ASTX vs. APLX

Last updated Jun 3, 2026

ASTX (Tradr 2X Long ASTS Daily ETF) and APLX (Tradr 2X Long APLD Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 1.30% expense ratio.

Performance

ASTX vs. APLX - 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 APLD Daily ETF (APLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASTX achieves a 40.25% return, which is significantly lower than APLX's 112.11% return.

ASTX

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

APLX

• 1D: -0.66%
• 1M: 78.37%
• YTD: 112.11%
• 6M: 41.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASTX vs. APLX - Yearly Performance Comparison

	2026 (YTD)	2025
ASTX Tradr 2X Long ASTS Daily ETF	40.25%	158.17%
APLX Tradr 2X Long APLD Daily ETF	112.11%	71.82%

Correlation

The correlation between ASTX and APLX is 0.50, 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 10, 2025	0.50

Return for Risk

ASTX vs. APLX - 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 APLD Daily ETF (APLX). 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	APLX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	2.27	-1.63

Drawdowns

ASTX vs. APLX - Drawdown Comparison

The maximum ASTX drawdown since its inception was -80.36%, roughly equal to the maximum APLX drawdown of -84.39%. Use the drawdown chart below to compare losses from any high point for ASTX and APLX.

Drawdown Indicators

	ASTX	APLX	Difference
Max Drawdown Largest peak-to-trough decline	-80.36%	-84.39%	+4.03%
Current Drawdown Current decline from peak	-43.26%	-32.70%	-10.56%
Average Drawdown Average peak-to-trough decline	-44.30%	-45.52%	+1.22%

Volatility

Volatility by Period

	ASTX	APLX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	211.58%	218.21%	-6.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	211.58%	218.21%	-6.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	211.58%	218.21%	-6.63%

ASTX vs. APLX - Expense Ratio Comparison

Both ASTX and APLX have an expense ratio of 1.30%.

Dividends

ASTX vs. APLX - Dividend Comparison

Neither ASTX nor APLX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASTX and APLX in my portfolio?

ASTX and APLX have a correlation of 0.50, 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 APLX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASTX or APLX?

ASTX and APLX have the same expense ratio: 1.30% per year.

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

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