AAOX vs. AXTX

Last updated Jul 17, 2026

AAOX (Tradr 2X Long AAOI Daily ETF) and AXTX (Tradr 2X Long AXTI Daily ETF) are both Leveraged Equities funds from Tradr - AAOX tracks the Applied Optoelectronics, Inc. (AAOI) while AXTX tracks the AXT, Inc. (AXTI). Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 1.49% expense ratio.

Performance

AAOX vs. AXTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long AAOI Daily ETF (AAOX) and Tradr 2X Long AXTI Daily ETF (AXTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAOX

• 1D: -15.94%
• 1M: -70.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AXTX

• 1D: -29.51%
• 1M: -80.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAOX vs. AXTX - Yearly Performance Comparison

	2026 (YTD)
AAOX Tradr 2X Long AAOI Daily ETF	-69.29%
AXTX Tradr 2X Long AXTI Daily ETF	-79.80%

Correlation

The correlation between AAOX and AXTX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 24, 2026	0.67

Return for Risk

AAOX vs. AXTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long AAOI Daily ETF (AAOX) and Tradr 2X Long AXTI Daily ETF (AXTX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AAOX vs. AXTX - Drawdown Comparison

The maximum AAOX drawdown since its inception was -86.17%, smaller than the maximum AXTX drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for AAOX and AXTX.

Drawdown Indicators

	AAOX	AXTX	Difference
Max Drawdown Largest peak-to-trough decline	-86.17%	-93.10%	+6.93%
Current Drawdown Current decline from peak	-86.17%	-93.10%	+6.93%
Average Drawdown Average peak-to-trough decline	-36.72%	-46.27%	+9.55%

Volatility

Volatility by Period

	AAOX	AXTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	292.80%	296.18%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	292.80%	296.18%	-3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	292.80%	296.18%	-3.38%

AAOX vs. AXTX - Expense Ratio Comparison

Both AAOX and AXTX have an expense ratio of 1.49%.

Dividends

AAOX vs. AXTX - Dividend Comparison

Neither AAOX nor AXTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AAOX and AXTX in my portfolio?

AAOX and AXTX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAOX or AXTX?

Both ETFs have the same 1.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAOX or AXTX?

AAOX and AXTX have the same expense ratio: 1.49% per year.

Which ETF pays a higher dividend yield, AAOX or AXTX?

AAOX and AXTX have nearly identical dividend yields, around 0.00%.

What is the main difference between AAOX and AXTX?

AAOX tracks Applied Optoelectronics, Inc. (AAOI), while AXTX tracks AXT, Inc. (AXTI).