APPX vs. LINT

Last updated Jun 23, 2026

APPX (Tradr 2X Long APP Daily ETF) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. APPX charges 1.30%/yr vs 0.97%/yr for LINT.

Performance

APPX vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long APP Daily ETF (APPX) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APPX achieves a -68.16% return, which is significantly lower than LINT's 744.89% return.

APPX

• 1D: -0.29%
• 1M: -9.85%
• YTD: -68.16%
• 6M: -73.24%
• 1Y: 7.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LINT

• 1D: -12.86%
• 1M: 11.99%
• YTD: 744.89%
• 6M: 773.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APPX vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
APPX Tradr 2X Long APP Daily ETF	-68.16%	57.34%
LINT Direxion Daily INTC Bull 2X Shares	744.89%	5.81%

Correlation

The correlation between APPX and LINT is 0.03, 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 Nov 19, 2025	0.03

Return for Risk

APPX vs. LINT — Risk / Return Rank

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

APPX

APPX Risk / Return Rank: 14
APPX Sharpe Ratio Rank: 9
APPX Sortino Ratio Rank: 20
APPX Omega Ratio Rank: 22
APPX Calmar Ratio Rank: 9
APPX Martin Ratio Rank: 9

LINT

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

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.

APPX vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APP Daily ETF (APPX) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

	APPX	LINT	Difference
Sharpe ratio: Return per unit of total volatility	0.05	—	—
Sortino ratio: Return per unit of downside risk	1.10	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.09	—	—
Martin ratio: Return relative to average drawdown	0.15	—	—

Drawdowns

APPX vs. LINT - Drawdown Comparison

The maximum APPX drawdown since its inception was -82.40%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for APPX and LINT.

Drawdown Indicators

	APPX	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-82.40%	-49.54%	-32.86%
Max Drawdown (1Y) Largest decline over 1 year	-82.40%	—	—
Current Drawdown Current decline from peak	-75.24%	-12.86%	-62.38%
Average Drawdown Average peak-to-trough decline	-38.46%	-20.48%	-17.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.64%	—	—

Volatility

Volatility by Period

	APPX	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	123.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	141.61%	168.83%	-27.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.99%	168.83%	-28.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.99%	168.83%	-28.84%

APPX vs. LINT - Expense Ratio Comparison

APPX has a 1.30% expense ratio, which is higher than LINT's 0.97% expense ratio.

Dividends

APPX vs. LINT - Dividend Comparison

APPX's dividend yield for the trailing twelve months is around 29.47%, more than LINT's 0.10% yield.

Position	TTM	2025
APPX Tradr 2X Long APP Daily ETF	29.47%	9.38%
LINT Direxion Daily INTC Bull 2X Shares	0.10%	0.25%

Frequently Asked Questions

Can I hold both APPX and LINT in my portfolio?

APPX and LINT have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APPX or LINT?

On fees, LINT is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APPX or LINT?

LINT is cheaper with a 0.97% expense ratio, compared with 1.30% for APPX.

Which ETF pays a higher dividend yield, APPX or LINT?

APPX has the higher dividend yield at 29.47%, compared with 0.10% for LINT.

What is the main difference between APPX and LINT?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for APPX and 0.97% for LINT.