inception was -100.00%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for DUST and XTJL.
Loading charts...
Drawdown Indicators
| DUST | XTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -23.24% | -76.76% |
Max Drawdown (1Y)Largest decline over 1 year | -86.15% | -5.12% | -81.03% |
Max Drawdown (3Y)Largest decline over 3 years | -97.55% | -16.70% | -80.85% |
Max Drawdown (5Y)Largest decline over 5 years | -98.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | 0.00% | -100.00% |
Average DrawdownAverage peak-to-trough decline | -83.35% | -4.04% | -79.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 62.85% | 0.90% | +61.95% |
Volatility
DUST vs. XTJL - Volatility Comparison
Direxion Daily Gold Miners Bear 2X Shares (DUST) has a higher volatility of 30.34% compared to Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) at 0.33%. This indicates that DUST's price experiences larger fluctuations and is considered to be riskier than XTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DUST | XTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.34% | 0.33% | +30.01% |
Volatility (6M)Calculated over the trailing 6-month period | 72.12% | 5.72% | +66.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.34% | 7.43% | +82.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.13% | 15.22% | +56.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.19% | 15.22% | +71.97% |
DUST vs. XTJL - Expense Ratio Comparison
DUST has a 1.07% expense ratio, which is higher than XTJL's 0.79% expense ratio.
Dividends
DUST vs. XTJL - Dividend Comparison
DUST's dividend yield for the trailing twelve months is around 8.90%, while XTJL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DUST Direxion Daily Gold Miners Bear 2X Shares | 8.90% | 12.51% | 4.99% | 4.47% | 0.00% | 0.00% | 3.60% | 2.50% | 0.37% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DUST and XTJL have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DUST has higher volatility (30.34%) compared to XTJL (0.33%). In terms of maximum drawdown, DUST dropped -100.00% vs XTJL's -23.24%.
On 3-year performance, XTJL leads with 14.68% vs -62.09% for DUST. On fees, XTJL is cheaper at 0.79% per year. On volatility, XTJL has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XTJL has performed better with a 14.68% return vs -62.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XTJL is cheaper with a 0.79% expense ratio, compared with 1.07% for DUST.
DUST has the higher dividend yield at 8.90%, compared with 0.00% for XTJL.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.07% for DUST and 0.79% for XTJL.
XTJL currently has the higher Sharpe Ratio (2.12 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.
Find the right allocation for DUST 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