MRAL vs XBJL

Comparison between GRANITESHARES 2X LONG MARA DAILY ETF (MRAL, ETF) and Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL, ETF).

MRAL vs XBJL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRAL(ETF)	XBJL(ETF)
Net Assets	$74M	$74M
Expense Ratio	N/A	0.79%
Max Drawdown	93.46%	11.78%
Sharpe Ratio	-0.06	1.55
5Y Beta	4.77	0.55

Net Assets

MRAL

$74M

XBJL

$74M

Expense Ratio

MRAL

N/A

XBJL

0.79%

Max Drawdown

MRAL

93.46%

Winner

XBJL

11.78%

Sharpe Ratio

MRAL

-0.06

Winner

XBJL

1.55

5Y Beta

MRAL

4.77

Winner

XBJL

0.55

MRAL vs XBJL - Historical Returns

Returns include dividend reinvestment.

Period	MRAL	XBJL
1 month	-2.81%	+0.68%
3 months	+64.74%	+3.54%
6 months	-28.23%	+4.77%
1 year	-68.31%	+12.24%
5 years(CAGR)	N/A	+9.23%
Max(CAGR)	-71.95%	+9.23%

MRAL

-2.81%

Winner

XBJL

+0.68%

Winner

MRAL

+64.74%

XBJL

+3.54%

MRAL

-28.23%

Winner

XBJL

+4.77%

MRAL

-68.31%

Winner

XBJL

+12.24%

5Y(CAGR)

MRAL

N/A

XBJL

+9.23%

Max(CAGR)

MRAL

-71.95%

Winner

XBJL

+9.23%

MRAL vs XBJL - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MRAL	XBJL
2026	+5.25%	+4.08%
2025	-83.75%	+12.05%
2024	N/A	+11.93%
2023	N/A	+19.78%
2022	N/A	-5.18%
2021	N/A	+4.70%

MRAL vs XBJL Drawdown Comparison

The maximum drawdown for MRAL was -93.46%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for XBJL was -11.78%, occurring on Jun 16, 2022. Recovery took 213 trading sessions.

The current MRAL drawdown is -83.36%. The current XBJL drawdown is -0.13%.

Rank	MRAL	XBJL
#1	-93.46% Oct 15, 2025 - Feb 5, 2026	-11.78% Mar 29, 2022 - Feb 2, 2023
#2	-62.51% Mar 7, 2025 - Jul 10, 2025	-11.74% Feb 19, 2025 - May 12, 2025
#3	-46.29% Jul 17, 2025 - Oct 14, 2025	-5.35% Jan 3, 2022 - Mar 29, 2022
#4	-4.81% Jul 14, 2025 - Jul 16, 2025	-5.32% Jul 28, 2023 - Nov 14, 2023
#5	N/A	-5.00% Jul 16, 2024 - Aug 19, 2024
#6	N/A	-4.14% Feb 2, 2023 - Mar 31, 2023
#7	N/A	-3.30% Feb 25, 2026 - Apr 8, 2026
#8	N/A	-2.25% Nov 17, 2021 - Dec 23, 2021
#9	N/A	-2.21% Sep 2, 2021 - Oct 18, 2021
#10	N/A	-2.20% Aug 30, 2024 - Sep 16, 2024
#11	N/A	-1.84% Oct 28, 2025 - Nov 26, 2025
#12	N/A	-1.67% May 1, 2023 - May 15, 2023
#13	N/A	-1.60% Jul 12, 2021 - Jul 23, 2021
#14	N/A	-1.48% May 19, 2025 - Jun 3, 2025
#15	N/A	-1.31% Dec 13, 2024 - Dec 24, 2024

Correlation

Correlation between MRAL and XBJL is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

-101