GEVX vs. QTJL

Last updated Jul 16, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, GEVX returned 154.94% vs 15.32% for QTJL. At a 0.48 correlation, their price movements are largely independent. GEVX charges 1.30%/yr vs 0.79%/yr for QTJL.

Performance

GEVX vs. QTJL - Performance Comparison

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

Returns By Period

In the year-to-date period, GEVX achieves a 121.30% return, which is significantly higher than QTJL's 5.73% return.

GEVX

• 1D: -2.14%
• 1M: 11.68%
• 6M: 128.37%
• YTD: 121.30%
• 1Y: 154.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: -0.23%
• 1M: -1.49%
• 6M: 5.29%
• YTD: 5.73%
• 1Y: 15.32%
• 3Y*: 17.47%
• 5Y*: 10.06%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GEVX vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	121.30%	23.96%
QTJL Innovator Growth Accelerated Plus ETF - July	5.73%	9.36%

Correlation

The correlation between GEVX and QTJL is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.48

Return for Risk

GEVX vs. QTJL — Risk / Return Rank

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

GEVX

GEVX Risk / Return Rank: 62
GEVX Sharpe Ratio Rank: 53
GEVX Sortino Ratio Rank: 61
GEVX Omega Ratio Rank: 54
GEVX Calmar Ratio Rank: 82
GEVX Martin Ratio Rank: 58

QTJL

QTJL Risk / Return Rank: 60
QTJL Sharpe Ratio Rank: 52
QTJL Sortino Ratio Rank: 52
QTJL Omega Ratio Rank: 60
QTJL Calmar Ratio Rank: 57
QTJL Martin Ratio Rank: 77

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.

GEVX vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) 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.

	GEVX	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.46	+0.04
Sortino ratio: Return per unit of downside risk	2.32	2.09	+0.23
Omega ratio: Gain probability vs. loss probability	1.28	1.30	-0.02
Calmar ratio: Return relative to maximum drawdown	3.46	2.30	+1.16
Martin ratio: Return relative to average drawdown	8.36	11.57	-3.21

GEVX vs. QTJL - Sharpe Ratio Comparison

The current GEVX Sharpe Ratio is 1.50, which is comparable to the QTJL Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of GEVX and QTJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GEVX vs. QTJL - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for GEVX and QTJL.

Drawdown Indicators

	GEVX	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-33.40%	-11.63%
Max Drawdown (1Y) Largest decline over 1 year	-45.03%	-6.68%	-38.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.40%	—
Current Drawdown Current decline from peak	-22.04%	-1.68%	-20.36%
Average Drawdown Average peak-to-trough decline	-15.14%	-7.77%	-7.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.60%	1.33%	+17.27%

Volatility

GEVX vs. QTJL - Volatility Comparison

Tradr 2X Long GEV Daily ETF (GEVX) has a higher volatility of 39.80% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 3.94%. This indicates that GEVX'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.

Volatility by Period

	GEVX	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.80%	3.94%	+35.86%
Volatility (6M) Calculated over the trailing 6-month period	71.74%	8.27%	+63.47%
Volatility (1Y) Calculated over the trailing 1-year period	104.04%	10.51%	+93.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.76%	20.33%	+83.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.76%	20.26%	+83.50%

GEVX vs. QTJL - Expense Ratio Comparison

GEVX has a 1.30% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

GEVX vs. QTJL - Dividend Comparison

Neither GEVX nor QTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVX and QTJL in my portfolio?

GEVX and QTJL have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEVX or QTJL?

GEVX has higher volatility (39.80%) compared to QTJL (3.94%). In terms of maximum drawdown, GEVX dropped -45.03% vs QTJL's -33.40%.

Which ETF is better, GEVX or QTJL?

On 1-year performance, GEVX leads with 154.94% vs 15.32% for QTJL. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 3.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GEVX or QTJL?

Over the 1-year period, GEVX has performed better with a 154.94% return vs 15.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GEVX or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 1.30% for GEVX.

Which ETF pays a higher dividend yield, GEVX or QTJL?

GEVX and QTJL have nearly identical dividend yields, around 0.00%.

What is the main difference between GEVX and QTJL?

They also come from different issuers: Tradr and Innovator. Their fees differ too: 1.30% for GEVX and 0.79% for QTJL.

Which has better risk-adjusted returns?

GEVX currently has the higher Sharpe Ratio (1.50 vs 1.46), 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.