APLX vs. QUBX
APLX (Tradr 2X Long APLD Daily ETF) and QUBX (Tradr 2X Long QUBT Daily ETF) are both Leveraged Equities funds from Tradr. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 1.30% expense ratio.
Performance
APLX vs. QUBX - Performance Comparison
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Returns By Period
In the year-to-date period, APLX achieves a -41.66% return, which is significantly higher than QUBX's -70.05% return.
APLX
- 1D
- -17.45%
- 1M
- -69.28%
- 6M
- -69.88%
- YTD
- -41.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUBX
- 1D
- -10.14%
- 1M
- -47.00%
- 6M
- -78.26%
- YTD
- -70.05%
- 1Y
- -94.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLX vs. QUBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
APLX Tradr 2X Long APLD Daily ETF | -41.66% | 83.15% |
QUBX Tradr 2X Long QUBT Daily ETF | -70.05% | -72.73% |
Correlation
The correlation between APLX and QUBX is 0.54, 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 Sep 9, 2025 | 0.54 |
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Return for Risk
APLX vs. QUBX — Risk / Return Rank
APLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QUBX
APLX vs. QUBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APLD Daily ETF (APLX) and Tradr 2X Long QUBT Daily ETF (QUBX). 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 | QUBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.91 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.99 | — |
| Martin ratioReturn relative to average drawdown | — | -1.21 | — |
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Drawdowns
APLX vs. QUBX - Drawdown Comparison
The maximum APLX drawdown since its inception was -84.39%, smaller than the maximum QUBX drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for APLX and QUBX.
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Drawdown Indicators
| APLX | QUBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.39% | -96.40% | +12.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -96.40% | — |
Current DrawdownCurrent decline from peak | -81.49% | -96.36% | +14.87% |
Average DrawdownAverage peak-to-trough decline | -47.04% | -72.12% | +25.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 78.17% | — |
Volatility
APLX vs. QUBX - Volatility Comparison
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Volatility by Period
| APLX | QUBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 47.14% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 133.49% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 211.41% | 198.97% | +12.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 211.41% | 198.32% | +13.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 211.41% | 198.32% | +13.09% |
APLX vs. QUBX - Expense Ratio Comparison
Both APLX and QUBX have an expense ratio of 1.30%.
Dividends
APLX vs. QUBX - Dividend Comparison
Neither APLX nor QUBX has paid dividends to shareholders.
Frequently Asked Questions
APLX and QUBX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
APLX and QUBX have the same expense ratio: 1.30% per year.
APLX and QUBX have nearly identical dividend yields, around 0.00%.
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