PLTG vs. QTJL

Last updated Jul 17, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, PLTG returned -47.73% vs 13.53% for QTJL. At a 0.45 correlation, their price movements are largely independent. PLTG charges 0.75%/yr vs 0.79%/yr for QTJL.

Performance

PLTG vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Innovator Growth Accelerated Plus ETF - July (QTJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTG achieves a -55.06% return, which is significantly lower than QTJL's 4.13% return.

PLTG

• 1D: 1.12%
• 1M: -1.84%
• 6M: -54.21%
• YTD: -55.06%
• 1Y: -47.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: -1.51%
• 1M: -2.95%
• 6M: 3.48%
• YTD: 4.13%
• 1Y: 13.53%
• 3Y*: 16.55%
• 5Y*: 9.73%
• 10Y*: —

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

PLTG vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-55.06%	100.70%
QTJL Innovator Growth Accelerated Plus ETF - July	4.13%	29.90%

Correlation

The correlation between PLTG and QTJL is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025	0.45

Return for Risk

PLTG vs. QTJL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLTG

PLTG Risk / Return Rank: 6
PLTG Sharpe Ratio Rank: 5
PLTG Sortino Ratio Rank: 7
PLTG Omega Ratio Rank: 7
PLTG Calmar Ratio Rank: 4
PLTG Martin Ratio Rank: 4

QTJL

QTJL Risk / Return Rank: 52
QTJL Sharpe Ratio Rank: 44
QTJL Sortino Ratio Rank: 44
QTJL Omega Ratio Rank: 50
QTJL Calmar Ratio Rank: 50
QTJL Martin Ratio Rank: 71

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.

PLTG vs. QTJL - Risk-Adjusted Trends Comparison

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

	PLTG	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	1.28	-1.74
Sortino ratio: Return per unit of downside risk	-0.15	1.83	-1.98
Omega ratio: Gain probability vs. loss probability	0.98	1.26	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.60	2.03	-2.63
Martin ratio: Return relative to average drawdown	-1.02	10.11	-11.13

PLTG vs. QTJL - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.47, which is lower than the QTJL Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of PLTG and QTJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLTG vs. QTJL - Drawdown Comparison

The maximum PLTG drawdown since its inception was -80.11%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for PLTG and QTJL.

Drawdown Indicators

	PLTG	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-80.11%	-33.40%	-46.71%
Max Drawdown (1Y) Largest decline over 1 year	-80.11%	-6.68%	-73.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.40%	—
Current Drawdown Current decline from peak	-69.46%	-3.17%	-66.29%
Average Drawdown Average peak-to-trough decline	-34.16%	-7.77%	-26.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.86%	1.34%	+45.52%

Volatility

PLTG vs. QTJL - Volatility Comparison

Leverage Shares 2X Long PLTR Daily ETF (PLTG) has a higher volatility of 31.48% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 4.19%. This indicates that PLTG's price experiences larger fluctuations and is considered to be riskier than QTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.48%	4.19%	+27.29%
Volatility (6M) Calculated over the trailing 6-month period	80.35%	8.42%	+71.93%
Volatility (1Y) Calculated over the trailing 1-year period	102.79%	10.63%	+92.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.70%	20.34%	+85.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.70%	20.27%	+85.43%

PLTG vs. QTJL - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than QTJL's 0.79% expense ratio.

Dividends

PLTG vs. QTJL - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 40.36%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	40.36%	18.14%
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLTG and QTJL in my portfolio?

PLTG and QTJL have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTG or QTJL?

PLTG has higher volatility (31.48%) compared to QTJL (4.19%). In terms of maximum drawdown, PLTG dropped -80.11% vs QTJL's -33.40%.

Which ETF is better, PLTG or QTJL?

On 1-year performance, QTJL leads with 13.53% vs -47.73% for PLTG. On fees, PLTG is cheaper at 0.75% per year. On volatility, QTJL has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or QTJL?

Over the 1-year period, QTJL has performed better with a 13.53% return vs -47.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or QTJL?

PLTG is cheaper with a 0.75% expense ratio, compared with 0.79% for QTJL.

Which ETF pays a higher dividend yield, PLTG or QTJL?

PLTG has the higher dividend yield at 40.36%, compared with 0.00% for QTJL.

What is the main difference between PLTG and QTJL?

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

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (1.28 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.