NVDB vs. XTJL
NVDB (ProShares Ultra NVDA) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. NVDB is passively managed, while XTJL is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. NVDB charges 0.95%/yr vs 0.79%/yr for XTJL.
Performance
NVDB vs. XTJL - Performance Comparison
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Returns By Period
In the year-to-date period, NVDB achieves a 8.52% return, which is significantly higher than XTJL's 5.24% return.
NVDB
- 1D
- -11.96%
- 1M
- -4.46%
- YTD
- 8.52%
- 6M
- 12.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTJL
- 1D
- -0.13%
- 1M
- 0.66%
- YTD
- 5.24%
- 6M
- 6.12%
- 1Y
- 15.63%
- 3Y*
- 14.56%
- 5Y*
- —
- 10Y*
- —
NVDB vs. XTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDB ProShares Ultra NVDA | 8.52% | 2.15% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 5.24% | 3.75% |
Correlation
The correlation between NVDB and XTJL is 0.52, 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 Sep 11, 2025 | 0.52 |
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Return for Risk
NVDB vs. XTJL — Risk / Return Rank
NVDB
XTJL
NVDB vs. XTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra NVDA (NVDB) 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.
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Sharpe Ratios by Period
| NVDB | XTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.64 | -0.44 |
Drawdowns
NVDB vs. XTJL - Drawdown Comparison
The maximum NVDB drawdown since its inception was -42.89%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for NVDB and XTJL.
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Drawdown Indicators
| NVDB | XTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.89% | -23.24% | -19.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.12% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.70% | — |
Current DrawdownCurrent decline from peak | -25.33% | -0.13% | -25.20% |
Average DrawdownAverage peak-to-trough decline | -18.84% | -4.04% | -14.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.90% | — |
Volatility
NVDB vs. XTJL - Volatility Comparison
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Volatility by Period
| NVDB | 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 | 74.10% | 7.42% | +66.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.10% | 15.21% | +58.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.10% | 15.21% | +58.89% |
NVDB vs. XTJL - Expense Ratio Comparison
NVDB has a 0.95% expense ratio, which is higher than XTJL's 0.79% expense ratio.
Dividends
NVDB vs. XTJL - Dividend Comparison
NVDB's dividend yield for the trailing twelve months is around 1.00%, while XTJL has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
NVDB ProShares Ultra NVDA | 1.00% | 0.55% |
XTJL Innovator U.S. Equity Accelerated Plus ETF - July | 0.00% | 0.00% |
Frequently Asked Questions
NVDB and XTJL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XTJL is cheaper with a 0.79% expense ratio, compared with 0.95% for NVDB.
NVDB has the higher dividend yield at 1.00%, compared with 0.00% for XTJL.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for NVDB and 0.79% for XTJL.
Find the right allocation for NVDB and XTJL
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