QTJL vs. COIG

Last updated Jun 26, 2026

QTJL (Innovator Growth Accelerated Plus ETF - July) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, QTJL returned 18.39% vs -91.61% for COIG. A 0.60 correlation means they provide meaningful diversification when combined. QTJL charges 0.79%/yr vs 0.75%/yr for COIG.

Performance

QTJL vs. COIG - Performance Comparison

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

Returns By Period

In the year-to-date period, QTJL achieves a 7.41% return, which is significantly higher than COIG's -72.36% return.

QTJL

• 1D: 0.01%
• 1M: 0.38%
• YTD: 7.41%
• 6M: 6.99%
• 1Y: 18.39%
• 3Y*: 19.04%
• 5Y*: —
• 10Y*: —

COIG

• 1D: -10.09%
• 1M: -40.56%
• YTD: -72.36%
• 6M: -75.50%
• 1Y: -91.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QTJL vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
QTJL Innovator Growth Accelerated Plus ETF - July	7.41%	29.86%
COIG Leverage Shares 2X Long COIN Daily ETF	-72.36%	-10.62%

Correlation

The correlation between QTJL and COIG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.60

The correlation between QTJL and COIG has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

Return for Risk

QTJL vs. COIG — Risk / Return Rank

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

QTJL

QTJL Risk / Return Rank: 71
QTJL Sharpe Ratio Rank: 65
QTJL Sortino Ratio Rank: 67
QTJL Omega Ratio Rank: 75
QTJL Calmar Ratio Rank: 64
QTJL Martin Ratio Rank: 83

COIG

COIG Risk / Return Rank: 2
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 1
COIG Omega Ratio Rank: 2
COIG Calmar Ratio Rank: 1
COIG Martin Ratio Rank: 3

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.

QTJL vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - July (QTJL) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.

	QTJL	COIG	Difference
Sharpe ratio: Return per unit of total volatility	1.87	-0.69	+2.56
Sortino ratio: Return per unit of downside risk	2.68	-1.64	+4.32
Omega ratio: Gain probability vs. loss probability	1.39	0.82	+0.57
Calmar ratio: Return relative to maximum drawdown	2.76	-0.98	+3.74
Martin ratio: Return relative to average drawdown	14.56	-1.31	+15.88

QTJL vs. COIG - Sharpe Ratio Comparison

The current QTJL Sharpe Ratio is 1.87, which is higher than the COIG Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of QTJL and COIG, 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

QTJL vs. COIG - Drawdown Comparison

The maximum QTJL drawdown since its inception was -33.40%, smaller than the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for QTJL and COIG.

Drawdown Indicators

	QTJL	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-33.40%	-93.79%	+60.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-93.79%	+87.11%
Max Drawdown (3Y) Largest decline over 3 years	-22.43%	—	—
Current Drawdown Current decline from peak	-0.01%	-93.79%	+93.78%
Average Drawdown Average peak-to-trough decline	-7.84%	-53.42%	+45.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.27%	69.59%	-68.32%

Volatility

QTJL vs. COIG - Volatility Comparison

The current volatility for Innovator Growth Accelerated Plus ETF - July (QTJL) is 0.59%, while Leverage Shares 2X Long COIN Daily ETF (COIG) has a volatility of 37.32%. This indicates that QTJL experiences smaller price fluctuations and is considered to be less risky than COIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTJL	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	37.32%	-36.73%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	102.67%	-95.30%
Volatility (1Y) Calculated over the trailing 1-year period	9.86%	133.89%	-124.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	145.32%	-125.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.29%	145.32%	-125.03%

QTJL vs. COIG - Expense Ratio Comparison

QTJL has a 0.79% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

QTJL vs. COIG - Dividend Comparison

Neither QTJL nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QTJL and COIG in my portfolio?

QTJL and COIG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTJL or COIG?

COIG has higher volatility (37.32%) compared to QTJL (0.59%). In terms of maximum drawdown, QTJL dropped -33.40% vs COIG's -93.79%.

Which ETF is better, QTJL or COIG?

On 1-year performance, QTJL leads with 18.39% vs -91.61% for COIG. On fees, COIG is cheaper at 0.75% per year. On volatility, QTJL has been the lower-risk option at 0.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTJL or COIG?

Over the 1-year period, QTJL has performed better with a 18.39% return vs -91.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTJL or COIG?

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

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

QTJL and COIG have nearly identical dividend yields, around 0.00%.

What is the main difference between QTJL and COIG?

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

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (1.87 vs -0.69), 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.