XDSQ vs. QTJL

Last updated Jun 26, 2026

XDSQ (Innovator US Equity Accelerated ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds from Innovator. Both are actively managed. Over the past 3 years, XDSQ returned 14.49%/yr vs 19.04%/yr for QTJL. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.79% expense ratio.

Performance

XDSQ vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator US Equity Accelerated ETF (XDSQ) 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, XDSQ achieves a 3.09% return, which is significantly lower than QTJL's 7.41% return.

XDSQ

• 1D: -0.01%
• 1M: 0.67%
• YTD: 3.09%
• 6M: 1.78%
• 1Y: 14.87%
• 3Y*: 14.49%
• 5Y*: 9.69%
• 10Y*: —

QTJL

• 1D: 0.01%
• 1M: 0.38%
• YTD: 7.41%
• 6M: 6.99%
• 1Y: 18.39%
• 3Y*: 19.04%
• 5Y*: —
• 10Y*: —

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

XDSQ vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XDSQ Innovator US Equity Accelerated ETF	3.09%	14.22%	23.12%	23.00%	-16.78%	6.84%
QTJL Innovator Growth Accelerated Plus ETF - July	7.41%	21.07%	16.50%	42.39%	-30.16%	9.36%

Correlation

The correlation between XDSQ and QTJL is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021	0.88

The correlation between XDSQ and QTJL has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

XDSQ vs. QTJL - Sectors Allocation Comparison

Sectors	XDSQ	QTJL
Technology	39.1%	58.0%
Financial Services	10.9%	0.2%
Communication Services	10.7%	14.5%
Consumer Cyclical	9.9%	11.6%
Healthcare	8.3%	3.7%
Industrials	7.8%	2.6%
Consumer Defensive	4.5%	6.6%
Energy	3.1%	0.5%
Utilities	2.1%	1.2%
Real Estate	1.8%	0.1%
Basic Materials	1.7%	1.0%

Return for Risk

XDSQ vs. QTJL — Risk / Return Rank

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

XDSQ

XDSQ Risk / Return Rank: 45
XDSQ Sharpe Ratio Rank: 46
XDSQ Sortino Ratio Rank: 43
XDSQ Omega Ratio Rank: 54
XDSQ Calmar Ratio Rank: 34
XDSQ Martin Ratio Rank: 50

QTJL

QTJL Risk / Return Rank: 71
QTJL Sharpe Ratio Rank: 65
QTJL Sortino Ratio Rank: 67
QTJL Omega Ratio Rank: 75
QTJL Calmar Ratio Rank: 64
QTJL Martin Ratio Rank: 83

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.

XDSQ vs. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator US Equity Accelerated ETF (XDSQ) 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.

	XDSQ	QTJL	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.87	-0.45
Sortino ratio: Return per unit of downside risk	1.97	2.68	-0.71
Omega ratio: Gain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratio: Return relative to maximum drawdown	1.56	2.76	-1.21
Martin ratio: Return relative to average drawdown	7.42	14.56	-7.14

XDSQ vs. QTJL - Sharpe Ratio Comparison

The current XDSQ Sharpe Ratio is 1.42, which is comparable to the QTJL Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of XDSQ 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

XDSQ vs. QTJL - Drawdown Comparison

The maximum XDSQ drawdown since its inception was -26.06%, smaller than the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for XDSQ and QTJL.

Drawdown Indicators

	XDSQ	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-26.06%	-33.40%	+7.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-6.68%	-2.92%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	-22.43%	+3.28%
Max Drawdown (5Y) Largest decline over 5 years	-26.06%	—	—
Current Drawdown Current decline from peak	-0.01%	-0.01%	0.00%
Average Drawdown Average peak-to-trough decline	-4.91%	-7.84%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	1.27%	+0.74%

Volatility

XDSQ vs. QTJL - Volatility Comparison

Innovator US Equity Accelerated ETF (XDSQ) and Innovator Growth Accelerated Plus ETF - July (QTJL) have volatilities of 0.59% and 0.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDSQ	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	0.59%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	7.96%	7.37%	+0.59%
Volatility (1Y) Calculated over the trailing 1-year period	10.50%	9.86%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.28%	20.29%	-5.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.01%	20.29%	-5.28%

XDSQ vs. QTJL - Expense Ratio Comparison

Both XDSQ and QTJL have an expense ratio of 0.79%.

Dividends

XDSQ vs. QTJL - Dividend Comparison

Neither XDSQ nor QTJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDSQ and QTJL in my portfolio?

XDSQ and QTJL have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDSQ or QTJL?

QTJL has higher volatility (0.59%) compared to XDSQ (0.59%). In terms of maximum drawdown, XDSQ dropped -26.06% vs QTJL's -33.40%.

Which ETF is better, XDSQ or QTJL?

On 3-year performance, QTJL leads with 19.04% vs 14.49% for XDSQ. Both ETFs have the same 0.79% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XDSQ or QTJL?

Over the 3-year period, QTJL has performed better with a 19.04% return vs 14.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XDSQ or QTJL?

XDSQ and QTJL have the same expense ratio: 0.79% per year.

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

XDSQ and QTJL have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

QTJL currently has the higher Sharpe Ratio (1.87 vs 1.42), 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.