APLX vs. ADBG
APLX (Tradr 2X Long APLD Daily ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.16, they often move in opposite directions. APLX charges 1.30%/yr vs 0.75%/yr for ADBG.
Performance
APLX vs. ADBG - Performance Comparison
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Returns By Period
In the year-to-date period, APLX achieves a 80.91% return, which is significantly higher than ADBG's -73.48% return.
APLX
- 1D
- -5.43%
- 1M
- -8.58%
- YTD
- 80.91%
- 6M
- 38.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADBG
- 1D
- -0.73%
- 1M
- -39.24%
- YTD
- -73.48%
- 6M
- -74.65%
- 1Y
- -79.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLX vs. ADBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
APLX Tradr 2X Long APLD Daily ETF | 80.91% | 83.15% |
ADBG Leverage Shares 2X Long ADBE Daily ETF | -73.48% | -10.59% |
Correlation
The correlation between APLX and ADBG is -0.16, 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 (All Time) Calculated using the full available price history since Sep 9, 2025 | -0.16 |
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Return for Risk
APLX vs. ADBG — Risk / Return Rank
APLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ADBG
APLX vs. ADBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APLD Daily ETF (APLX) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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.
| APLX | ADBG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.71 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.70 | — |
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Drawdowns
APLX vs. ADBG - Drawdown Comparison
The maximum APLX drawdown since its inception was -84.39%, roughly equal to the maximum ADBG drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for APLX and ADBG.
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Drawdown Indicators
| APLX | ADBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.39% | -83.90% | -0.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -80.96% | — |
Current DrawdownCurrent decline from peak | -42.60% | -83.90% | +41.30% |
Average DrawdownAverage peak-to-trough decline | -45.32% | -42.93% | -2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 46.82% | — |
Volatility
APLX vs. ADBG - Volatility Comparison
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Volatility by Period
| APLX | ADBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 32.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.17% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 214.93% | 69.28% | +145.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 214.93% | 68.78% | +146.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 214.93% | 68.78% | +146.15% |
APLX vs. ADBG - Expense Ratio Comparison
APLX has a 1.30% expense ratio, which is higher than ADBG's 0.75% expense ratio.
Dividends
APLX vs. ADBG - Dividend Comparison
Neither APLX nor ADBG has paid dividends to shareholders.
Frequently Asked Questions
APLX and ADBG have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ADBG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ADBG is cheaper with a 0.75% expense ratio, compared with 1.30% for APLX.
APLX and ADBG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for APLX and 0.75% for ADBG.
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