TSII vs. QTJL

Last updated Aug 2, 2026

TSII (REX TSLA Growth & Income ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, TSII returned -2.85% vs 11.97% for QTJL. Their 0.61 correlation means they have sometimes moved together and sometimes differently. TSII charges 0.99%/yr vs 0.79%/yr for QTJL.

Performance

TSII vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) 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, TSII achieves a -35.03% return, which is significantly lower than QTJL's 2.56% return.

TSII

• 1D: 1.37%
• 1M: -22.61%
• 6M: -32.70%
• YTD: -35.03%
• 1Y: -2.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.22%

QTJL

• 1D: 0.93%
• 1M: -1.97%
• 6M: 1.77%
• YTD: 2.56%
• 1Y: 11.97%
• 3Y*: 15.99%
• 5Y*: 9.06%
• 10Y*: —
• ALL TIME*: 9.33%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QTJL Innovator Growth Accelerated Plus ETF - July	$200.88K	$354.66K	$247.25K
TSII REX TSLA Growth & Income ETF	$1.63M	$1.31M	$1.07M

TSII vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-35.03%	39.41%
QTJL Innovator Growth Accelerated Plus ETF - July	2.56%	12.47%

Correlation

The correlation between TSII and QTJL is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.61

The correlation between TSII and QTJL has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.

Return for Risk

TSII vs. QTJL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSII

TSII Risk / Return Rank: 10
TSII Sharpe Ratio Rank: 9
TSII Sortino Ratio Rank: 11
TSII Omega Ratio Rank: 12
TSII Calmar Ratio Rank: 9
TSII Martin Ratio Rank: 9

QTJL

QTJL Risk / Return Rank: 39
QTJL Sharpe Ratio Rank: 36
QTJL Sortino Ratio Rank: 35
QTJL Omega Ratio Rank: 38
QTJL Calmar Ratio Rank: 36
QTJL Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSII vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) 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.

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.

	TSII	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.10	0.89	-0.99
Sortino ratio: Return per unit of downside risk	0.19	1.33	-1.14
Omega ratio: Gain probability vs. loss probability	1.02	1.18	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.11	1.23	-1.34
Martin ratio: Return relative to average drawdown	-0.29	6.04	-6.33

TSII vs. QTJL - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is -0.10, which is lower than the QTJL Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of TSII 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.

Drawdowns

TSII vs. QTJL - Drawdown Comparison

The maximum TSII drawdown since its inception was -44.14%, which is greater than QTJL's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for TSII and QTJL.

Drawdown Indicators

	TSII	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-44.14%	-33.40%	-10.74%
Max Drawdown (1Y) Largest decline over 1 year	-44.14%	-8.48%	-35.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.40%	—
Current Drawdown Current decline from peak	-40.63%	-4.62%	-36.01%
Average Drawdown Average peak-to-trough decline	-11.52%	-7.74%	-3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.75%	1.73%	+14.02%

Volatility

TSII vs. QTJL - Volatility Comparison

REX TSLA Growth & Income ETF (TSII) has a higher volatility of 24.75% compared to Innovator Growth Accelerated Plus ETF - July (QTJL) at 6.45%. This indicates that TSII'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

	TSII	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.75%	6.45%	+18.30%
Volatility (6M) Calculated over the trailing 6-month period	37.69%	9.63%	+28.06%
Volatility (1Y) Calculated over the trailing 1-year period	47.70%	11.72%	+35.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.45%	20.43%	+30.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.45%	20.30%	+30.15%

TSII vs. QTJL - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

TSII vs. QTJL - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 109.28%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%
TSII REX TSLA Growth & Income ETF	109.28%	32.17%

Frequently Asked Questions

Can I hold both TSII and QTJL in my portfolio?

TSII and QTJL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSII or QTJL?

TSII has higher volatility (24.75%) compared to QTJL (6.45%). In terms of maximum drawdown, TSII dropped -44.14% vs QTJL's -33.40%.

Which ETF is better, TSII or QTJL?

On 1-year performance, QTJL leads with 11.97% vs -2.85% for TSII. On fees, QTJL is cheaper at 0.79% per year. On volatility, QTJL has been the lower-risk option at 6.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or QTJL?

Over the 1-year period, QTJL has performed better with a 11.97% return vs -2.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 0.99% for TSII.

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

TSII has the higher dividend yield at 109.28%, compared with 0.00% for QTJL.

What is the main difference between TSII and QTJL?

They also come from different issuers: REX and Innovator. Their fees differ too: 0.99% for TSII and 0.79% for QTJL.

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (0.89 vs -0.10), 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.