FDRX vs. XTJL
FDRX (Founder-Led 2X Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. FDRX is passively managed, while XTJL is actively managed. A 0.68 correlation means they provide meaningful diversification when combined. FDRX charges 1.08%/yr vs 0.79%/yr for XTJL.
Performance
FDRX vs. XTJL - Performance Comparison
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Returns By Period
FDRX
- 1D
- -4.53%
- 1M
- -7.87%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTJL
- 1D
- -0.06%
- 1M
- 0.45%
- YTD
- 5.60%
- 6M
- 5.32%
- 1Y
- 14.52%
- 3Y*
- 14.41%
- 5Y*
- —
- 10Y*
- —
FDRX vs. XTJL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FDRX Founder-Led 2X Daily ETF | -20.80% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 5.05% |
Correlation
The correlation between FDRX and XTJL is 0.68, 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 Jan 15, 2026 | 0.68 |
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Return for Risk
FDRX vs. XTJL — Risk / Return Rank
FDRX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XTJL
FDRX vs. XTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) 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.
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.
| FDRX | XTJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.85 | — |
| Martin ratioReturn relative to average drawdown | — | 16.13 | — |
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Drawdowns
FDRX vs. XTJL - Drawdown Comparison
The maximum FDRX drawdown since its inception was -39.78%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for FDRX and XTJL.
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Drawdown Indicators
| FDRX | XTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.78% | -23.24% | -16.54% |
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 | -22.32% | -0.06% | -22.26% |
Average DrawdownAverage peak-to-trough decline | -20.00% | -4.00% | -16.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.90% | — |
Volatility
FDRX vs. XTJL - Volatility Comparison
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Volatility by Period
| FDRX | XTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 58.87% | 7.35% | +51.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.87% | 15.14% | +43.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.87% | 15.14% | +43.73% |
FDRX vs. XTJL - Expense Ratio Comparison
FDRX has a 1.08% expense ratio, which is higher than XTJL's 0.79% expense ratio.
Dividends
FDRX vs. XTJL - Dividend Comparison
Neither FDRX nor XTJL has paid dividends to shareholders.
Frequently Asked Questions
FDRX and XTJL have a correlation of 0.68, 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 1.08% for FDRX.
FDRX and XTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Corgi Strategies and Innovator. Their fees differ too: 1.08% for FDRX and 0.79% for XTJL.
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