XTJL vs. COIG

Last updated Jul 14, 2026

XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, XTJL returned 13.62% vs -91.34% for COIG. A 0.58 correlation means they provide meaningful diversification when combined. XTJL charges 0.79%/yr vs 0.75%/yr for COIG.

Performance

XTJL vs. COIG - Performance Comparison

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

Returns By Period

In the year-to-date period, XTJL achieves a 5.76% return, which is significantly higher than COIG's -67.10% return.

XTJL

• 1D: -0.56%
• 1M: 0.36%
• 6M: 4.80%
• YTD: 5.76%
• 1Y: 13.62%
• 3Y*: 14.14%
• 5Y*: 9.59%
• 10Y*: —

COIG

• 1D: -2.31%
• 1M: -7.03%
• 6M: -71.05%
• YTD: -67.10%
• 1Y: -91.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XTJL vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	5.76%	19.89%
COIG Leverage Shares 2X Long COIN Daily ETF	-67.10%	-10.62%

Correlation

The correlation between XTJL and COIG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.58

The correlation between XTJL and COIG has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.

Return for Risk

XTJL vs. COIG — Risk / Return Rank

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

XTJL

XTJL Risk / Return Rank: 78
XTJL Sharpe Ratio Rank: 73
XTJL Sortino Ratio Rank: 78
XTJL Omega Ratio Rank: 86
XTJL Calmar Ratio Rank: 67
XTJL Martin Ratio Rank: 88

COIG

COIG Risk / Return Rank: 2
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 2
COIG Omega Ratio Rank: 2
COIG Calmar Ratio Rank: 0
COIG Martin Ratio Rank: 3

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.

XTJL vs. COIG - Risk-Adjusted Trends Comparison

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

	XTJL	COIG	Difference
Sharpe ratio: Return per unit of total volatility	1.85	-0.68	+2.54
Sortino ratio: Return per unit of downside risk	2.77	-1.62	+4.39
Omega ratio: Gain probability vs. loss probability	1.41	0.82	+0.58
Calmar ratio: Return relative to maximum drawdown	2.67	-0.97	+3.65
Martin ratio: Return relative to average drawdown	15.12	-1.26	+16.38

XTJL vs. COIG - Sharpe Ratio Comparison

The current XTJL Sharpe Ratio is 1.85, which is higher than the COIG Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of XTJL and COIG, 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

XTJL vs. COIG - Drawdown Comparison

The maximum XTJL drawdown since its inception was -23.24%, smaller than the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for XTJL and COIG.

Drawdown Indicators

	XTJL	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-23.24%	-93.79%	+70.55%
Max Drawdown (1Y) Largest decline over 1 year	-5.12%	-93.79%	+88.67%
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	-0.56%	-92.61%	+92.05%
Average Drawdown Average peak-to-trough decline	-3.96%	-54.71%	+50.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	72.19%	-71.29%

Volatility

XTJL vs. COIG - Volatility Comparison

The current volatility for Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) is 1.25%, while Leverage Shares 2X Long COIN Daily ETF (COIG) has a volatility of 33.76%. This indicates that XTJL experiences smaller price fluctuations and is considered to be less risky than COIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTJL	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	33.76%	-32.51%
Volatility (6M) Calculated over the trailing 6-month period	5.71%	103.76%	-98.05%
Volatility (1Y) Calculated over the trailing 1-year period	7.40%	133.84%	-126.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	144.51%	-129.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.07%	144.51%	-129.44%

XTJL vs. COIG - Expense Ratio Comparison

XTJL has a 0.79% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

XTJL vs. COIG - Dividend Comparison

Neither XTJL nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XTJL and COIG in my portfolio?

XTJL and COIG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XTJL or COIG?

COIG has higher volatility (33.76%) compared to XTJL (1.25%). In terms of maximum drawdown, XTJL dropped -23.24% vs COIG's -93.79%.

Which ETF is better, XTJL or COIG?

On 1-year performance, XTJL leads with 13.62% vs -91.34% for COIG. On fees, COIG is cheaper at 0.75% per year. On volatility, XTJL has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XTJL or COIG?

Over the 1-year period, XTJL has performed better with a 13.62% return vs -91.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTJL or COIG?

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

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

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

What is the main difference between XTJL and COIG?

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

Which has better risk-adjusted returns?

XTJL currently has the higher Sharpe Ratio (1.85 vs -0.68), 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.