PLU vs. QTJL
PLU (Defiance Daily Target 2X Long PL ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. PLU is passively managed, while QTJL is actively managed. Their 0.33 correlation means their historical movements had little consistent relationship. PLU charges 1.31%/yr vs 0.79%/yr for QTJL.
Performance
PLU vs. QTJL - Performance Comparison
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Returns By Period
PLU
- 1D
- 1.64%
- 1M
- -59.80%
- 6M
- -67.55%
- YTD
- —
- 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) |
|---|---|---|---|
| $846.68K | $1.41M | $9.38M | |
| $200.88K | $354.66K | $247.25K |
PLU vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PLU Defiance Daily Target 2X Long PL ETF | -58.39% |
QTJL Innovator Growth Accelerated Plus ETF - July | 1.90% |
Correlation
The correlation between PLU and QTJL is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026 | 0.33 |
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Return for Risk
PLU vs. QTJL — Risk / Return Rank
PLU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTJL
PLU vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long PL ETF (PLU) 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.
| PLU | 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
PLU vs. QTJL - Drawdown Comparison
The maximum PLU drawdown since its inception was -89.58%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for PLU and QTJL.
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Drawdown Indicators
| PLU | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.58% | -33.40% | -56.18% |
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 | -88.51% | -4.62% | -83.89% |
Average DrawdownAverage peak-to-trough decline | -34.87% | -7.74% | -27.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.73% | — |
Volatility
PLU vs. QTJL - Volatility Comparison
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Volatility by Period
| PLU | 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 | 203.39% | 11.72% | +191.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.39% | 20.43% | +182.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.39% | 20.30% | +183.09% |
PLU vs. QTJL - Expense Ratio Comparison
PLU has a 1.31% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
PLU vs. QTJL - Dividend Comparison
Neither PLU nor QTJL has paid dividends to shareholders.
Frequently Asked Questions
PLU and QTJL have a correlation of 0.33, 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 1.31% for PLU.
PLU and QTJL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Innovator. Their fees differ too: 1.31% for PLU and 0.79% for QTJL.
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