FPA vs. LRCU

Last updated Jun 14, 2026

FPA (First Trust Asia Pacific ex-Japan AlphaDEX Fund) and LRCU (Tradr 2X Long LRCX Daily ETF) are both exchange-traded funds - FPA is a Asia Pacific Equities fund tracking the NASDAQ AlphaDEX Asia Pacific Ex-Japan Index, while LRCU is a Leveraged Equities fund actively managed by Tradr. FPA is passively managed, while LRCU is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. FPA charges 0.80%/yr vs 1.30%/yr for LRCU.

Performance

FPA vs. LRCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) and Tradr 2X Long LRCX Daily ETF (LRCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FPA achieves a 47.02% return, which is significantly lower than LRCU's 268.21% return.

FPA

• 1D: -0.27%
• 1M: 3.70%
• YTD: 47.02%
• 6M: 47.32%
• 1Y: 65.35%
• 3Y*: 29.68%
• 5Y*: 12.60%
• 10Y*: 11.11%

LRCU

• 1D: 1.75%
• 1M: 57.23%
• YTD: 268.21%
• 6M: 315.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FPA vs. LRCU - Yearly Performance Comparison

	2026 (YTD)	2025
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund	47.02%	6.48%
LRCU Tradr 2X Long LRCX Daily ETF	268.21%	172.36%

Correlation

The correlation between FPA and LRCU 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 Aug 19, 2025	0.57

Return for Risk

FPA vs. LRCU — Risk / Return Rank

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

FPA

FPA Risk / Return Rank: 83
FPA Sharpe Ratio Rank: 85
FPA Sortino Ratio Rank: 78
FPA Omega Ratio Rank: 81
FPA Calmar Ratio Rank: 87
FPA Martin Ratio Rank: 84

LRCU

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

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.

FPA vs. LRCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) and Tradr 2X Long LRCX Daily ETF (LRCU). 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.

	FPA	LRCU	Difference
Sharpe ratio: Return per unit of total volatility	2.41	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.32	—	—
Martin ratio: Return relative to average drawdown	14.88	—	—

Drawdowns

FPA vs. LRCU - Drawdown Comparison

The maximum FPA drawdown since its inception was -52.91%, which is greater than LRCU's maximum drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for FPA and LRCU.

Drawdown Indicators

	FPA	LRCU	Difference
Max Drawdown Largest peak-to-trough decline	-52.91%	-40.09%	-12.82%
Max Drawdown (1Y) Largest decline over 1 year	-15.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.91%	—	—
Current Drawdown Current decline from peak	-6.94%	0.00%	-6.94%
Average Drawdown Average peak-to-trough decline	-13.47%	-9.34%	-4.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	—	—

Volatility

Volatility by Period

	FPA	LRCU	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	113.97%	-86.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.43%	113.97%	-89.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	113.97%	-91.34%

FPA vs. LRCU - Expense Ratio Comparison

FPA has a 0.80% expense ratio, which is lower than LRCU's 1.30% expense ratio.

Dividends

FPA vs. LRCU - Dividend Comparison

FPA's dividend yield for the trailing twelve months is around 3.63%, while LRCU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund	3.63%	4.71%	3.40%	3.02%	4.22%	5.12%	1.59%	3.90%	2.81%	3.15%	2.42%	1.74%
LRCU Tradr 2X Long LRCX Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FPA and LRCU in my portfolio?

FPA and LRCU 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, FPA or LRCU?

On fees, FPA is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FPA or LRCU?

FPA is cheaper with a 0.80% expense ratio, compared with 1.30% for LRCU.

Which ETF pays a higher dividend yield, FPA or LRCU?

FPA has the higher dividend yield at 3.63%, compared with 0.00% for LRCU.

What is the main difference between FPA and LRCU?

FPA is categorized as Asia Pacific Equities, while LRCU is Leveraged Equities. They also come from different issuers: First Trust and Tradr. Their fees differ too: 0.80% for FPA and 1.30% for LRCU.