APLX vs. BEG

Last updated Jun 24, 2026

APLX (Tradr 2X Long APLD Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. APLX charges 1.30%/yr vs 0.75%/yr for BEG.

Performance

APLX vs. BEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long APLD Daily ETF (APLX) and Leverage Shares 2X Long BE Daily ETF (BEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APLX achieves a 80.67% return, which is significantly lower than BEG's 658.88% return.

APLX

• 1D: -0.13%
• 1M: -8.70%
• YTD: 80.67%
• 6M: 57.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: -13.66%
• 1M: 4.00%
• YTD: 658.88%
• 6M: 577.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APLX vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
APLX Tradr 2X Long APLD Daily ETF	80.67%	6.76%
BEG Leverage Shares 2X Long BE Daily ETF	658.88%	1.77%

Correlation

The correlation between APLX and BEG is 0.60, 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 Dec 16, 2025	0.60

Return for Risk

APLX vs. BEG - 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 BE Daily ETF (BEG). 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

APLX vs. BEG - Drawdown Comparison

The maximum APLX drawdown since its inception was -84.39%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for APLX and BEG.

Drawdown Indicators

	APLX	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-84.39%	-59.85%	-24.54%
Current Drawdown Current decline from peak	-42.67%	-13.66%	-29.01%
Average Drawdown Average peak-to-trough decline	-45.30%	-16.74%	-28.56%

Volatility

Volatility by Period

	APLX	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	214.39%	212.91%	+1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.39%	212.91%	+1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.39%	212.91%	+1.48%

APLX vs. BEG - Expense Ratio Comparison

APLX has a 1.30% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

APLX vs. BEG - Dividend Comparison

Neither APLX nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both APLX and BEG in my portfolio?

APLX and BEG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APLX or BEG?

On fees, BEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APLX or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 1.30% for APLX.

Which ETF pays a higher dividend yield, APLX or BEG?

APLX and BEG have nearly identical dividend yields, around 0.00%.

What is the main difference between APLX and BEG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for APLX and 0.75% for BEG.