AAPX vs. COMT
AAPX (T-Rex 2X Long Apple Daily Target ETF) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both exchange-traded funds - AAPX is a Leveraged Equities fund actively managed by T-Rex, while COMT is a Commodities fund tracking the S&P GSCI Dynamic Roll (USD) Total Return Index. AAPX is actively managed, while COMT is passively managed. Over the past year, AAPX returned 92.30% vs 33.06% for COMT. At a correlation of -0.02, they often move in opposite directions. AAPX charges 1.05%/yr vs 0.48%/yr for COMT.
Performance
AAPX vs. COMT - Performance Comparison
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Returns By Period
In the year-to-date period, AAPX achieves a 22.03% return, which is significantly lower than COMT's 29.95% return.
AAPX
- 1D
- -1.81%
- 1M
- 14.72%
- 6M
- 33.22%
- YTD
- 22.03%
- 1Y
- 92.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COMT
- 1D
- 0.59%
- 1M
- -0.52%
- 6M
- 24.58%
- YTD
- 29.95%
- 1Y
- 33.06%
- 3Y*
- 12.33%
- 5Y*
- 11.81%
- 10Y*
- 8.27%
AAPX vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 22.03% | -4.95% | 58.57% |
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 29.95% | 6.07% | 6.51% |
Correlation
The correlation between AAPX and COMT is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.02 |
The correlation between AAPX and COMT shifts across timeframes, from -0.18 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AAPX vs. COMT — Risk / Return Rank
AAPX
COMT
AAPX vs. COMT - 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 iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT). 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 | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.27 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 1.89 | +1.19 |
| Martin ratioReturn relative to average drawdown | 6.99 | 6.43 | +0.56 |
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Drawdowns
AAPX vs. COMT - Drawdown Comparison
The maximum AAPX drawdown since its inception was -58.55%, which is greater than COMT's maximum drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for AAPX and COMT.
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Drawdown Indicators
| AAPX | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -51.89% | -6.66% |
Max Drawdown (1Y)Largest decline over 1 year | -30.12% | -17.57% | -12.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.57% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.22% | — |
Current DrawdownCurrent decline from peak | -2.89% | -11.44% | +8.55% |
Average DrawdownAverage peak-to-trough decline | -18.96% | -23.96% | +5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.25% | 5.15% | +8.10% |
Volatility
AAPX vs. COMT - Volatility Comparison
T-Rex 2X Long Apple Daily Target ETF (AAPX) has a higher volatility of 19.53% compared to iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) at 6.15%. This indicates that AAPX's price experiences larger fluctuations and is considered to be riskier than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPX | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.53% | 6.15% | +13.38% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 19.69% | +17.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.28% | 21.56% | +26.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.05% | 21.20% | +33.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.05% | 18.86% | +36.19% |
AAPX vs. COMT - Expense Ratio Comparison
AAPX has a 1.05% expense ratio, which is higher than COMT's 0.48% expense ratio.
Dividends
AAPX vs. COMT - Dividend Comparison
AAPX's dividend yield for the trailing twelve months is around 0.55%, less than COMT's 5.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 0.55% | 0.67% | 21.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 5.96% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
Frequently Asked Questions
AAPX and COMT have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPX has higher volatility (19.53%) compared to COMT (6.15%). In terms of maximum drawdown, AAPX dropped -58.55% vs COMT's -51.89%.
On 1-year performance, AAPX leads with 92.30% vs 33.06% for COMT. On fees, COMT is cheaper at 0.48% per year. On volatility, COMT has been the lower-risk option at 6.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AAPX has performed better with a 92.30% return vs 33.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COMT is cheaper with a 0.48% expense ratio, compared with 1.05% for AAPX.
COMT has the higher dividend yield at 5.96%, compared with 0.55% for AAPX.
AAPX is categorized as Leveraged Equities, while COMT is Commodities. They also come from different issuers: T-Rex and iShares. Their fees differ too: 1.05% for AAPX and 0.48% for COMT.
AAPX currently has the higher Sharpe Ratio (1.93 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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