Tradr 2X Long OPEN Daily ETF (OPEX) 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 OPEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OPEX
OPEX charges 1.30% annually. There are 323 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 | OPEX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | OPEX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | OPEX vs SPUU | |
| Leverage Shares 2X Long FUTU Daily ETF | 0.75% | 8.47M | Oct 2025 | OPEX vs FUTG | |
| Leverage Shares 2X Long NBIS Daily ETF | 0.75% | 65.32M | Oct 2025 | OPEX vs NBIG |
Best Risk-Adjusted Alternatives to OPEX
Among 235 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | OPEX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | OPEX vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | OPEX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | OPEX vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | OPEX vs KORU |
Top Performing OPEX Alternatives (YTD)
OPEX is at -52.36% YTD. There are 327 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 | OPEX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | OPEX vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | OPEX vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | OPEX vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | OPEX vs DLLL |
Lowest Volatility Alternatives to OPEX
OPEX has 173.18% 1-year volatility. There are 359 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 | OPEX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | OPEX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | OPEX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | OPEX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | OPEX vs XDSQ |
Lowest Drawdown Alternatives to OPEX
Among 235 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go 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 | OPEX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | OPEX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | OPEX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | OPEX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | OPEX vs XDSQ |
Other ETFs from Tradr ETFs
The 10 most viewed Tradr ETFs ETFs shown here include IREX, CLSX, CRDU and span 1 categories. AUM among these funds goes as high as $15M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tradr 2X Long IREN Daily ETF | Leveraged Equities | — | 72.36% | — | Oct 2025 | OPEX vs IREX | |
| Tradr 2X Long CLSK Daily ETF | Leveraged Equities | — | 96.48% | — | Sep 2025 | OPEX vs CLSX | |
| Tradr 2X Long CRDO Daily ETF | Leveraged Equities | — | 43.61% | — | Sep 2025 | OPEX vs CRDU | |
| Tradr 2X Long FLY Daily ETF | Leveraged Equities | — | 72.41% | 15.17M | Oct 2025 | OPEX vs FLYT | |
| Tradr 2X Long BLSH Daily ETF | Leveraged Equities | — | — | — | Oct 2025 | OPEX vs BLSX | |
| Tradr 2X Long NET Daily ETF | Leveraged Equities | — | — | — | Oct 2025 | OPEX vs NETX | |
| Tradr 2X Long U Daily ETF | Leveraged Equities | — | -74.21% | — | Sep 2025 | OPEX vs UNX | |
| Tradr 2X Long DASH Daily ETF | Leveraged Equities | — | — | — | Oct 2025 | OPEX vs DASX | |
| Tradr 2X Long WULF Daily ETF | Leveraged Equities | — | 238.07% | — | Oct 2025 | OPEX vs WULX | |
| Tradr 2X Long CELH Daily ETF | Leveraged Equities | — | — | — | Oct 2025 | OPEX vs CELT |
Often Compared With OPEX
Investors most often compare OPEX with LYFX, AURU, FIGG. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare OPEX with Any Fund or Stock
Compare OPEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OPEX with funds that move differently
Tradr 2X Long OPEN Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OPEX.
Explore OPEX Diversifiers