GOU vs. XTAP
GOU (GraniteShares 2x Long GOOGL Daily ETF) and XTAP (Innovator U.S. Equity Accelerated Plus ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. GOU charges 1.15%/yr vs 0.79%/yr for XTAP.
Performance
GOU vs. XTAP - Performance Comparison
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Returns By Period
In the year-to-date period, GOU achieves a 13.50% return, which is significantly higher than XTAP's 12.47% return.
GOU
- 1D
- 13.42%
- 1M
- -4.86%
- 6M
- -1.53%
- YTD
- 13.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
XTAP
- 1D
- 0.47%
- 1M
- 1.02%
- 6M
- 11.93%
- YTD
- 12.47%
- 1Y
- 19.11%
- 3Y*
- 16.76%
- 5Y*
- 10.76%
- 10Y*
- —
- ALL TIME*
- 11.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.72M | $2.58M | $2.18M | |
| $36.55K | $24.82K | $30.58K |
GOU vs. XTAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GOU GraniteShares 2x Long GOOGL Daily ETF | 13.50% | -4.00% |
XTAP Innovator U.S. Equity Accelerated Plus ETF | 12.47% | 1.19% |
Correlation
The correlation between GOU and XTAP is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025 | 0.57 |
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Return for Risk
GOU vs. XTAP — Risk / Return Rank
GOU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XTAP
GOU vs. XTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long GOOGL Daily ETF (GOU) and Innovator U.S. Equity Accelerated Plus ETF (XTAP). 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.
| GOU | XTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.92 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 10.71 | — |
| Martin ratioReturn relative to average drawdown | — | 54.76 | — |
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Drawdowns
GOU vs. XTAP - Drawdown Comparison
The maximum GOU drawdown since its inception was -40.49%, which is greater than XTAP's maximum drawdown of -22.13%. Use the drawdown chart below to compare losses from any high point for GOU and XTAP.
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Drawdown Indicators
| GOU | XTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.49% | -22.13% | -18.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.72% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.83% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.13% | — |
Current DrawdownCurrent decline from peak | -25.96% | 0.00% | -25.96% |
Average DrawdownAverage peak-to-trough decline | -14.59% | -3.36% | -11.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.34% | — |
Volatility
GOU vs. XTAP - Volatility Comparison
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Volatility by Period
| GOU | XTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 64.73% | 4.93% | +59.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.73% | 14.53% | +50.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.73% | 14.23% | +50.50% |
GOU vs. XTAP - Expense Ratio Comparison
GOU has a 1.15% expense ratio, which is higher than XTAP's 0.79% expense ratio.
Dividends
GOU vs. XTAP - Dividend Comparison
Neither GOU nor XTAP has paid dividends to shareholders.
Frequently Asked Questions
GOU and XTAP have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XTAP is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XTAP is cheaper with a 0.79% expense ratio, compared with 1.15% for GOU.
GOU and XTAP 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 XTAP.
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