QQXL vs. QTJL
QQXL (ProShares Ultra QQQ Top 30) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. QQXL charges 0.95%/yr vs 0.79%/yr for QTJL.
Performance
QQXL vs. QTJL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQXL achieves a 41.81% return, which is significantly higher than QTJL's 7.18% return.
QQXL
- 1D
- -1.36%
- 1M
- 16.51%
- YTD
- 41.81%
- 6M
- 39.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTJL
- 1D
- 0.02%
- 1M
- 1.08%
- YTD
- 7.18%
- 6M
- 7.93%
- 1Y
- 20.28%
- 3Y*
- 19.18%
- 5Y*
- —
- 10Y*
- —
QQXL vs. QTJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 41.81% | 8.66% |
QTJL Innovator Growth Accelerated Plus ETF - July | 7.18% | 5.75% |
Correlation
The correlation between QQXL and QTJL is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 18, 2025 | 0.88 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQXL vs. QTJL — Risk / Return Rank
QQXL
QTJL
QQXL vs. QTJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| QQXL | QTJL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.95 | 0.52 | +1.43 |
Drawdowns
QQXL vs. QTJL - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for QQXL and QTJL.
Loading charts...
Drawdown Indicators
| QQXL | QTJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -33.40% | +6.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.43% | — |
Current DrawdownCurrent decline from peak | -1.84% | 0.00% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -7.93% | +1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.27% | — |
Volatility
QQXL vs. QTJL - Volatility Comparison
Loading charts...
Volatility by Period
| QQXL | QTJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 36.93% | 9.99% | +26.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.93% | 20.42% | +16.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.93% | 20.42% | +16.51% |
QQXL vs. QTJL - Expense Ratio Comparison
QQXL has a 0.95% expense ratio, which is higher than QTJL's 0.79% expense ratio.
Dividends
QQXL vs. QTJL - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.45%, while QTJL has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 0.45% | 0.08% |
QTJL Innovator Growth Accelerated Plus ETF - July | 0.00% | 0.00% |
Frequently Asked Questions
QQXL and QTJL have a correlation of 0.88, 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 0.95% for QQXL.
QQXL has the higher dividend yield at 0.45%, compared with 0.00% for QTJL.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for QQXL and 0.79% for QTJL.
Find the right allocation for QQXL and QTJL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer