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QTJL vs. ALTL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QTJL and ALTL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

QTJL vs. ALTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth Accelerated Plus ETF - July (QTJL) and Pacer Lunt Large Cap Alternator ETF (ALTL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QTJL:

0.56

ALTL:

-0.19

Sortino Ratio

QTJL:

1.00

ALTL:

-0.15

Omega Ratio

QTJL:

1.16

ALTL:

0.98

Calmar Ratio

QTJL:

0.66

ALTL:

-0.11

Martin Ratio

QTJL:

2.70

ALTL:

-0.43

Ulcer Index

QTJL:

5.45%

ALTL:

7.17%

Daily Std Dev

QTJL:

26.02%

ALTL:

15.94%

Max Drawdown

QTJL:

-33.40%

ALTL:

-31.91%

Current Drawdown

QTJL:

0.00%

ALTL:

-25.55%

Returns By Period

In the year-to-date period, QTJL achieves a 5.24% return, which is significantly higher than ALTL's -10.27% return.


QTJL

YTD

5.24%

1M

15.50%

6M

5.91%

1Y

14.53%

5Y*

N/A

10Y*

N/A

ALTL

YTD

-10.27%

1M

-1.25%

6M

-14.11%

1Y

-2.99%

5Y*

N/A

10Y*

N/A

*Annualized

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QTJL vs. ALTL - Expense Ratio Comparison

QTJL has a 0.79% expense ratio, which is higher than ALTL's 0.60% expense ratio.


Risk-Adjusted Performance

QTJL vs. ALTL — Risk-Adjusted Performance Rank

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

QTJL
The Risk-Adjusted Performance Rank of QTJL is 6464
Overall Rank
The Sharpe Ratio Rank of QTJL is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of QTJL is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QTJL is 7070
Omega Ratio Rank
The Calmar Ratio Rank of QTJL is 6666
Calmar Ratio Rank
The Martin Ratio Rank of QTJL is 6868
Martin Ratio Rank

ALTL
The Risk-Adjusted Performance Rank of ALTL is 1010
Overall Rank
The Sharpe Ratio Rank of ALTL is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTL is 99
Sortino Ratio Rank
The Omega Ratio Rank of ALTL is 99
Omega Ratio Rank
The Calmar Ratio Rank of ALTL is 1010
Calmar Ratio Rank
The Martin Ratio Rank of ALTL is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QTJL vs. ALTL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - July (QTJL) and Pacer Lunt Large Cap Alternator ETF (ALTL). 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.


The current QTJL Sharpe Ratio is 0.56, which is higher than the ALTL Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of QTJL and ALTL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

QTJL vs. ALTL - Dividend Comparison

QTJL has not paid dividends to shareholders, while ALTL's dividend yield for the trailing twelve months is around 1.54%.


TTM20242023202220212020
QTJL
Innovator Growth Accelerated Plus ETF - July
0.00%0.00%0.00%0.00%0.00%0.00%
ALTL
Pacer Lunt Large Cap Alternator ETF
1.54%1.56%1.28%1.23%1.06%0.75%

Drawdowns

QTJL vs. ALTL - Drawdown Comparison

The maximum QTJL drawdown since its inception was -33.40%, roughly equal to the maximum ALTL drawdown of -31.91%. Use the drawdown chart below to compare losses from any high point for QTJL and ALTL. For additional features, visit the drawdowns tool.


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Volatility

QTJL vs. ALTL - Volatility Comparison

Innovator Growth Accelerated Plus ETF - July (QTJL) has a higher volatility of 9.23% compared to Pacer Lunt Large Cap Alternator ETF (ALTL) at 3.59%. This indicates that QTJL's price experiences larger fluctuations and is considered to be riskier than ALTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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