AAPX vs. BRKL

Last updated Aug 4, 2026

AAPX (T-Rex 2X Long Apple Daily Target ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.04 correlation means their historical movements had little consistent relationship. AAPX charges 1.05%/yr vs 0.45%/yr for BRKL.

Performance

AAPX vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Apple Daily Target ETF (AAPX) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAPX

• 1D: -4.35%
• 1M: -5.29%
• 6M: 14.57%
• YTD: 11.18%
• 1Y: 87.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.35%

BRKL

• 1D: 0.36%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAPX T-Rex 2X Long Apple Daily Target ETF	$2.19M	$2.07M	$2.17M
BRKL Corgi BRKB 2x Daily ETF	$2.37K	$14.77K	$14.77K

AAPX vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
AAPX T-Rex 2X Long Apple Daily Target ETF	-7.86%
BRKL Corgi BRKB 2x Daily ETF	1.84%

Correlation

The correlation between AAPX and BRKL is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	0.04

Return for Risk

AAPX vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAPX

AAPX Risk / Return Rank: 68
AAPX Sharpe Ratio Rank: 71
AAPX Sortino Ratio Rank: 65
AAPX Omega Ratio Rank: 70
AAPX Calmar Ratio Rank: 78
AAPX Martin Ratio Rank: 54

BRKL

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAPX vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Apple Daily Target ETF (AAPX) and Corgi BRKB 2x Daily ETF (BRKL). 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.

	AAPX	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.24	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.92	—	—
Martin ratio: Return relative to average drawdown	6.59	—	—

Drawdowns

AAPX vs. BRKL - Drawdown Comparison

The maximum AAPX drawdown since its inception was -58.55%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for AAPX and BRKL.

Drawdown Indicators

	AAPX	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-58.55%	-7.03%	-51.52%
Max Drawdown (1Y) Largest decline over 1 year	-30.12%	—	—
Current Drawdown Current decline from peak	-21.02%	0.00%	-21.02%
Average Drawdown Average peak-to-trough decline	-18.65%	-3.93%	-14.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.31%	—	—

Volatility

Volatility by Period

	AAPX	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	41.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.74%	30.17%	+21.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.85%	30.17%	+25.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.85%	30.17%	+25.68%

AAPX vs. BRKL - Expense Ratio Comparison

AAPX has a 1.05% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

AAPX vs. BRKL - Dividend Comparison

AAPX's dividend yield for the trailing twelve months is around 0.60%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025	2024
AAPX T-Rex 2X Long Apple Daily Target ETF	0.60%	0.67%	21.46%
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAPX and BRKL in my portfolio?

AAPX and BRKL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAPX or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAPX or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 1.05% for AAPX.

Which ETF pays a higher dividend yield, AAPX or BRKL?

AAPX has the higher dividend yield at 0.60%, compared with 0.00% for BRKL.

What is the main difference between AAPX and BRKL?

They also come from different issuers: T-Rex and Corgi. Their fees differ too: 1.05% for AAPX and 0.45% for BRKL.