T-Rex 2X Long Apple Daily Target ETF (AAPX) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AAPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAPX
AAPX charges 1.05% annually. There are 231 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | AAPX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | AAPX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | AAPX vs SPUU | |
| Leverage Shares 2X Long FUTU Daily ETF | 0.75% | 8.47M | Oct 2025 | AAPX vs FUTG | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 5.48M | Sep 2025 | AAPX vs COTG |
Best Risk-Adjusted Alternatives to AAPX
AAPX has a PortfoliosLab risk / return rank of 59. There are 50 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | AAPX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | AAPX vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | AAPX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | AAPX vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | AAPX vs KORU |
Top Performing AAPX Alternatives (YTD)
AAPX is at 21.23% YTD. There are 115 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | AAPX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | AAPX vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | AAPX vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | AAPX vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | AAPX vs DLLL |
Lowest Volatility Alternatives to AAPX
AAPX has 44.99% 1-year volatility. There are 109 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | AAPX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | AAPX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | AAPX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | AAPX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | AAPX vs XDSQ |
Lowest Drawdown Alternatives to AAPX
AAPX has a 1-year max drawdown of -30.12%. There are 62 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | AAPX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | AAPX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | AAPX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | AAPX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | AAPX vs XDSQ |
Other ETFs from T-Rex
The 10 most viewed T-Rex ETFs shown here include MSTU, TSLZ, TSLT and span 4 categories. AUM among these funds goes as high as $484M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T-Rex 2X Long MSTR Daily Target ETF | Leveraged Equities | 1 | -54.27% | 483.81M | Sep 2024 | AAPX vs MSTU | |
| T-Rex 2X Inverse Tesla Daily Target ETF | Inverse Equities | 3 | -5.69% | 40.28M | Oct 2023 | AAPX vs TSLZ | |
| T-Rex 2X Long Tesla Daily Target ETF | Leveraged Equities | 11 | -21.79% | 282.30M | Oct 2023 | AAPX vs TSLT | |
| T-Rex 2X Long Alphabet Daily Target ETF | Leveraged Bonds | 93 | 18.83% | 48.80M | Jan 2024 | AAPX vs GOOX | |
| T-Rex 2X Inverse NVIDIA Daily Target ETF | Inverse Equities | 1 | -36.13% | 27.50M | Oct 2023 | AAPX vs NVDQ | |
| T-Rex 2X Long Microsoft Daily Target ETF | Leveraged Equities | 4 | -28.34% | — | Jan 2024 | AAPX vs MSFX | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | Cryptocurrency | 23 | 32.54% | — | Jul 2024 | AAPX vs BTCZ | |
| T-REX 2X Inverse CRCL Daily Target ETF | Inverse Equities | — | -88.01% | — | Sep 2025 | AAPX vs CRCD | |
| T-REX 2X Long TTD Daily Target ETF | Leveraged Equities | — | -77.55% | — | Sep 2025 | AAPX vs TTDU | |
| T-REX 2X Long SNDK Daily Target ETF | Leveraged Equities | — | — | — | Mar 2026 | AAPX vs SNDU |
Often Compared With AAPX
Investors most often compare AAPX with AAPU, AAPB, AAPL. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare AAPX with Any Fund or Stock
Compare AAPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAPX with funds that move differently
T-Rex 2X Long Apple Daily Target ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAPX.
Explore AAPX Diversifiers