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GOU vs. QTJL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GOU vs. QTJL - Performance Comparison

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

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Returns By Period

In the year-to-date period, GOU achieves a 13.50% return, which is significantly higher than QTJL's 2.56% return.


GOU

1D
13.42%
1M
-4.86%
6M
-1.53%
YTD
13.50%
1Y
3Y*
5Y*
10Y*
ALL TIME*

QTJL

1D
0.93%
1M
-1.97%
6M
1.77%
YTD
2.56%
1Y
11.97%
3Y*
15.99%
5Y*
9.06%
10Y*
ALL TIME*
9.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$3.72M$2.58M$2.18M
$200.88K$354.66K$247.25K

GOU vs. QTJL - Yearly Performance Comparison


Correlation

The correlation between GOU and QTJL is 0.45, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 2, 2025

0.45

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Return for Risk

GOU vs. QTJL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GOU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


QTJL
QTJL Risk / Return Rank: 3939
Overall Rank
QTJL Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
QTJL Sortino Ratio Rank: 3535
Sortino Ratio Rank
QTJL Omega Ratio Rank: 3838
Omega Ratio Rank
QTJL Calmar Ratio Rank: 3636
Calmar Ratio Rank
QTJL Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GOU vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long GOOGL Daily ETF (GOU) 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.


GOUQTJLDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.18

Calmar ratioReturn relative to maximum drawdown

1.23

Martin ratioReturn relative to average drawdown

6.04

GOU vs. QTJL - Sharpe Ratio Comparison


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Drawdowns

GOU vs. QTJL - Drawdown Comparison

The maximum GOU drawdown since its inception was -40.49%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for GOU and QTJL.


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Drawdown Indicators


GOUQTJLDifference

Max Drawdown

Largest peak-to-trough decline

-40.49%

-33.40%

-7.09%

Max Drawdown (1Y)

Largest decline over 1 year

-8.48%

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

-25.96%

-4.62%

-21.34%

Average Drawdown

Average peak-to-trough decline

-14.59%

-7.74%

-6.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.73%

Volatility

GOU vs. QTJL - Volatility Comparison


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Volatility by Period


GOUQTJLDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.45%

Volatility (6M)

Calculated over the trailing 6-month period

9.63%

Volatility (1Y)

Calculated over the trailing 1-year period

64.73%

11.72%

+53.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

64.73%

20.43%

+44.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

64.73%

20.30%

+44.43%

GOU vs. QTJL - Expense Ratio Comparison

GOU has a 1.15% expense ratio, which is higher than QTJL's 0.79% expense ratio.


Dividends

GOU vs. QTJL - Dividend Comparison

Neither GOU nor QTJL has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


GOU and QTJL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QTJL is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QTJL is cheaper with a 0.79% expense ratio, compared with 1.15% for GOU.

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

They also come from different issuers: GraniteShares and Innovator. Their fees differ too: 1.15% for GOU and 0.79% for QTJL.

Portfolio Optimizer

Find the right allocation for GOU and QTJL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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