GEVX vs. LABX

Last updated Jul 16, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and LABX (Tradr 2X Long ALAB Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

GEVX vs. LABX - 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 ALAB Daily ETF (LABX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEVX achieves a 121.30% return, which is significantly lower than LABX's 136.45% return.

GEVX

• 1D: -2.14%
• 1M: 11.68%
• 6M: 128.37%
• YTD: 121.30%
• 1Y: 154.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LABX

• 1D: -6.11%
• 1M: -28.53%
• 6M: 126.85%
• YTD: 136.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVX vs. LABX - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	121.30%	-11.94%
LABX Tradr 2X Long ALAB Daily ETF	136.45%	-42.53%

Correlation

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

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025	0.46

Return for Risk

GEVX vs. LABX — Risk / Return Rank

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

GEVX

GEVX Risk / Return Rank: 62
GEVX Sharpe Ratio Rank: 53
GEVX Sortino Ratio Rank: 61
GEVX Omega Ratio Rank: 54
GEVX Calmar Ratio Rank: 82
GEVX Martin Ratio Rank: 58

LABX

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.

GEVX vs. LABX - 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 ALAB Daily ETF (LABX). 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	LABX	Difference
Sharpe ratio: Return per unit of total volatility	1.50	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	3.46	—	—
Martin ratio: Return relative to average drawdown	8.36	—	—

Drawdowns

GEVX vs. LABX - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum LABX drawdown of -90.93%. Use the drawdown chart below to compare losses from any high point for GEVX and LABX.

Drawdown Indicators

	GEVX	LABX	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-90.93%	+45.90%
Max Drawdown (1Y) Largest decline over 1 year	-45.03%	—	—
Current Drawdown Current decline from peak	-22.04%	-51.05%	+29.01%
Average Drawdown Average peak-to-trough decline	-15.14%	-52.71%	+37.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.60%	—	—

Volatility

Volatility by Period

	GEVX	LABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	71.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	104.04%	192.47%	-88.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.76%	192.47%	-88.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.76%	192.47%	-88.71%

GEVX vs. LABX - Expense Ratio Comparison

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

Dividends

GEVX vs. LABX - Dividend Comparison

Neither GEVX nor LABX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVX and LABX in my portfolio?

GEVX and LABX 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 ETF is better, GEVX or LABX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GEVX or LABX?

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

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

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