CRMX vs. APLX

Last updated Jun 23, 2026

CRMX (Tradr 2X Long CRML Daily ETF) and APLX (Tradr 2X Long APLD Daily ETF) are both Leveraged Equities funds from Tradr. CRMX is passively managed, while APLX is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. CRMX charges 1.49%/yr vs 1.30%/yr for APLX.

Performance

CRMX vs. APLX - Performance Comparison

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

Returns By Period

CRMX

• 1D: 4.89%
• 1M: -16.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APLX

• 1D: -5.43%
• 1M: -8.58%
• YTD: 80.91%
• 6M: 38.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRMX vs. APLX - Yearly Performance Comparison

	2026 (YTD)
CRMX Tradr 2X Long CRML Daily ETF	-79.69%
APLX Tradr 2X Long APLD Daily ETF	-21.11%

Correlation

The correlation between CRMX and APLX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.57

Return for Risk

CRMX vs. APLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CRML Daily ETF (CRMX) and Tradr 2X Long APLD Daily ETF (APLX). 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

CRMX vs. APLX - Drawdown Comparison

The maximum CRMX drawdown since its inception was -92.84%, which is greater than APLX's maximum drawdown of -84.39%. Use the drawdown chart below to compare losses from any high point for CRMX and APLX.

Drawdown Indicators

	CRMX	APLX	Difference
Max Drawdown Largest peak-to-trough decline	-92.84%	-84.39%	-8.45%
Current Drawdown Current decline from peak	-88.47%	-42.60%	-45.87%
Average Drawdown Average peak-to-trough decline	-76.58%	-45.32%	-31.26%

Volatility

Volatility by Period

	CRMX	APLX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	282.72%	214.93%	+67.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	282.72%	214.93%	+67.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	282.72%	214.93%	+67.79%

CRMX vs. APLX - Expense Ratio Comparison

CRMX has a 1.49% expense ratio, which is higher than APLX's 1.30% expense ratio.

Dividends

CRMX vs. APLX - Dividend Comparison

Neither CRMX nor APLX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CRMX and APLX in my portfolio?

CRMX and APLX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRMX or APLX?

On fees, APLX 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, CRMX or APLX?

APLX is cheaper with a 1.30% expense ratio, compared with 1.49% for CRMX.

Which ETF pays a higher dividend yield, CRMX or APLX?

CRMX and APLX have nearly identical dividend yields, around 0.00%.

What is the main difference between CRMX and APLX?

Their fees differ too: 1.49% for CRMX and 1.30% for APLX.