APLZ vs. LITX

Last updated Jun 6, 2026

APLZ (Tradr 2X Short APLD Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both exchange-traded funds - APLZ is a Inverse Equities fund tracking the Applied Digital Corporation (APLD), while LITX is a Leveraged Equities fund actively managed by Tradr. APLZ is passively managed, while LITX is actively managed. At a correlation of -0.30, they often move in opposite directions. Both charge a 1.49% expense ratio.

Performance

APLZ vs. LITX - Performance Comparison

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

Returns By Period

APLZ

• 1D: 21.29%
• 1M: -13.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITX

• 1D: -17.33%
• 1M: -24.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APLZ vs. LITX - Yearly Performance Comparison

	2026 (YTD)
APLZ Tradr 2X Short APLD Daily ETF	-77.06%
LITX Tradr 2X Long LITE Daily ETF	259.88%

Correlation

The correlation between APLZ and LITX is -0.30, 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 Jan 28, 2026	-0.30

Return for Risk

APLZ vs. LITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short APLD Daily ETF (APLZ) and Tradr 2X Long LITE Daily ETF (LITX). 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.

Sharpe Ratios by Period

	APLZ	LITX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	17.59	-18.03

Drawdowns

APLZ vs. LITX - Drawdown Comparison

The maximum APLZ drawdown since its inception was -91.78%, which is greater than LITX's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for APLZ and LITX.

Drawdown Indicators

	APLZ	LITX	Difference
Max Drawdown Largest peak-to-trough decline	-91.78%	-51.46%	-40.32%
Current Drawdown Current decline from peak	-87.79%	-38.04%	-49.75%
Average Drawdown Average peak-to-trough decline	-53.63%	-14.86%	-38.77%

Volatility

Volatility by Period

	APLZ	LITX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	229.43%	200.54%	+28.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	229.43%	200.54%	+28.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	229.43%	200.54%	+28.89%

APLZ vs. LITX - Expense Ratio Comparison

Both APLZ and LITX have an expense ratio of 1.49%.

Dividends

APLZ vs. LITX - Dividend Comparison

Neither APLZ nor LITX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both APLZ and LITX in my portfolio?

APLZ and LITX have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APLZ or LITX?

Both ETFs have the same 1.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APLZ or LITX?

APLZ and LITX have the same expense ratio: 1.49% per year.

Which ETF pays a higher dividend yield, APLZ or LITX?

APLZ and LITX have nearly identical dividend yields, around 0.00%.

What is the main difference between APLZ and LITX?

APLZ is categorized as Inverse Equities, while LITX is Leveraged Equities.