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

Correlation

The correlation between QTJL and SPY is 0.91, 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. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth Accelerated Plus ETF - July (QTJL) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QTJL:

0.56

SPY:

0.68

Sortino Ratio

QTJL:

1.00

SPY:

1.13

Omega Ratio

QTJL:

1.16

SPY:

1.17

Calmar Ratio

QTJL:

0.66

SPY:

0.76

Martin Ratio

QTJL:

2.70

SPY:

2.93

Ulcer Index

QTJL:

5.45%

SPY:

4.87%

Daily Std Dev

QTJL:

26.02%

SPY:

20.29%

Max Drawdown

QTJL:

-33.40%

SPY:

-55.19%

Current Drawdown

QTJL:

0.00%

SPY:

-3.85%

Returns By Period

In the year-to-date period, QTJL achieves a 5.24% return, which is significantly higher than SPY's 0.56% return.


QTJL

YTD

5.24%

1M

15.50%

6M

5.91%

1Y

14.53%

5Y*

N/A

10Y*

N/A

SPY

YTD

0.56%

1M

8.99%

6M

-0.98%

1Y

13.71%

5Y*

17.23%

10Y*

12.67%

*Annualized

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QTJL vs. SPY - Expense Ratio Comparison

QTJL has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.


Risk-Adjusted Performance

QTJL vs. SPY — 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

SPY
The Risk-Adjusted Performance Rank of SPY is 6868
Overall Rank
The Sharpe Ratio Rank of SPY is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6767
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 7171
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 7171
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 7171
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. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - July (QTJL) and SPDR S&P 500 ETF (SPY). 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 comparable to the SPY Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of QTJL and SPY, 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. SPY - Dividend Comparison

QTJL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.


TTM20242023202220212020201920182017201620152014
QTJL
Innovator Growth Accelerated Plus ETF - July
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.22%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

QTJL vs. SPY - Drawdown Comparison

The maximum QTJL drawdown since its inception was -33.40%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for QTJL and SPY. For additional features, visit the drawdowns tool.


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Volatility

QTJL vs. SPY - Volatility Comparison

Innovator Growth Accelerated Plus ETF - July (QTJL) has a higher volatility of 9.23% compared to SPDR S&P 500 ETF (SPY) at 6.24%. This indicates that QTJL's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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