KLAG vs. XTJL

Last updated Aug 1, 2026

KLAG (Leverage Shares 2X Long KLAC Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. KLAG is passively managed, while XTJL is actively managed. Their 0.49 correlation means their historical movements had little consistent relationship. KLAG charges 0.75%/yr vs 0.79%/yr for XTJL.

Performance

KLAG vs. XTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long KLAC Daily ETF (KLAG) 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, KLAG achieves a 58.32% return, which is significantly higher than XTJL's 6.32% return.

KLAG

• 1D: 2.71%
• 1M: -42.24%
• 6M: 22.97%
• YTD: 58.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XTJL

• 1D: 0.76%
• 1M: 0.96%
• 6M: 5.49%
• YTD: 6.32%
• 1Y: 14.27%
• 3Y*: 13.98%
• 5Y*: 9.55%
• 10Y*: —
• ALL TIME*: 9.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KLAG Leverage Shares 2X Long KLAC Daily ETF	$2.72M	$5.08M	$4.54M
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	$26.11K	$26.81K	$267.40K

KLAG vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
KLAG Leverage Shares 2X Long KLAC Daily ETF	58.32%	-0.75%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	6.32%	1.35%

Correlation

The correlation between KLAG and XTJL is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	0.49

Return for Risk

KLAG vs. XTJL — Risk / Return Rank

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

KLAG

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

XTJL

XTJL Risk / Return Rank: 79
XTJL Sharpe Ratio Rank: 74
XTJL Sortino Ratio Rank: 77
XTJL Omega Ratio Rank: 84
XTJL Calmar Ratio Rank: 73
XTJL Martin Ratio Rank: 89

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.

KLAG vs. XTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long KLAC Daily ETF (KLAG) 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.

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.

	KLAG	XTJL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	2.55	—
Martin ratio: Return relative to average drawdown	—	14.07	—

Drawdowns

KLAG vs. XTJL - Drawdown Comparison

The maximum KLAG drawdown since its inception was -70.99%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for KLAG and XTJL.

Drawdown Indicators

	KLAG	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-70.99%	-23.24%	-47.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.24%	—
Current Drawdown Current decline from peak	-66.43%	-0.09%	-66.34%
Average Drawdown Average peak-to-trough decline	-19.57%	-3.92%	-15.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.93%	—

Volatility

Volatility by Period

	KLAG	XTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	138.36%	7.79%	+130.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	138.36%	15.11%	+123.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.36%	15.03%	+123.33%

KLAG vs. XTJL - Expense Ratio Comparison

KLAG has a 0.75% expense ratio, which is lower than XTJL's 0.79% expense ratio.

Dividends

KLAG vs. XTJL - Dividend Comparison

Neither KLAG nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KLAG and XTJL in my portfolio?

KLAG and XTJL have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KLAG or XTJL?

On fees, KLAG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KLAG or XTJL?

KLAG is cheaper with a 0.75% expense ratio, compared with 0.79% for XTJL.

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

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

What is the main difference between KLAG and XTJL?

They also come from different issuers: Leverage Shares and Innovator. Their fees differ too: 0.75% for KLAG and 0.79% for XTJL.