ASTX vs. AAOX

Last updated Jun 3, 2026

ASTX (Tradr 2X Long ASTS Daily ETF) and AAOX (Tradr 2X Long AAOI Daily ETF) are both Leveraged Equities funds from Tradr. ASTX is actively managed, while AAOX is passively managed. At a 0.21 correlation, their price movements are largely independent. ASTX charges 1.30%/yr vs 1.49%/yr for AAOX.

Performance

ASTX vs. AAOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ASTS Daily ETF (ASTX) and Tradr 2X Long AAOI Daily ETF (AAOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASTX

• 1D: 23.61%
• 1M: 132.25%
• YTD: 40.25%
• 6M: 96.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAOX

• 1D: 17.21%
• 1M: 1.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASTX vs. AAOX - Yearly Performance Comparison

	2026 (YTD)
ASTX Tradr 2X Long ASTS Daily ETF	35.67%
AAOX Tradr 2X Long AAOI Daily ETF	106.11%

Correlation

The correlation between ASTX and AAOX is 0.21, 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 Mar 25, 2026	0.21

Return for Risk

ASTX vs. AAOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) and Tradr 2X Long AAOI Daily ETF (AAOX). 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

	ASTX	AAOX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	15.04	-14.40

Drawdowns

ASTX vs. AAOX - Drawdown Comparison

The maximum ASTX drawdown since its inception was -80.36%, which is greater than AAOX's maximum drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for ASTX and AAOX.

Drawdown Indicators

	ASTX	AAOX	Difference
Max Drawdown Largest peak-to-trough decline	-80.36%	-52.25%	-28.11%
Current Drawdown Current decline from peak	-43.26%	-24.97%	-18.29%
Average Drawdown Average peak-to-trough decline	-44.30%	-20.93%	-23.37%

Volatility

Volatility by Period

	ASTX	AAOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	211.58%	292.69%	-81.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	211.58%	292.69%	-81.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	211.58%	292.69%	-81.11%

ASTX vs. AAOX - Expense Ratio Comparison

ASTX has a 1.30% expense ratio, which is lower than AAOX's 1.49% expense ratio.

Dividends

ASTX vs. AAOX - Dividend Comparison

Neither ASTX nor AAOX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASTX and AAOX in my portfolio?

ASTX and AAOX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASTX or AAOX?

On fees, ASTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASTX or AAOX?

ASTX is cheaper with a 1.30% expense ratio, compared with 1.49% for AAOX.

Which ETF pays a higher dividend yield, ASTX or AAOX?

ASTX and AAOX have nearly identical dividend yields, around 0.00%.

What is the main difference between ASTX and AAOX?

Their fees differ too: 1.30% for ASTX and 1.49% for AAOX.