GLGG vs. QTJL
GLGG (Leverage Shares 2X Long GLXY Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. GLGG charges 0.76%/yr vs 0.79%/yr for QTJL.
Performance
GLGG vs. QTJL - Performance Comparison
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Returns By Period
In the year-to-date period, GLGG achieves a 1.59% return, which is significantly lower than QTJL's 7.18% return.
GLGG
- 1D
- -0.43%
- 1M
- -16.56%
- YTD
- 1.59%
- 6M
- -37.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTJL
- 1D
- 0.02%
- 1M
- 1.08%
- YTD
- 7.18%
- 6M
- 7.93%
- 1Y
- 20.28%
- 3Y*
- 19.18%
- 5Y*
- —
- 10Y*
- —
GLGG vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLGG Leverage Shares 2X Long GLXY Daily ETF | 1.59% | -36.55% |
QTJL Innovator Growth Accelerated Plus ETF - July | 7.18% | 7.32% |
Correlation
The correlation between GLGG and QTJL is 0.50, 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 Aug 22, 2025 | 0.50 |
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Return for Risk
GLGG vs. QTJL — Risk / Return Rank
GLGG
QTJL
GLGG vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GLXY Daily ETF (GLGG) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| GLGG | QTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | 0.52 | -0.77 |
Drawdowns
GLGG vs. QTJL - Drawdown Comparison
The maximum GLGG drawdown since its inception was -90.66%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for GLGG and QTJL.
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Drawdown Indicators
| GLGG | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.66% | -33.40% | -57.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.43% | — |
Current DrawdownCurrent decline from peak | -77.42% | 0.00% | -77.42% |
Average DrawdownAverage peak-to-trough decline | -57.94% | -7.93% | -50.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.27% | — |
Volatility
GLGG vs. QTJL - Volatility Comparison
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Volatility by Period
| GLGG | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 175.94% | 9.99% | +165.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 175.94% | 20.42% | +155.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 175.94% | 20.42% | +155.52% |
GLGG vs. QTJL - Expense Ratio Comparison
GLGG has a 0.76% expense ratio, which is lower than QTJL's 0.79% expense ratio.
Dividends
GLGG vs. QTJL - Dividend Comparison
Neither GLGG nor QTJL has paid dividends to shareholders.
Frequently Asked Questions
GLGG and QTJL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLGG is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLGG is cheaper with a 0.76% expense ratio, compared with 0.79% for QTJL.
GLGG and QTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Innovator. Their fees differ too: 0.76% for GLGG and 0.79% for QTJL.
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