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Issuer
Tradr
Inception Date
Sep 8, 2025
Region
North America (U.S.)
Leveraged
2x
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

APLX Performance Chart

Tradr 2X Long APLD Daily ETF (APLX) is up 91.3% since the beginning of the year. APLX is currently trading at $32 per share.


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S&P 500 Index

Returns By Period


Tradr 2X Long APLD Daily ETF

1D
4.31%
1M
-3.34%
YTD
91.29%
6M
44.99%
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.00%
1M
-0.71%
YTD
8.39%
6M
8.57%
1Y
24.33%
3Y*
18.94%
5Y*
12.24%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

APLX Monthly Returns History

Based on dividend-adjusted daily data since Sep 9, 2025, APLX's average daily return is +1.53%, while the average monthly return is +30.40%. At this rate, an investment would double in approximately 0.2 years.

Historically, 50% of months were positive and 50% were negative. The best month was Sep 2025 with a return of +123.1%, while the worst month was Nov 2025 at -44.3%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 2 months.

On a daily basis, APLX closed higher 52% of trading days. The best single day was Feb 6, 2026 with a return of +50.1%, while the worst single day was Dec 15, 2025 at -35.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202671.25%-43.86%-32.94%91.58%68.58%-8.13%91.29%
2025123.07%107.84%-44.30%-29.08%83.15%

Benchmark Metrics

Tradr 2X Long APLD Daily ETF has an annualized alpha of 1031.04%, beta of 7.84, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since September 09, 2025.

  • This ETF captured 37572.82% of S&P 500 Index gains and 447.77% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • R2 of 0.23 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1,031.04%
Beta
7.84
0.23
Upside Capture
37,572.82%
Downside Capture
447.77%

Expense Ratio

APLX has a high expense ratio of 1.30%, indicating above-average management fees.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Tradr 2X Long APLD Daily ETF (APLX) and compare them to S&P 500 Index.

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.


APLXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.35

Calmar ratioReturn relative to maximum drawdown

2.66

Martin ratioReturn relative to average drawdown

11.86

Dividends

Dividend History


Tradr 2X Long APLD Daily ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Tradr 2X Long APLD Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tradr 2X Long APLD Daily ETF was 84.39%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current Tradr 2X Long APLD Daily ETF drawdown is 39.31%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-84.39%Mar 2026
5mo 15d
8mo 9dOct 2025 - now
2025 bear market2025
-23.12%Sep 2025
2d5d
7dSep 2025 - Oct 2025
2025 pullback2025
-2.48%Oct 2025
0s1d
1dOct 2025 - Oct 2025
2025 pullback2025
-1.03%Oct 2025
0s3d
3dOct 2025 - Oct 2025

Drawdown Indicators


APLXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-84.39%

-56.78%

-27.61%

Max Drawdown (1Y)

Largest decline over 1 year

-9.10%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-39.31%

-2.49%

-36.82%

Average Drawdown

Average peak-to-trough decline

-45.33%

-10.72%

-34.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with APLX

Add Tradr 2X Long APLD Daily ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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