ASTX vs. LITX

Last updated Jul 14, 2026

ASTX (Tradr 2X Long ASTS Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. ASTX charges 1.30%/yr vs 1.49%/yr for LITX.

Performance

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

Returns By Period

ASTX

• 1D: -15.53%
• 1M: -39.48%
• 6M: -77.89%
• YTD: -61.97%
• 1Y: -42.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITX

• 1D: -8.16%
• 1M: -34.75%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASTX vs. LITX - Yearly Performance Comparison

	2026 (YTD)
ASTX Tradr 2X Long ASTS Daily ETF	-79.45%
LITX Tradr 2X Long LITE Daily ETF	184.89%

Correlation

The correlation between ASTX and LITX is 0.19, 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 Jan 27, 2026	0.19

Return for Risk

ASTX vs. LITX — Risk / Return Rank

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

ASTX

ASTX Risk / Return Rank: 14
ASTX Sharpe Ratio Rank: 7
ASTX Sortino Ratio Rank: 27
ASTX Omega Ratio Rank: 24
ASTX Calmar Ratio Rank: 5
ASTX Martin Ratio Rank: 6

LITX

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.

ASTX vs. LITX - 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 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.

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	LITX	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	—	—
Sortino ratio: Return per unit of downside risk	1.25	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	-0.50	—	—
Martin ratio: Return relative to average drawdown	-0.80	—	—

Drawdowns

ASTX vs. LITX - Drawdown Comparison

The maximum ASTX drawdown since its inception was -84.62%, which is greater than LITX's maximum drawdown of -62.15%. Use the drawdown chart below to compare losses from any high point for ASTX and LITX.

Drawdown Indicators

	ASTX	LITX	Difference
Max Drawdown Largest peak-to-trough decline	-84.62%	-62.15%	-22.47%
Max Drawdown (1Y) Largest decline over 1 year	-84.62%	—	—
Current Drawdown Current decline from peak	-84.62%	-54.76%	-29.86%
Average Drawdown Average peak-to-trough decline	-47.33%	-20.94%	-26.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.44%	—	—

Volatility

Volatility by Period

	ASTX	LITX	Difference
Volatility (1M) Calculated over the trailing 1-month period	73.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	163.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	215.94%	193.93%	+22.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	215.62%	193.93%	+21.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	215.62%	193.93%	+21.69%

ASTX vs. LITX - Expense Ratio Comparison

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

Dividends

ASTX vs. LITX - Dividend Comparison

Neither ASTX nor LITX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASTX and LITX in my portfolio?

ASTX and LITX have a correlation of 0.19, 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 LITX?

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 LITX?

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

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

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

What is the main difference between ASTX and LITX?

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