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ASTX vs. LITX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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.

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ASTX vs. LITX - Yearly Performance Comparison


Returns By Period


ASTX

1D
24.23%
1M
-3.04%
YTD
-11.05%
6M
35.87%
1Y
3Y*
5Y*
10Y*

LITX

1D
14.03%
1M
-14.23%
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ASTX vs. LITX - Expense Ratio Comparison

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


Return for Risk

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.


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

ASTX vs. LITX - Sharpe Ratio Comparison


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Sharpe Ratios by Period


ASTXLITXDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

205.09

-204.84

Correlation

The correlation between ASTX and LITX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

ASTX vs. LITX - Dividend Comparison

Neither ASTX nor LITX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ASTX vs. LITX - Drawdown Comparison

The maximum ASTX drawdown since its inception was -74.83%, which is greater than LITX's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for ASTX and LITX.


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Drawdown Indicators


ASTXLITXDifference

Max Drawdown

Largest peak-to-trough decline

-74.83%

-51.46%

-23.37%

Current Drawdown

Current decline from peak

-64.01%

-30.67%

-33.34%

Average Drawdown

Average peak-to-trough decline

-40.01%

-15.30%

-24.71%

Volatility

ASTX vs. LITX - Volatility Comparison


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Volatility by Period


ASTXLITXDifference

Volatility (1Y)

Calculated over the trailing 1-year period

208.22%

206.61%

+1.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

208.22%

206.61%

+1.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

208.22%

206.61%

+1.61%