ASTX vs. BEX

Last updated Aug 1, 2026

ASTX (Tradr 2X Long ASTS Daily ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.32 correlation means their historical movements had little consistent relationship. Both charge a 1.30% expense ratio.

Performance

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

Returns By Period

ASTX

• 1D: 1.69%
• 1M: -57.22%
• 6M: -87.02%
• YTD: -73.48%
• 1Y: -68.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -54.70%

BEX

• 1D: -0.74%
• 1M: -51.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ASTX Tradr 2X Long ASTS Daily ETF	$48.95M	$70.14M	$195.58M
BEX Tradr 2X Long BE Daily ETF	$83.57M	$80.37M	$68.34M

ASTX vs. BEX - Yearly Performance Comparison

	2026 (YTD)
ASTX Tradr 2X Long ASTS Daily ETF	-78.19%
BEX Tradr 2X Long BE Daily ETF	-69.85%

Correlation

The correlation between ASTX and BEX is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.32

Return for Risk

ASTX vs. BEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ASTX

ASTX Risk / Return Rank: 11
ASTX Sharpe Ratio Rank: 7
ASTX Sortino Ratio Rank: 23
ASTX Omega Ratio Rank: 21
ASTX Calmar Ratio Rank: 3
ASTX Martin Ratio Rank: 2

BEX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ASTX vs. BEX - 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 BE Daily ETF (BEX). 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.

	ASTX	BEX	Difference
Sharpe ratio: Return per unit of total volatility	-0.32	—	—
Sortino ratio: Return per unit of downside risk	0.83	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	-0.76	—	—
Martin ratio: Return relative to average drawdown	-1.27	—	—

Drawdowns

ASTX vs. BEX - Drawdown Comparison

The maximum ASTX drawdown since its inception was -91.24%, which is greater than BEX's maximum drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for ASTX and BEX.

Drawdown Indicators

	ASTX	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-91.24%	-82.16%	-9.08%
Max Drawdown (1Y) Largest decline over 1 year	-91.24%	—	—
Current Drawdown Current decline from peak	-89.27%	-72.82%	-16.45%
Average Drawdown Average peak-to-trough decline	-49.51%	-41.43%	-8.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.73%	—	—

Volatility

Volatility by Period

	ASTX	BEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	60.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	163.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	218.96%	264.69%	-45.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	215.72%	264.69%	-48.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	215.72%	264.69%	-48.97%

ASTX vs. BEX - Expense Ratio Comparison

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

Dividends

ASTX vs. BEX - Dividend Comparison

Neither ASTX nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASTX and BEX in my portfolio?

ASTX and BEX have a correlation of 0.32, 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 BEX?

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 BEX?

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

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

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