XTJL vs. SOXL

Last updated Aug 2, 2026

XTJL (Innovator U.S. Equity Accelerated Plus ETF - July) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. XTJL is actively managed, while SOXL is passively managed. Over the past 5 years, XTJL returned 9.55%/yr vs 21.65%/yr for SOXL. Their 0.73 correlation means they have sometimes moved together and sometimes differently. XTJL charges 0.79%/yr vs 0.75%/yr for SOXL.

Performance

XTJL vs. SOXL - 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 Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTJL achieves a 6.32% return, which is significantly lower than SOXL's 172.95% return.

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%

SOXL

• 1D: 0.00%
• 1M: -36.78%
• 6M: 85.66%
• YTD: 172.95%
• 1Y: 376.55%
• 3Y*: 60.01%
• 5Y*: 21.65%
• 10Y*: 48.63%
• ALL TIME*: 38.01%

*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)
SOXL Direxion Daily Semiconductor Bull 3X ETF	$10.60B	$10.77B	$11.72B
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	$26.11K	$26.81K	$267.40K

XTJL vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	6.32%	15.42%	14.43%	25.72%	-15.66%	7.81%
SOXL Direxion Daily Semiconductor Bull 3X ETF	172.95%	54.91%	-12.31%	226.98%	-85.66%	52.73%

Correlation

The correlation between XTJL and SOXL is 0.63, 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.	0.63
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021	0.73

The correlation between XTJL and SOXL shifts across timeframes, from 0.63 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.

XTJL vs. SOXL - Sectors Allocation Comparison

Sectors	XTJL	SOXL
Technology	39.1%	100.0%
Financial Services	10.9%	-
Communication Services	10.7%	-
Consumer Cyclical	9.9%	-
Healthcare	8.3%	-
Industrials	7.8%	-
Consumer Defensive	4.5%	-
Energy	3.1%	-
Utilities	2.1%	-
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

XTJL vs. SOXL — Risk / Return Rank

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

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

SOXL

SOXL Risk / Return Rank: 90
SOXL Sharpe Ratio Rank: 95
SOXL Sortino Ratio Rank: 83
SOXL Omega Ratio Rank: 85
SOXL Calmar Ratio Rank: 95
SOXL Martin Ratio Rank: 94

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.

XTJL vs. SOXL - 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 Direxion Daily Semiconductor Bull 3X ETF (SOXL). 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	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	1.68	2.77	-1.10
Sortino ratio: Return per unit of downside risk	2.48	2.70	-0.22
Omega ratio: Gain probability vs. loss probability	1.36	1.36	0.00
Calmar ratio: Return relative to maximum drawdown	2.55	5.22	-2.67
Martin ratio: Return relative to average drawdown	14.07	18.04	-3.98

XTJL vs. SOXL - Sharpe Ratio Comparison

The current XTJL Sharpe Ratio is 1.68, which is lower than the SOXL Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of XTJL and SOXL, 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. SOXL - Drawdown Comparison

The maximum XTJL drawdown since its inception was -23.24%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for XTJL and SOXL.

Drawdown Indicators

	XTJL	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-23.24%	-90.46%	+67.22%
Max Drawdown (1Y) Largest decline over 1 year	-5.12%	-69.42%	+64.30%
Max Drawdown (3Y) Largest decline over 3 years	-16.70%	-87.88%	+71.18%
Max Drawdown (5Y) Largest decline over 5 years	-23.24%	-90.46%	+67.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-0.09%	-61.86%	+61.77%
Average Drawdown Average peak-to-trough decline	-3.92%	-35.00%	+31.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	20.04%	-19.11%

Volatility

XTJL vs. SOXL - Volatility Comparison

The current volatility for Innovator U.S. Equity Accelerated Plus ETF - July (XTJL) is 2.90%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 52.68%. This indicates that XTJL experiences smaller price fluctuations and is considered to be less risky than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTJL	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	52.68%	-49.78%
Volatility (6M) Calculated over the trailing 6-month period	6.12%	115.51%	-109.39%
Volatility (1Y) Calculated over the trailing 1-year period	7.79%	130.99%	-123.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	113.21%	-98.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	102.11%	-87.08%

XTJL vs. SOXL - Expense Ratio Comparison

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

Dividends

XTJL vs. SOXL - Dividend Comparison

XTJL has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.01%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%
XTJL Innovator U.S. Equity Accelerated Plus ETF - July	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XTJL and SOXL in my portfolio?

XTJL and SOXL have a correlation of 0.63, 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 SOXL?

SOXL has higher volatility (52.68%) compared to XTJL (2.90%). In terms of maximum drawdown, XTJL dropped -23.24% vs SOXL's -90.46%.

Which ETF is better, XTJL or SOXL?

On 5-year performance, SOXL leads with 21.65% vs 9.55% for XTJL. On fees, SOXL is cheaper at 0.75% 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, XTJL or SOXL?

Over the 5-year period, SOXL has performed better with a 21.65% return vs 9.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTJL or SOXL?

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

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

SOXL has the higher dividend yield at 0.01%, compared with 0.00% for XTJL.

What is the main difference between XTJL and SOXL?

They also come from different issuers: Innovator and Direxion. Their fees differ too: 0.79% for XTJL and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (2.77 vs 1.68), 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.