LMTL vs. QTJL
LMTL (Direxion Daily LMT Bull 2X ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Their 0.02 correlation means their historical movements had little consistent relationship. LMTL charges 1.07%/yr vs 0.79%/yr for QTJL.
Performance
LMTL vs. QTJL - Performance Comparison
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Returns By Period
In the year-to-date period, LMTL achieves a 31.80% return, which is significantly higher than QTJL's 2.56% return.
LMTL
- 1D
- 3.26%
- 1M
- 12.42%
- 6M
- -21.47%
- YTD
- 31.80%
- 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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.74M | $1.09M | $1.04M | |
| $200.88K | $354.66K | $247.25K |
LMTL vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LMTL Direxion Daily LMT Bull 2X ETF | 31.80% | 20.96% |
QTJL Innovator Growth Accelerated Plus ETF - July | 2.56% | 8.10% |
Correlation
The correlation between LMTL and QTJL is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025 | 0.02 |
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Return for Risk
LMTL vs. QTJL — Risk / Return Rank
LMTL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTJL
LMTL vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LMT Bull 2X ETF (LMTL) 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.
| LMTL | QTJL | Difference | |
|---|---|---|---|
| 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 | — |
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Drawdowns
LMTL vs. QTJL - Drawdown Comparison
The maximum LMTL drawdown since its inception was -49.46%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for LMTL and QTJL.
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Drawdown Indicators
| LMTL | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.46% | -33.40% | -16.06% |
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 DrawdownCurrent decline from peak | -30.83% | -4.62% | -26.21% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -7.74% | -10.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.73% | — |
Volatility
LMTL vs. QTJL - Volatility Comparison
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Volatility by Period
| LMTL | QTJL | Difference | |
|---|---|---|---|
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 | 54.40% | 11.72% | +42.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.40% | 20.43% | +33.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.40% | 20.30% | +34.10% |
LMTL vs. QTJL - Expense Ratio Comparison
LMTL has a 1.07% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
LMTL vs. QTJL - Dividend Comparison
LMTL's dividend yield for the trailing twelve months is around 3.46%, while QTJL has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
LMTL Direxion Daily LMT Bull 2X ETF | 3.46% | 3.18% |
QTJL Innovator Growth Accelerated Plus ETF - July | 0.00% | 0.00% |
Frequently Asked Questions
LMTL and QTJL have a correlation of 0.02, 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 1.07% for LMTL.
LMTL has the higher dividend yield at 3.46%, compared with 0.00% for QTJL.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.07% for LMTL and 0.79% for QTJL.
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