APLX vs. DLLL
APLX (Tradr 2X Long APLD Daily ETF) and DLLL (GraniteShares 2x Long DELL Daily ETF) are both Leveraged Equities funds. APLX is actively managed, while DLLL is passively managed. At a 0.26 correlation, their price movements are largely independent. APLX charges 1.30%/yr vs 1.50%/yr for DLLL.
Performance
APLX vs. DLLL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APLX achieves a 85.45% return, which is significantly lower than DLLL's 757.76% return.
APLX
- 1D
- -12.57%
- 1M
- 39.18%
- YTD
- 85.45%
- 6M
- 13.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DLLL
- 1D
- -6.45%
- 1M
- 245.92%
- YTD
- 757.76%
- 6M
- 648.38%
- 1Y
- 850.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLX vs. DLLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
APLX Tradr 2X Long APLD Daily ETF | 85.45% | 71.82% |
DLLL GraniteShares 2x Long DELL Daily ETF | 757.76% | -1.00% |
Correlation
The correlation between APLX and DLLL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
APLX vs. DLLL — Risk / Return Rank
APLX
DLLL
APLX vs. DLLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APLD Daily ETF (APLX) and GraniteShares 2x Long DELL Daily ETF (DLLL). 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.
Loading charts...
Sharpe Ratios by Period
| APLX | DLLL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 6.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.79 | 3.16 | -1.37 |
Drawdowns
APLX vs. DLLL - Drawdown Comparison
The maximum APLX drawdown since its inception was -84.39%, which is greater than DLLL's maximum drawdown of -68.58%. Use the drawdown chart below to compare losses from any high point for APLX and DLLL.
Loading charts...
Drawdown Indicators
| APLX | DLLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.39% | -68.58% | -15.81% |
Max Drawdown (1Y)Largest decline over 1 year | — | -57.19% | — |
Current DrawdownCurrent decline from peak | -41.16% | -18.86% | -22.30% |
Average DrawdownAverage peak-to-trough decline | -45.49% | -25.91% | -19.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 27.36% | — |
Volatility
APLX vs. DLLL - Volatility Comparison
Loading charts...
Volatility by Period
| APLX | DLLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 69.39% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 102.08% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 218.24% | 129.28% | +88.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 218.24% | 130.55% | +87.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 218.24% | 130.55% | +87.69% |
APLX vs. DLLL - Expense Ratio Comparison
APLX has a 1.30% expense ratio, which is lower than DLLL's 1.50% expense ratio.
Dividends
APLX vs. DLLL - Dividend Comparison
Neither APLX nor DLLL has paid dividends to shareholders.
Frequently Asked Questions
APLX and DLLL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, APLX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APLX is cheaper with a 1.30% expense ratio, compared with 1.50% for DLLL.
APLX and DLLL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and GraniteShares. Their fees differ too: 1.30% for APLX and 1.50% for DLLL.
Find the right allocation for APLX and DLLL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer