GEVX vs. APLX
GEVX (Tradr 2X Long GEV Daily ETF) and APLX (Tradr 2X Long APLD Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.45 correlation means their historical movements had little consistent relationship. Both charge a 1.30% expense ratio.
Performance
GEVX vs. APLX - Performance Comparison
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Returns By Period
In the year-to-date period, GEVX achieves a 88.87% return, which is significantly higher than APLX's -42.49% return.
GEVX
- 1D
- 1.30%
- 1M
- -23.61%
- 6M
- 55.17%
- YTD
- 88.87%
- 1Y
- 61.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 124.12%
APLX
- 1D
- -4.41%
- 1M
- -39.18%
- 6M
- -66.42%
- YTD
- -42.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.98M | $17.26M | $30.76M | |
| $6.33M | $6.18M | $7.07M |
GEVX vs. APLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEVX Tradr 2X Long GEV Daily ETF | 88.87% | 5.02% |
APLX Tradr 2X Long APLD Daily ETF | -42.49% | 83.15% |
Correlation
The correlation between GEVX and APLX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025 | 0.45 |
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Return for Risk
GEVX vs. APLX — Risk / Return Rank
GEVX
APLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GEVX vs. APLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) 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.
| GEVX | APLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | — | — |
| Martin ratioReturn relative to average drawdown | 3.01 | — | — |
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Drawdowns
GEVX vs. APLX - Drawdown Comparison
The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum APLX drawdown of -86.41%. Use the drawdown chart below to compare losses from any high point for GEVX and APLX.
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Drawdown Indicators
| GEVX | APLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.03% | -86.41% | +41.38% |
Max Drawdown (1Y)Largest decline over 1 year | -45.03% | — | — |
Current DrawdownCurrent decline from peak | -33.47% | -81.75% | +48.28% |
Average DrawdownAverage peak-to-trough decline | -15.81% | -48.68% | +32.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.77% | — | — |
Volatility
GEVX vs. APLX - Volatility Comparison
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Volatility by Period
| GEVX | APLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 77.20% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 104.24% | 214.74% | -110.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.14% | 214.74% | -108.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.14% | 214.74% | -108.60% |
GEVX vs. APLX - Expense Ratio Comparison
Both GEVX and APLX have an expense ratio of 1.30%.
Dividends
GEVX vs. APLX - Dividend Comparison
Neither GEVX nor APLX has paid dividends to shareholders.
Frequently Asked Questions
GEVX and APLX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GEVX and APLX have the same expense ratio: 1.30% per year.
GEVX and APLX have nearly identical dividend yields, around 0.00%.
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