TEMT vs. QTJL

Last updated Jun 4, 2026

TEMT (Tradr 2X Long TEM Daily ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, TEMT returned -65.86% vs 20.28% for QTJL. At a 0.40 correlation, their price movements are largely independent. TEMT charges 1.30%/yr vs 0.79%/yr for QTJL.

Performance

TEMT vs. QTJL - Performance Comparison

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

Returns By Period

In the year-to-date period, TEMT achieves a -48.53% return, which is significantly lower than QTJL's 7.18% return.

TEMT

• 1D: -8.68%
• 1M: -30.37%
• YTD: -48.53%
• 6M: -68.84%
• 1Y: -65.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: 0.02%
• 1M: 1.08%
• YTD: 7.18%
• 6M: 7.93%
• 1Y: 20.28%
• 3Y*: 19.18%
• 5Y*: —
• 10Y*: —

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

TEMT vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
TEMT Tradr 2X Long TEM Daily ETF	-48.53%	-51.84%
QTJL Innovator Growth Accelerated Plus ETF - July	7.18%	15.46%

Correlation

The correlation between TEMT and QTJL is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 14, 2025	0.40

Return for Risk

TEMT vs. QTJL — Risk / Return Rank

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

TEMT

TEMT Risk / Return Rank: 4
TEMT Sharpe Ratio Rank: 4
TEMT Sortino Ratio Rank: 6
TEMT Omega Ratio Rank: 6
TEMT Calmar Ratio Rank: 3
TEMT Martin Ratio Rank: 4

QTJL

QTJL Risk / Return Rank: 68
QTJL Sharpe Ratio Rank: 62
QTJL Sortino Ratio Rank: 63
QTJL Omega Ratio Rank: 71
QTJL Calmar Ratio Rank: 62
QTJL Martin Ratio Rank: 82

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.

TEMT vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long TEM Daily ETF (TEMT) 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.

	TEMT	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	2.04	-2.56
Sortino ratio: Return per unit of downside risk	-0.36	2.90	-3.26
Omega ratio: Gain probability vs. loss probability	0.96	1.41	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.76	3.05	-3.81
Martin ratio: Return relative to average drawdown	-1.15	16.05	-17.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEMT vs. QTJL - Sharpe Ratio Comparison

The current TEMT Sharpe Ratio is -0.53, which is lower than the QTJL Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of TEMT and QTJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TEMT	QTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	2.04	-2.56
Sharpe Ratio (All Time) Calculated using the full available price history	-0.55	0.52	-1.07

Drawdowns

TEMT vs. QTJL - Drawdown Comparison

The maximum TEMT drawdown since its inception was -87.10%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for TEMT and QTJL.

Drawdown Indicators

	TEMT	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-87.10%	-33.40%	-53.70%
Max Drawdown (1Y) Largest decline over 1 year	-87.10%	-6.68%	-80.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Current Drawdown Current decline from peak	-84.95%	0.00%	-84.95%
Average Drawdown Average peak-to-trough decline	-48.88%	-7.93%	-40.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	57.16%	1.27%	+55.89%

Volatility

TEMT vs. QTJL - Volatility Comparison

Tradr 2X Long TEM Daily ETF (TEMT) has a higher volatility of 33.66% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 0.30%. This indicates that TEMT's price experiences larger fluctuations and is considered to be riskier than QTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEMT	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.66%	0.30%	+33.36%
Volatility (6M) Calculated over the trailing 6-month period	84.84%	7.60%	+77.24%
Volatility (1Y) Calculated over the trailing 1-year period	125.64%	9.99%	+115.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	134.15%	20.42%	+113.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	134.15%	20.42%	+113.73%

TEMT vs. QTJL - Expense Ratio Comparison

TEMT has a 1.30% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

TEMT vs. QTJL - Dividend Comparison

TEMT's dividend yield for the trailing twelve months is around 65.29%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%
TEMT Tradr 2X Long TEM Daily ETF	65.29%	33.60%

Frequently Asked Questions

Can I hold both TEMT and QTJL in my portfolio?

TEMT and QTJL have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEMT or QTJL?

TEMT has higher volatility (33.66%) compared to QTJL (0.30%). In terms of maximum drawdown, TEMT dropped -87.10% vs QTJL's -33.40%.

Which ETF is better, TEMT or QTJL?

On 1-year performance, QTJL leads with 20.28% vs -65.86% for TEMT. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEMT or QTJL?

Over the 1-year period, QTJL has performed better with a 20.28% return vs -65.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEMT or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 1.30% for TEMT.

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

TEMT has the higher dividend yield at 65.29%, compared with 0.00% for QTJL.

What is the main difference between TEMT and QTJL?

They also come from different issuers: Tradr and Innovator. Their fees differ too: 1.30% for TEMT and 0.79% for QTJL.

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (2.04 vs -0.53), 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.