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GEVG vs. QTAP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GEVG vs. QTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long GEV Daily ETF (GEVG) and Innovator Growth Accelerated Plus ETF - April (QTAP). The values are adjusted to include any dividend payments, if applicable.

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GEVG vs. QTAP - Yearly Performance Comparison


Returns By Period

In the year-to-date period, GEVG achieves a 64.65% return, which is significantly higher than QTAP's 1.26% return.


GEVG

1D
13.55%
1M
-3.29%
YTD
64.65%
6M
1Y
3Y*
5Y*
10Y*

QTAP

1D
-0.51%
1M
0.09%
YTD
1.26%
6M
3.74%
1Y
19.73%
3Y*
18.89%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GEVG vs. QTAP - Expense Ratio Comparison

GEVG has a 0.75% expense ratio, which is lower than QTAP's 0.79% expense ratio.


Return for Risk

GEVG vs. QTAP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GEVG

QTAP
QTAP Risk / Return Rank: 8080
Overall Rank
QTAP Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
QTAP Sortino Ratio Rank: 7676
Sortino Ratio Rank
QTAP Omega Ratio Rank: 9595
Omega Ratio Rank
QTAP Calmar Ratio Rank: 6868
Calmar Ratio Rank
QTAP Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GEVG vs. QTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEV Daily ETF (GEVG) and Innovator Growth Accelerated Plus ETF - April (QTAP). 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.

GEVG vs. QTAP - Sharpe Ratio Comparison


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Sharpe Ratios by Period


GEVGQTAPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.22

Sharpe Ratio (All Time)

Calculated using the full available price history

3.02

0.62

+2.40

Correlation

The correlation between GEVG and QTAP is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

GEVG vs. QTAP - Dividend Comparison

Neither GEVG nor QTAP has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GEVG vs. QTAP - Drawdown Comparison

The maximum GEVG drawdown since its inception was -22.16%, smaller than the maximum QTAP drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for GEVG and QTAP.


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Drawdown Indicators


GEVGQTAPDifference

Max Drawdown

Largest peak-to-trough decline

-22.16%

-29.44%

+7.28%

Max Drawdown (1Y)

Largest decline over 1 year

-12.04%

Current Drawdown

Current decline from peak

-11.61%

-0.51%

-11.10%

Average Drawdown

Average peak-to-trough decline

-7.42%

-5.21%

-2.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.68%

Volatility

GEVG vs. QTAP - Volatility Comparison


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Volatility by Period


GEVGQTAPDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.76%

Volatility (6M)

Calculated over the trailing 6-month period

2.75%

Volatility (1Y)

Calculated over the trailing 1-year period

95.64%

16.31%

+79.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

95.64%

19.02%

+76.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

95.64%

19.02%

+76.62%