COZX vs. PATX

Last updated Jul 17, 2026

COZX (Tradr 2X Long CORZ Daily ETF) and PATX (Tradr 2X Long PATH Daily ETF) are both Leveraged Equities funds from Tradr. COZX is actively managed, while PATX is passively managed. At a 0.02 correlation, their price movements are largely independent. COZX charges 1.30%/yr vs 1.49%/yr for PATX.

Performance

COZX vs. PATX - Performance Comparison

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

Returns By Period

COZX

• 1D: -15.49%
• 1M: -47.58%
• 6M: -2.66%
• YTD: 46.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PATX

• 1D: 1.61%
• 1M: 27.84%
• 6M: -48.00%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COZX vs. PATX - Yearly Performance Comparison

	2026 (YTD)
COZX Tradr 2X Long CORZ Daily ETF	4.15%
PATX Tradr 2X Long PATH Daily ETF	-61.98%

Correlation

The correlation between COZX and PATX is 0.02, 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 Jan 13, 2026	0.02

Return for Risk

COZX vs. PATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CORZ Daily ETF (COZX) and Tradr 2X Long PATH Daily ETF (PATX). 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

COZX vs. PATX - Drawdown Comparison

The maximum COZX drawdown since its inception was -70.44%, smaller than the maximum PATX drawdown of -74.56%. Use the drawdown chart below to compare losses from any high point for COZX and PATX.

Drawdown Indicators

	COZX	PATX	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-74.56%	+4.12%
Current Drawdown Current decline from peak	-52.05%	-61.98%	+9.93%
Average Drawdown Average peak-to-trough decline	-40.75%	-60.78%	+20.03%

Volatility

Volatility by Period

	COZX	PATX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	139.78%	116.56%	+23.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.78%	116.56%	+23.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.78%	116.56%	+23.22%

COZX vs. PATX - Expense Ratio Comparison

COZX has a 1.30% expense ratio, which is lower than PATX's 1.49% expense ratio.

Dividends

COZX vs. PATX - Dividend Comparison

Neither COZX nor PATX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COZX and PATX in my portfolio?

COZX and PATX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COZX or PATX?

On fees, COZX 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, COZX or PATX?

COZX is cheaper with a 1.30% expense ratio, compared with 1.49% for PATX.

Which ETF pays a higher dividend yield, COZX or PATX?

COZX and PATX have nearly identical dividend yields, around 0.00%.

What is the main difference between COZX and PATX?

Their fees differ too: 1.30% for COZX and 1.49% for PATX.