AAOX vs. LITX

Last updated Jun 4, 2026

AAOX (Tradr 2X Long AAOI Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. AAOX is passively managed, while LITX is actively managed. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 1.49% expense ratio.

Performance

AAOX vs. LITX - 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 LITE Daily ETF (LITX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAOX

• 1D: -18.15%
• 1M: -7.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITX

• 1D: -17.72%
• 1M: -16.57%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AAOX vs. LITX - Yearly Performance Comparison

	2026 (YTD)
AAOX Tradr 2X Long AAOI Daily ETF	68.69%
LITX Tradr 2X Long LITE Daily ETF	10.59%

Correlation

The correlation between AAOX and LITX is 0.75, 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 Mar 25, 2026	0.75

Return for Risk

AAOX vs. LITX - 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 LITE Daily ETF (LITX). 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.

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

Sharpe Ratios by Period

	AAOX	LITX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.72	32.10	-27.37

Drawdowns

AAOX vs. LITX - Drawdown Comparison

The maximum AAOX drawdown since its inception was -52.25%, roughly equal to the maximum LITX drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for AAOX and LITX.

Drawdown Indicators

	AAOX	LITX	Difference
Max Drawdown Largest peak-to-trough decline	-52.25%	-51.46%	-0.79%
Current Drawdown Current decline from peak	-38.59%	-26.10%	-12.49%
Average Drawdown Average peak-to-trough decline	-21.29%	-14.48%	-6.81%

Volatility

Volatility by Period

	AAOX	LITX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	293.60%	200.05%	+93.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	293.60%	200.05%	+93.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	293.60%	200.05%	+93.55%

AAOX vs. LITX - Expense Ratio Comparison

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

Dividends

AAOX vs. LITX - Dividend Comparison

Neither AAOX nor LITX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AAOX and LITX in my portfolio?

AAOX and LITX have a correlation of 0.75, 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 LITX?

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 LITX?

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

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

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