BEZ vs. ASTX

Last updated Jun 6, 2026

BEZ (Tradr 2X Short BE Daily ETF) and ASTX (Tradr 2X Long ASTS Daily ETF) are both exchange-traded funds - BEZ is a Inverse Equities fund tracking the Bloom Energy Corporation (BE), while ASTX is a Leveraged Equities fund actively managed by Tradr. BEZ is passively managed, while ASTX is actively managed. At a correlation of -0.42, they often move in opposite directions. BEZ charges 1.49%/yr vs 1.30%/yr for ASTX.

Performance

BEZ vs. ASTX - Performance Comparison

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

Returns By Period

BEZ

• 1D: 19.75%
• 1M: -5.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASTX

• 1D: -25.49%
• 1M: 44.67%
• YTD: -14.76%
• 6M: -26.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEZ vs. ASTX - Yearly Performance Comparison

	2026 (YTD)
BEZ Tradr 2X Short BE Daily ETF	-91.00%
ASTX Tradr 2X Long ASTS Daily ETF	-41.80%

Correlation

The correlation between BEZ and ASTX is -0.42, 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 Feb 12, 2026	-0.42

Return for Risk

BEZ vs. ASTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short BE Daily ETF (BEZ) and Tradr 2X Long ASTS Daily ETF (ASTX). 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

	BEZ	ASTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	0.16	-0.61

Drawdowns

BEZ vs. ASTX - Drawdown Comparison

The maximum BEZ drawdown since its inception was -94.19%, which is greater than ASTX's maximum drawdown of -80.36%. Use the drawdown chart below to compare losses from any high point for BEZ and ASTX.

Drawdown Indicators

	BEZ	ASTX	Difference
Max Drawdown Largest peak-to-trough decline	-94.19%	-80.36%	-13.83%
Current Drawdown Current decline from peak	-92.58%	-65.52%	-27.06%
Average Drawdown Average peak-to-trough decline	-60.62%	-44.47%	-16.15%

Volatility

Volatility by Period

	BEZ	ASTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	224.98%	212.96%	+12.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	224.98%	212.96%	+12.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	224.98%	212.96%	+12.02%

BEZ vs. ASTX - Expense Ratio Comparison

BEZ has a 1.49% expense ratio, which is higher than ASTX's 1.30% expense ratio.

Dividends

BEZ vs. ASTX - Dividend Comparison

Neither BEZ nor ASTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEZ and ASTX in my portfolio?

BEZ and ASTX have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEZ or ASTX?

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, BEZ or ASTX?

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

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

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

What is the main difference between BEZ and ASTX?

BEZ is categorized as Inverse Equities, while ASTX is Leveraged Equities. Their fees differ too: 1.49% for BEZ and 1.30% for ASTX.