GLXU vs. BEX

Last updated Jun 4, 2026

GLXU (T-REX 2X Long GLXY Daily Target ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.54, they often move in opposite directions. GLXU charges 1.50%/yr vs 1.30%/yr for BEX.

Performance

GLXU vs. BEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long GLXY Daily Target ETF (GLXU) and Tradr 2X Long BE Daily ETF (BEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GLXU

• 1D: -4.42%
• 1M: -9.31%
• YTD: 3.25%
• 6M: -34.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLXU vs. BEX - Yearly Performance Comparison

	2026 (YTD)
GLXU T-REX 2X Long GLXY Daily Target ETF	-8.78%
BEX Tradr 2X Long BE Daily ETF	-11.47%

Correlation

The correlation between GLXU and BEX is -0.54, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.54

Return for Risk

GLXU vs. BEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long GLXY Daily Target ETF (GLXU) and Tradr 2X Long BE Daily ETF (BEX). 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.

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

Sharpe Ratios by Period

	GLXU	BEX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	-0.59	+0.24

Drawdowns

GLXU vs. BEX - Drawdown Comparison

The maximum GLXU drawdown since its inception was -90.66%, which is greater than BEX's maximum drawdown of -18.65%. Use the drawdown chart below to compare losses from any high point for GLXU and BEX.

Drawdown Indicators

	GLXU	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-90.66%	-18.65%	-72.01%
Current Drawdown Current decline from peak	-77.07%	-11.47%	-65.60%
Average Drawdown Average peak-to-trough decline	-57.08%	-9.41%	-47.67%

Volatility

Volatility by Period

	GLXU	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	176.33%	184.67%	-8.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	176.33%	184.67%	-8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	176.33%	184.67%	-8.34%

GLXU vs. BEX - Expense Ratio Comparison

GLXU has a 1.50% expense ratio, which is higher than BEX's 1.30% expense ratio.

Dividends

GLXU vs. BEX - Dividend Comparison

GLXU's dividend yield for the trailing twelve months is around 7.23%, while BEX has not paid dividends to shareholders.

Position	TTM	2025
BEX Tradr 2X Long BE Daily ETF	0.00%	0.00%
GLXU T-REX 2X Long GLXY Daily Target ETF	7.23%	7.46%

Frequently Asked Questions

Can I hold both GLXU and BEX in my portfolio?

GLXU and BEX have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLXU or BEX?

On fees, BEX 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, GLXU or BEX?

BEX is cheaper with a 1.30% expense ratio, compared with 1.50% for GLXU.

Which ETF pays a higher dividend yield, GLXU or BEX?

GLXU has the higher dividend yield at 7.23%, compared with 0.00% for BEX.

What is the main difference between GLXU and BEX?

They also come from different issuers: T-Rex and Tradr. Their fees differ too: 1.50% for GLXU and 1.30% for BEX.