NBIL vs. QTJL
NBIL (GraniteShares 2X Long NBIS Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Their 0.41 correlation means their historical movements had little consistent relationship. NBIL charges 1.50%/yr vs 0.79%/yr for QTJL.
Performance
NBIL vs. QTJL - Performance Comparison
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Returns By Period
In the year-to-date period, NBIL achieves a 133.11% return, which is significantly higher than QTJL's 2.56% return.
NBIL
- 1D
- 2.88%
- 1M
- -36.49%
- 6M
- 140.41%
- YTD
- 133.11%
- 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) |
|---|---|---|---|
| $101.88M | $87.37M | $73.33M | |
| $200.88K | $354.66K | $247.25K |
NBIL vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 133.11% | -65.28% |
QTJL Innovator Growth Accelerated Plus ETF - July | 2.56% | 2.61% |
Correlation
The correlation between NBIL and QTJL is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | 0.41 |
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Return for Risk
NBIL vs. QTJL — Risk / Return Rank
NBIL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTJL
NBIL vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long NBIS Daily ETF (NBIL) 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.
| NBIL | 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
NBIL vs. QTJL - Drawdown Comparison
The maximum NBIL drawdown since its inception was -78.84%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for NBIL and QTJL.
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Drawdown Indicators
| NBIL | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -33.40% | -45.44% |
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 | -66.62% | -4.62% | -62.00% |
Average DrawdownAverage peak-to-trough decline | -43.76% | -7.74% | -36.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.73% | — |
Volatility
NBIL vs. QTJL - Volatility Comparison
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Volatility by Period
| NBIL | 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 | 216.76% | 11.72% | +205.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 216.76% | 20.43% | +196.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 216.76% | 20.30% | +196.46% |
NBIL vs. QTJL - Expense Ratio Comparison
NBIL has a 1.50% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
NBIL vs. QTJL - Dividend Comparison
Neither NBIL nor QTJL has paid dividends to shareholders.
Frequently Asked Questions
NBIL and QTJL have a correlation of 0.41, 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 1.50% for NBIL.
NBIL and QTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Innovator. Their fees differ too: 1.50% for NBIL and 0.79% for QTJL.
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