SPOG vs. XTJL

Last updated Jun 24, 2026

SPOG (Leverage Shares 2X Long SPOT Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. SPOG charges 0.75%/yr vs 0.79%/yr for XTJL.

Performance

SPOG vs. XTJL - Performance Comparison

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

Returns By Period

In the year-to-date period, SPOG achieves a -49.59% return, which is significantly lower than XTJL's 5.60% return.

SPOG

• 1D: -1.65%
• 1M: -24.63%
• YTD: -49.59%
• 6M: -49.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTJL

• 1D: -0.06%
• 1M: 0.45%
• YTD: 5.60%
• 6M: 5.32%
• 1Y: 14.52%
• 3Y*: 14.41%
• 5Y*: —
• 10Y*: —

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

SPOG vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
SPOG Leverage Shares 2X Long SPOT Daily ETF	-49.59%	-18.73%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	5.60%	2.43%

Correlation

The correlation between SPOG and XTJL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.17

Return for Risk

SPOG vs. XTJL — Risk / Return Rank

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

SPOG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XTJL

XTJL Risk / Return Rank: 72
XTJL Sharpe Ratio Rank: 65
XTJL Sortino Ratio Rank: 71
XTJL Omega Ratio Rank: 80
XTJL Calmar Ratio Rank: 62
XTJL Martin Ratio Rank: 84

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.

SPOG vs. XTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SPOT Daily ETF (SPOG) and Innovator U.S. Equity Accelerated Plus ETF - July (XTJL). 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.

	SPOG	XTJL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.98	—
Sortino ratio: Return per unit of downside risk	—	2.95	—
Omega ratio: Gain probability vs. loss probability	—	1.44	—
Calmar ratio: Return relative to maximum drawdown	—	2.85	—
Martin ratio: Return relative to average drawdown	—	16.13	—

Drawdowns

SPOG vs. XTJL - Drawdown Comparison

The maximum SPOG drawdown since its inception was -64.41%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for SPOG and XTJL.

Drawdown Indicators

	SPOG	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-64.41%	-23.24%	-41.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.70%	—
Current Drawdown Current decline from peak	-59.44%	-0.06%	-59.38%
Average Drawdown Average peak-to-trough decline	-41.38%	-4.00%	-37.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	SPOG	XTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	100.37%	7.35%	+93.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.37%	15.14%	+85.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.37%	15.14%	+85.23%

SPOG vs. XTJL - Expense Ratio Comparison

SPOG has a 0.75% expense ratio, which is lower than XTJL's 0.79% expense ratio.

Dividends

SPOG vs. XTJL - Dividend Comparison

Neither SPOG nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SPOG and XTJL in my portfolio?

SPOG and XTJL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPOG or XTJL?

On fees, SPOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPOG or XTJL?

SPOG is cheaper with a 0.75% expense ratio, compared with 0.79% for XTJL.

Which ETF pays a higher dividend yield, SPOG or XTJL?

SPOG and XTJL have nearly identical dividend yields, around 0.00%.

What is the main difference between SPOG and XTJL?

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