BEX vs. AAOX

Last updated Jun 23, 2026

BEX (Tradr 2X Long BE Daily ETF) and AAOX (Tradr 2X Long AAOI Daily ETF) are both Leveraged Equities funds from Tradr. BEX is actively managed, while AAOX is passively managed. At a 0.08 correlation, their price movements are largely independent. BEX charges 1.30%/yr vs 1.49%/yr for AAOX.

Performance

BEX vs. AAOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long BE Daily ETF (BEX) and Tradr 2X Long AAOI Daily ETF (AAOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BEX

• 1D: 9.79%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAOX

• 1D: 10.98%
• 1M: -25.86%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEX vs. AAOX - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	10.94%
AAOX Tradr 2X Long AAOI Daily ETF	-25.86%

Correlation

The correlation between BEX and AAOX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.08

Return for Risk

BEX vs. AAOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BE Daily ETF (BEX) and Tradr 2X Long AAOI Daily ETF (AAOX). 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.

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

Drawdowns

BEX vs. AAOX - Drawdown Comparison

The maximum BEX drawdown since its inception was -47.06%, smaller than the maximum AAOX drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for BEX and AAOX.

Drawdown Indicators

	BEX	AAOX	Difference
Max Drawdown Largest peak-to-trough decline	-47.06%	-58.03%	+10.97%
Current Drawdown Current decline from peak	0.00%	-53.43%	+53.43%
Average Drawdown Average peak-to-trough decline	-22.48%	-26.06%	+3.58%

Volatility

Volatility by Period

	BEX	AAOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	203.63%	300.42%	-96.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	203.63%	300.42%	-96.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.63%	300.42%	-96.79%

BEX vs. AAOX - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is lower than AAOX's 1.49% expense ratio.

Dividends

BEX vs. AAOX - Dividend Comparison

Neither BEX nor AAOX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEX and AAOX in my portfolio?

BEX and AAOX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEX or AAOX?

On fees, BEX 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, BEX or AAOX?

BEX is cheaper with a 1.30% expense ratio, compared with 1.49% for AAOX.

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

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

What is the main difference between BEX and AAOX?

Their fees differ too: 1.30% for BEX and 1.49% for AAOX.