VRTL vs. XTJL

Last updated Aug 2, 2026

VRTL (GraniteShares 2x Long VRT Daily ETF) and XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. Over the past year, VRTL returned 64.41% vs 14.27% for XTJL. Their 0.54 correlation means they have sometimes moved together and sometimes differently. VRTL charges 1.50%/yr vs 0.79%/yr for XTJL.

Performance

VRTL vs. XTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long VRT Daily ETF (VRTL) 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, VRTL achieves a 49.92% return, which is significantly higher than XTJL's 6.32% return.

VRTL

• 1D: 12.49%
• 1M: -40.41%
• 6M: 17.15%
• YTD: 49.92%
• 1Y: 64.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 134.30%

XTJL

• 1D: 0.76%
• 1M: 0.96%
• 6M: 5.49%
• YTD: 6.32%
• 1Y: 14.27%
• 3Y*: 13.98%
• 5Y*: 9.55%
• 10Y*: —
• ALL TIME*: 9.76%

*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)
VRTL GraniteShares 2x Long VRT Daily ETF	$7.19M	$7.02M	$12.49M
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	$26.11K	$26.81K	$267.40K

VRTL vs. XTJL - Yearly Performance Comparison

	2026 (YTD)	2025
VRTL GraniteShares 2x Long VRT Daily ETF	49.92%	110.50%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	6.32%	14.51%

Correlation

The correlation between VRTL and XTJL is 0.53, 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.	0.53
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	0.54

The correlation between VRTL and XTJL has been stable across timeframes, ranging from 0.53 to 0.54 - a consistent structural relationship.

VRTL vs. XTJL - Sectors Allocation Comparison

Sectors	VRTL	XTJL
Industrials	66.7%	7.8%
Basic Materials	-	1.7%
Communication Services	-	10.7%
Consumer Cyclical	-	9.9%
Consumer Defensive	-	4.5%
Energy	-	3.1%
Financial Services	-	10.9%
Healthcare	-	8.3%
Real Estate	-	1.8%
Technology	-	39.1%
Utilities	-	2.1%

Return for Risk

VRTL vs. XTJL — Risk / Return Rank

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

VRTL

VRTL Risk / Return Rank: 30
VRTL Sharpe Ratio Rank: 21
VRTL Sortino Ratio Rank: 40
VRTL Omega Ratio Rank: 40
VRTL Calmar Ratio Rank: 25
VRTL Martin Ratio Rank: 26

XTJL

XTJL Risk / Return Rank: 79
XTJL Sharpe Ratio Rank: 74
XTJL Sortino Ratio Rank: 77
XTJL Omega Ratio Rank: 84
XTJL Calmar Ratio Rank: 73
XTJL Martin Ratio Rank: 89

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.

VRTL vs. XTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long VRT Daily ETF (VRTL) 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.

	VRTL	XTJL	Difference
Sharpe ratio: Return per unit of total volatility	0.42	1.68	-1.26
Sortino ratio: Return per unit of downside risk	1.50	2.48	-0.99
Omega ratio: Gain probability vs. loss probability	1.19	1.36	-0.17
Calmar ratio: Return relative to maximum drawdown	0.77	2.55	-1.78
Martin ratio: Return relative to average drawdown	2.20	14.07	-11.87

VRTL vs. XTJL - Sharpe Ratio Comparison

The current VRTL Sharpe Ratio is 0.42, which is lower than the XTJL Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of VRTL and XTJL, 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

VRTL vs. XTJL - Drawdown Comparison

The maximum VRTL drawdown since its inception was -70.53%, which is greater than XTJL's maximum drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for VRTL and XTJL.

Drawdown Indicators

	VRTL	XTJL	Difference
Max Drawdown Largest peak-to-trough decline	-70.53%	-23.24%	-47.29%
Max Drawdown (1Y) Largest decline over 1 year	-70.53%	-5.12%	-65.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.24%	—
Current Drawdown Current decline from peak	-65.58%	-0.09%	-65.49%
Average Drawdown Average peak-to-trough decline	-18.14%	-3.92%	-14.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.96%	0.93%	+24.03%

Volatility

VRTL vs. XTJL - Volatility Comparison

GraniteShares 2x Long VRT Daily ETF (VRTL) has a higher volatility of 52.00% compared to Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) at 2.90%. This indicates that VRTL's price experiences larger fluctuations and is considered to be riskier than XTJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRTL	XTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	52.00%	2.90%	+49.10%
Volatility (6M) Calculated over the trailing 6-month period	106.22%	6.12%	+100.10%
Volatility (1Y) Calculated over the trailing 1-year period	128.88%	7.79%	+121.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.52%	15.11%	+115.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	130.52%	15.03%	+115.49%

VRTL vs. XTJL - Expense Ratio Comparison

VRTL has a 1.50% expense ratio, which is higher than XTJL's 0.79% expense ratio.

Dividends

VRTL vs. XTJL - Dividend Comparison

Neither VRTL nor XTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VRTL and XTJL in my portfolio?

VRTL and XTJL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VRTL or XTJL?

VRTL has higher volatility (52.00%) compared to XTJL (2.90%). In terms of maximum drawdown, VRTL dropped -70.53% vs XTJL's -23.24%.

Which ETF is better, VRTL or XTJL?

On 1-year performance, VRTL leads with 64.41% vs 14.27% for XTJL. On fees, XTJL is cheaper at 0.79% per year. On volatility, XTJL has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VRTL or XTJL?

Over the 1-year period, VRTL has performed better with a 64.41% return vs 14.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VRTL or XTJL?

XTJL is cheaper with a 0.79% expense ratio, compared with 1.50% for VRTL.

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

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

What is the main difference between VRTL and XTJL?

They also come from different issuers: GraniteShares and Innovator. Their fees differ too: 1.50% for VRTL and 0.79% for XTJL.

Which has better risk-adjusted returns?

XTJL currently has the higher Sharpe Ratio (1.68 vs 0.42), 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.