ASTX vs. RAVI

Last updated Jun 4, 2026

ASTX (Tradr 2X Long ASTS Daily ETF) and RAVI (FlexShares Ultra-Short Income ETF) are both exchange-traded funds - ASTX is a Leveraged Equities fund actively managed by Tradr, while RAVI is a Ultrashort Bond fund actively managed by FlexShares. Both are actively managed. At a correlation of -0.16, they often move in opposite directions. ASTX charges 1.30%/yr vs 0.25%/yr for RAVI.

Performance

ASTX vs. RAVI - Performance Comparison

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

Returns By Period

In the year-to-date period, ASTX achieves a 15.62% return, which is significantly higher than RAVI's 1.53% return.

ASTX

• 1D: -17.56%
• 1M: 106.50%
• YTD: 15.62%
• 6M: 40.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RAVI

• 1D: 0.02%
• 1M: 0.39%
• YTD: 1.53%
• 6M: 1.92%
• 1Y: 4.50%
• 3Y*: 5.21%
• 5Y*: 3.50%
• 10Y*: 2.67%

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

ASTX vs. RAVI - Yearly Performance Comparison

	2026 (YTD)	2025
ASTX Tradr 2X Long ASTS Daily ETF	15.62%	52.29%
RAVI FlexShares Ultra-Short Income ETF	1.53%	2.37%

Correlation

The correlation between ASTX and RAVI is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	-0.16

Return for Risk

ASTX vs. RAVI — Risk / Return Rank

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

RAVI

RAVI Risk / Return Rank: 99
RAVI Sharpe Ratio Rank: 99
RAVI Sortino Ratio Rank: 99
RAVI Omega Ratio Rank: 99
RAVI Calmar Ratio Rank: 99
RAVI Martin Ratio Rank: 99

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. RAVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) and FlexShares Ultra-Short Income ETF (RAVI). 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	RAVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	11.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	2.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	2.03	-1.61

Drawdowns

ASTX vs. RAVI - Drawdown Comparison

The maximum ASTX drawdown since its inception was -80.36%, which is greater than RAVI's maximum drawdown of -3.72%. Use the drawdown chart below to compare losses from any high point for ASTX and RAVI.

Drawdown Indicators

	ASTX	RAVI	Difference
Max Drawdown Largest peak-to-trough decline	-80.36%	-3.72%	-76.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-3.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-3.72%	—
Current Drawdown Current decline from peak	-53.23%	0.00%	-53.23%
Average Drawdown Average peak-to-trough decline	-44.34%	-0.17%	-44.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.02%	—

Volatility

Volatility by Period

	ASTX	RAVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	212.04%	0.41%	+211.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	212.04%	1.41%	+210.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	212.04%	1.28%	+210.76%

ASTX vs. RAVI - Expense Ratio Comparison

ASTX has a 1.30% expense ratio, which is higher than RAVI's 0.25% expense ratio.

Dividends

ASTX vs. RAVI - Dividend Comparison

ASTX has not paid dividends to shareholders, while RAVI's dividend yield for the trailing twelve months is around 4.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ASTX Tradr 2X Long ASTS Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RAVI FlexShares Ultra-Short Income ETF	4.38%	4.59%	5.34%	4.55%	1.70%	0.90%	1.29%	2.53%	2.22%	1.28%	0.90%

Frequently Asked Questions

Can I hold both ASTX and RAVI in my portfolio?

ASTX and RAVI have a correlation of -0.16, 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 RAVI?

On fees, RAVI is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASTX or RAVI?

RAVI is cheaper with a 0.25% expense ratio, compared with 1.30% for ASTX.

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

RAVI has the higher dividend yield at 4.38%, compared with 0.00% for ASTX.

What is the main difference between ASTX and RAVI?

ASTX is categorized as Leveraged Equities, while RAVI is Ultrashort Bond. They also come from different issuers: Tradr and FlexShares. Their fees differ too: 1.30% for ASTX and 0.25% for RAVI.