PBRG vs. XTJL

Last updated Jun 6, 2026

PBRG (Leverage Shares 2X Long PBR Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. PBRG is passively managed, while XTJL is actively managed. At a correlation of -0.03, they often move in opposite directions. PBRG charges 0.75%/yr vs 0.79%/yr for XTJL.

Performance

PBRG vs. XTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PBR Daily ETF (PBRG) 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, PBRG achieves a 110.89% return, which is significantly higher than XTJL's 5.24% return.

PBRG

• 1D: -3.51%
• 1M: -27.22%
• YTD: 110.89%
• 6M: —
• 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*: —

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

PBRG vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
PBRG Leverage Shares 2X Long PBR Daily ETF	110.89%	7.59%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	5.24%	0.87%

Correlation

The correlation between PBRG and XTJL is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025	-0.03

Return for Risk

PBRG 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: 75
XTJL Sharpe Ratio Rank: 68
XTJL Sortino Ratio Rank: 74
XTJL Omega Ratio Rank: 81
XTJL Calmar Ratio Rank: 65
XTJL Martin Ratio Rank: 86

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.

PBRG vs. XTJL - Risk-Adjusted Trends Comparison

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

	PBRG	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	7.14	0.64	+6.50

Drawdowns

PBRG vs. XTJL - Drawdown Comparison

The maximum PBRG drawdown since its inception was -34.71%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for PBRG and XTJL.

Drawdown Indicators

	PBRG	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-34.71%	-23.24%	-11.47%
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	-34.71%	-0.13%	-34.58%
Average Drawdown Average peak-to-trough decline	-6.54%	-4.04%	-2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	PBRG	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	70.61%	7.42%	+63.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.61%	15.21%	+55.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.61%	15.21%	+55.40%

PBRG vs. XTJL - Expense Ratio Comparison

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

Dividends

PBRG vs. XTJL - Dividend Comparison

Neither PBRG nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PBRG and XTJL in my portfolio?

PBRG and XTJL have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBRG or XTJL?

On fees, PBRG 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, PBRG or XTJL?

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

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

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

What is the main difference between PBRG and XTJL?

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