ISUL vs. XTJL

Last updated Jun 4, 2026

ISUL (GraniteShares 2X Long ISRG Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. ISUL charges 1.50%/yr vs 0.79%/yr for XTJL.

Performance

ISUL vs. XTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2X Long ISRG Daily ETF (ISUL) 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, ISUL achieves a -52.15% return, which is significantly lower than XTJL's 5.38% return.

ISUL

• 1D: 2.45%
• 1M: -20.59%
• YTD: -52.15%
• 6M: -53.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTJL

• 1D: 0.02%
• 1M: 1.01%
• YTD: 5.38%
• 6M: 6.35%
• 1Y: 15.58%
• 3Y*: 14.67%
• 5Y*: —
• 10Y*: —

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

ISUL vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
ISUL GraniteShares 2X Long ISRG Daily ETF	-52.15%	56.51%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	5.38%	2.61%

Correlation

The correlation between ISUL and XTJL is 0.54, 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 Oct 8, 2025	0.54

Return for Risk

ISUL vs. XTJL — Risk / Return Rank

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

XTJL

XTJL Risk / Return Rank: 72
XTJL Sharpe Ratio Rank: 65
XTJL Sortino Ratio Rank: 70
XTJL Omega Ratio Rank: 79
XTJL Calmar Ratio Rank: 63
XTJL Martin Ratio Rank: 85

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.

ISUL vs. XTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long ISRG Daily ETF (ISUL) 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.

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

Sharpe Ratios by Period

	ISUL	XTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	0.65	-1.19

Drawdowns

ISUL vs. XTJL - Drawdown Comparison

The maximum ISUL drawdown since its inception was -57.20%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for ISUL and XTJL.

Drawdown Indicators

	ISUL	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-57.20%	-23.24%	-33.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.70%	—
Current Drawdown Current decline from peak	-56.15%	0.00%	-56.15%
Average Drawdown Average peak-to-trough decline	-24.10%	-4.04%	-20.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	ISUL	XTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	66.65%	7.42%	+59.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.65%	15.21%	+51.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.65%	15.21%	+51.44%

ISUL vs. XTJL - Expense Ratio Comparison

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

Dividends

ISUL vs. XTJL - Dividend Comparison

Neither ISUL nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ISUL and XTJL in my portfolio?

ISUL and XTJL have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISUL or XTJL?

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

Which ETF is cheaper, ISUL or XTJL?

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

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

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

What is the main difference between ISUL and XTJL?

They also come from different issuers: GraniteShares and Innovator. Their fees differ too: 1.50% for ISUL and 0.79% for XTJL.