DXD vs. QTJL
DXD (ProShares UltraShort Dow30) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. DXD is passively managed, while QTJL is actively managed. Over the past 5 years, DXD returned -16.28%/yr vs 9.58%/yr for QTJL. Their -0.70 correlation means they have often moved in opposite directions in the past. DXD charges 0.95%/yr vs 0.79%/yr for QTJL.
Performance
DXD vs. QTJL - Performance Comparison
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Returns By Period
In the year-to-date period, DXD achieves a -20.27% return, which is significantly lower than QTJL's 6.39% return.
DXD
- 1D
- -3.36%
- 1M
- -4.22%
- 6M
- -16.65%
- YTD
- -20.27%
- 1Y
- -31.35%
- 3Y*
- -22.34%
- 5Y*
- -16.28%
- 10Y*
- -24.85%
- ALL TIME*
- -23.41%
QTJL
- 1D
- 2.27%
- 1M
- 1.69%
- 6M
- 5.92%
- YTD
- 6.39%
- 1Y
- 14.46%
- 3Y*
- 18.28%
- 5Y*
- 9.58%
- 10Y*
- —
- ALL TIME*
- 10.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.93M | $11.34M | $30.23M | |
| $269.84K | $352.41K | $212.93K |
DXD vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DXD ProShares UltraShort Dow30 | -20.27% | -21.11% | -16.07% | -18.77% | 7.09% | -13.75% |
QTJL Innovator Growth Accelerated Plus ETF - July | 6.39% | 21.07% | 16.50% | 42.39% | -30.16% | 9.36% |
Correlation
The correlation between DXD and QTJL is -0.62, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.62 |
Correlation (3Y) Balances recent behavior with more history. | -0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | -0.70 |
The correlation between DXD and QTJL has been stable across timeframes, ranging from -0.70 to -0.62 - a consistent structural relationship.
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Return for Risk
DXD vs. QTJL — Risk / Return Rank
DXD
QTJL
DXD vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Dow30 (DXD) 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.
| DXD | QTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -3.63 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.25 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 1.71 | -2.69 |
| Martin ratioReturn relative to average drawdown | -1.83 | 8.34 | -10.17 |
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Drawdowns
DXD vs. QTJL - Drawdown Comparison
The maximum DXD drawdown since its inception was -99.73%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for DXD and QTJL.
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Drawdown Indicators
| DXD | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -33.40% | -66.33% |
Max Drawdown (1Y)Largest decline over 1 year | -32.02% | -8.48% | -23.54% |
Max Drawdown (3Y)Largest decline over 3 years | -60.60% | -22.43% | -38.17% |
Max Drawdown (5Y)Largest decline over 5 years | -68.37% | -33.40% | -34.97% |
Max Drawdown (10Y)Largest decline over 10 years | -94.55% | — | — |
Current DrawdownCurrent decline from peak | -99.73% | -1.06% | -98.67% |
Average DrawdownAverage peak-to-trough decline | -82.43% | -7.74% | -74.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.15% | 1.74% | +15.41% |
Volatility
DXD vs. QTJL - Volatility Comparison
ProShares UltraShort Dow30 (DXD) has a higher volatility of 8.39% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 6.74%. This indicates that DXD'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
| DXD | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.39% | 6.74% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 20.20% | 9.96% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.32% | 11.92% | +13.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.65% | 20.47% | +9.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.94% | 20.32% | +14.62% |
DXD vs. QTJL - Expense Ratio Comparison
DXD has a 0.95% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
DXD vs. QTJL - Dividend Comparison
DXD's dividend yield for the trailing twelve months is around 4.27%, while QTJL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DXD ProShares UltraShort Dow30 | 4.27% | 4.25% | 5.91% | 3.87% | 0.25% | 0.00% | 0.31% | 1.76% | 1.15% | 0.12% |
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
DXD and QTJL have a correlation of -0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXD has higher volatility (8.39%) compared to QTJL (6.74%). In terms of maximum drawdown, DXD dropped -99.73% vs QTJL's -33.40%.
On 5-year performance, QTJL leads with 9.58% vs -16.28% for DXD. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 6.74%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QTJL has performed better with a 9.58% return vs -16.28%. 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 0.95% for DXD.
DXD has the higher dividend yield at 4.27%, compared with 0.00% for QTJL.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for DXD and 0.79% for QTJL.
QTJL currently has the higher Sharpe Ratio (1.23 vs -1.25), 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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