GEVX vs. CEGX

Last updated Jul 14, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and CEGX (Tradr 2X Long CEG Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Over the past year, GEVX returned 166.57% vs -52.76% for CEGX. At a 0.46 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

GEVX vs. CEGX - Performance Comparison

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

Returns By Period

In the year-to-date period, GEVX achieves a 115.00% return, which is significantly higher than CEGX's -55.63% return.

GEVX

• 1D: -9.31%
• 1M: 17.64%
• 6M: 124.87%
• YTD: 115.00%
• 1Y: 166.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CEGX

• 1D: 4.74%
• 1M: 0.98%
• 6M: -50.24%
• YTD: -55.63%
• 1Y: -52.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVX vs. CEGX - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	115.00%	23.96%
CEGX Tradr 2X Long CEG Daily ETF	-55.63%	13.33%

Correlation

The correlation between GEVX and CEGX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.46

Return for Risk

GEVX vs. CEGX — Risk / Return Rank

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

GEVX

GEVX Risk / Return Rank: 67
GEVX Sharpe Ratio Rank: 61
GEVX Sortino Ratio Rank: 65
GEVX Omega Ratio Rank: 60
GEVX Calmar Ratio Rank: 85
GEVX Martin Ratio Rank: 64

CEGX

CEGX Risk / Return Rank: 4
CEGX Sharpe Ratio Rank: 5
CEGX Sortino Ratio Rank: 5
CEGX Omega Ratio Rank: 5
CEGX Calmar Ratio Rank: 3
CEGX Martin Ratio Rank: 3

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.

GEVX vs. CEGX - 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 CEG Daily ETF (CEGX). 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	CEGX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	-0.57	+2.18
Sortino ratio: Return per unit of downside risk	2.39	-0.46	+2.85
Omega ratio: Gain probability vs. loss probability	1.29	0.95	+0.34
Calmar ratio: Return relative to maximum drawdown	3.72	-0.73	+4.45
Martin ratio: Return relative to average drawdown	9.04	-1.24	+10.28

GEVX vs. CEGX - Sharpe Ratio Comparison

The current GEVX Sharpe Ratio is 1.61, which is higher than the CEGX Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of GEVX and CEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GEVX vs. CEGX - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum CEGX drawdown of -72.88%. Use the drawdown chart below to compare losses from any high point for GEVX and CEGX.

Drawdown Indicators

	GEVX	CEGX	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-72.88%	+27.85%
Max Drawdown (1Y) Largest decline over 1 year	-45.03%	-72.88%	+27.85%
Current Drawdown Current decline from peak	-24.26%	-68.10%	+43.84%
Average Drawdown Average peak-to-trough decline	-15.10%	-36.66%	+21.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.51%	42.69%	-24.18%

Volatility

GEVX vs. CEGX - Volatility Comparison

Tradr 2X Long GEV Daily ETF (GEVX) has a higher volatility of 40.65% compared to Tradr 2X Long CEG Daily ETF (CEGX) at 22.46%. This indicates that GEVX's price experiences larger fluctuations and is considered to be riskier than CEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEVX	CEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.65%	22.46%	+18.19%
Volatility (6M) Calculated over the trailing 6-month period	71.78%	72.07%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	104.24%	93.80%	+10.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.04%	93.84%	+10.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.04%	93.84%	+10.20%

GEVX vs. CEGX - Expense Ratio Comparison

Both GEVX and CEGX have an expense ratio of 1.30%.

Dividends

GEVX vs. CEGX - Dividend Comparison

Neither GEVX nor CEGX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVX and CEGX in my portfolio?

GEVX and CEGX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEVX or CEGX?

GEVX has higher volatility (40.65%) compared to CEGX (22.46%). In terms of maximum drawdown, GEVX dropped -45.03% vs CEGX's -72.88%.

Which ETF is better, GEVX or CEGX?

On 1-year performance, GEVX leads with 166.57% vs -52.76% for CEGX. Both ETFs have the same 1.30% expense ratio. On volatility, CEGX has been the lower-risk option at 22.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GEVX or CEGX?

Over the 1-year period, GEVX has performed better with a 166.57% return vs -52.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GEVX or CEGX?

GEVX and CEGX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, GEVX or CEGX?

GEVX and CEGX have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

GEVX currently has the higher Sharpe Ratio (1.61 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.