GMEU vs. XTJL

Last updated Jun 5, 2026

GMEU (T-Rex 2X Long GME Daily Target ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, GMEU returned -68.74% vs 15.63% for XTJL. At a 0.31 correlation, their price movements are largely independent. GMEU charges 1.50%/yr vs 0.79%/yr for XTJL.

Performance

GMEU vs. XTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long GME Daily Target ETF (GMEU) and Innovator U.S. Equity Accelerated Plus ETF - July (XTJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMEU achieves a -0.34% return, which is significantly lower than XTJL's 5.24% return.

GMEU

• 1D: 0.12%
• 1M: -18.73%
• YTD: -0.34%
• 6M: -26.25%
• 1Y: -68.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTJL

• 1D: -0.13%
• 1M: 0.66%
• YTD: 5.24%
• 6M: 6.12%
• 1Y: 15.63%
• 3Y*: 14.56%
• 5Y*: —
• 10Y*: —

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

GMEU vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
GMEU T-Rex 2X Long GME Daily Target ETF	-0.34%	-65.56%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	5.24%	17.93%

Correlation

The correlation between GMEU and XTJL is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.31

Return for Risk

GMEU vs. XTJL — Risk / Return Rank

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

GMEU

GMEU Risk / Return Rank: 2
GMEU Sharpe Ratio Rank: 3
GMEU Sortino Ratio Rank: 3
GMEU Omega Ratio Rank: 2
GMEU Calmar Ratio Rank: 1
GMEU Martin Ratio Rank: 3

XTJL

XTJL Risk / Return Rank: 75
XTJL Sharpe Ratio Rank: 68
XTJL Sortino Ratio Rank: 74
XTJL Omega Ratio Rank: 81
XTJL Calmar Ratio Rank: 65
XTJL Martin Ratio Rank: 86

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.

GMEU vs. XTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long GME Daily Target ETF (GMEU) 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.

	GMEU	XTJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	2.12	-2.93
Sortino ratio: Return per unit of downside risk	-1.12	3.14	-4.26
Omega ratio: Gain probability vs. loss probability	0.85	1.46	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.95	3.07	-4.02
Martin ratio: Return relative to average drawdown	-1.20	17.36	-18.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMEU vs. XTJL - Sharpe Ratio Comparison

The current GMEU Sharpe Ratio is -0.81, which is lower than the XTJL Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of GMEU and XTJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GMEU	XTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	2.12	-2.93
Sharpe Ratio (All Time) Calculated using the full available price history	-0.70	0.64	-1.34

Drawdowns

GMEU vs. XTJL - Drawdown Comparison

The maximum GMEU drawdown since its inception was -80.43%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for GMEU and XTJL.

Drawdown Indicators

	GMEU	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-80.43%	-23.24%	-57.19%
Max Drawdown (1Y) Largest decline over 1 year	-72.75%	-5.12%	-67.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.70%	—
Current Drawdown Current decline from peak	-77.91%	-0.13%	-77.78%
Average Drawdown Average peak-to-trough decline	-63.24%	-4.04%	-59.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	57.19%	0.90%	+56.29%

Volatility

GMEU vs. XTJL - Volatility Comparison

T-Rex 2X Long GME Daily Target ETF (GMEU) has a higher volatility of 24.54% compared to Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) at 0.31%. This indicates that GMEU's price experiences larger fluctuations and is considered to be riskier than XTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMEU	XTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.54%	0.31%	+24.23%
Volatility (6M) Calculated over the trailing 6-month period	57.61%	5.72%	+51.89%
Volatility (1Y) Calculated over the trailing 1-year period	85.15%	7.42%	+77.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.79%	15.21%	+74.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.79%	15.21%	+74.58%

GMEU vs. XTJL - Expense Ratio Comparison

GMEU has a 1.50% expense ratio, which is higher than XTJL's 0.79% expense ratio.

Dividends

GMEU vs. XTJL - Dividend Comparison

Neither GMEU nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GMEU and XTJL in my portfolio?

GMEU and XTJL have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GMEU or XTJL?

GMEU has higher volatility (24.54%) compared to XTJL (0.31%). In terms of maximum drawdown, GMEU dropped -80.43% vs XTJL's -23.24%.

Which ETF is better, GMEU or XTJL?

On 1-year performance, XTJL leads with 15.63% vs -68.74% for GMEU. On fees, XTJL is cheaper at 0.79% per year. On volatility, XTJL has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GMEU or XTJL?

Over the 1-year period, XTJL has performed better with a 15.63% return vs -68.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GMEU or XTJL?

XTJL is cheaper with a 0.79% expense ratio, compared with 1.50% for GMEU.

Which ETF pays a higher dividend yield, GMEU or XTJL?

GMEU and XTJL have nearly identical dividend yields, around 0.00%.

What is the main difference between GMEU and XTJL?

They also come from different issuers: T-Rex and Innovator. Their fees differ too: 1.50% for GMEU and 0.79% for XTJL.

Which has better risk-adjusted returns?

XTJL currently has the higher Sharpe Ratio (2.12 vs -0.81), 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.