APLX vs. SHV

Last updated Jun 24, 2026

APLX (Tradr 2X Long APLD Daily ETF) and SHV (iShares 0-1 Year Treasury Bond ETF) are both exchange-traded funds - APLX is a Leveraged Equities fund actively managed by Tradr, while SHV is a Government Bonds fund tracking the ICE Short US Treasury Securities Index. APLX is actively managed, while SHV is passively managed. At a 0.01 correlation, their price movements are largely independent. APLX charges 1.30%/yr vs 0.15%/yr for SHV.

Performance

APLX vs. SHV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long APLD Daily ETF (APLX) and iShares 0-1 Year Treasury Bond ETF (SHV). 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 higher than SHV's 1.60% return.

APLX

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

SHV

• 1D: 0.02%
• 1M: 0.26%
• YTD: 1.60%
• 6M: 1.70%
• 1Y: 3.83%
• 3Y*: 4.61%
• 5Y*: 3.35%
• 10Y*: 2.23%

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

APLX vs. SHV - Yearly Performance Comparison

	2026 (YTD)	2025
APLX Tradr 2X Long APLD Daily ETF	80.67%	83.15%
SHV iShares 0-1 Year Treasury Bond ETF	1.60%	1.23%

Correlation

The correlation between APLX and SHV is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.01

Return for Risk

APLX vs. SHV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SHV

SHV Risk / Return Rank: 100
SHV Sharpe Ratio Rank: 100
SHV Sortino Ratio Rank: 100
SHV Omega Ratio Rank: 100
SHV Calmar Ratio Rank: 100
SHV Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APLX vs. SHV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APLD Daily ETF (APLX) and iShares 0-1 Year Treasury Bond ETF (SHV). 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	SHV	Difference
Sharpe ratio: Return per unit of total volatility	—	18.56	—
Sortino ratio: Return per unit of downside risk	—	98.01	—
Omega ratio: Gain probability vs. loss probability	—	35.59	—
Calmar ratio: Return relative to maximum drawdown	—	141.48	—
Martin ratio: Return relative to average drawdown	—	1,585.41	—

Drawdowns

APLX vs. SHV - Drawdown Comparison

The maximum APLX drawdown since its inception was -84.39%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for APLX and SHV.

Drawdown Indicators

	APLX	SHV	Difference
Max Drawdown Largest peak-to-trough decline	-84.39%	-0.45%	-83.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.03%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.45%	—
Current Drawdown Current decline from peak	-42.67%	0.00%	-42.67%
Average Drawdown Average peak-to-trough decline	-45.30%	-0.03%	-45.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	APLX	SHV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	214.39%	0.21%	+214.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.39%	0.29%	+214.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.39%	0.28%	+214.11%

APLX vs. SHV - Expense Ratio Comparison

APLX has a 1.30% expense ratio, which is higher than SHV's 0.15% expense ratio.

Dividends

APLX vs. SHV - Dividend Comparison

APLX has not paid dividends to shareholders, while SHV's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APLX Tradr 2X Long APLD Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SHV iShares 0-1 Year Treasury Bond ETF	3.83%	4.09%	5.02%	4.73%	1.39%	0.00%	0.74%	2.19%	1.66%	0.72%	0.34%	0.03%

Frequently Asked Questions

Can I hold both APLX and SHV in my portfolio?

APLX and SHV have a correlation of 0.01, 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 SHV?

On fees, SHV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APLX or SHV?

SHV is cheaper with a 0.15% expense ratio, compared with 1.30% for APLX.

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

SHV has the higher dividend yield at 3.83%, compared with 0.00% for APLX.

What is the main difference between APLX and SHV?

APLX is categorized as Leveraged Equities, while SHV is Government Bonds. They also come from different issuers: Tradr and iShares. Their fees differ too: 1.30% for APLX and 0.15% for SHV.