GOOX vs. AMT
Compare and contrast key facts about T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and American Tower Corporation (AMT).
GOOX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOX or AMT.
Correlation
The correlation between GOOX and AMT is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GOOX vs. AMT - Performance Comparison
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Key characteristics
GOOX:
-0.54
AMT:
0.81
GOOX:
-0.50
AMT:
1.42
GOOX:
0.94
AMT:
1.19
GOOX:
-0.66
AMT:
0.69
GOOX:
-1.30
AMT:
2.04
GOOX:
26.46%
AMT:
12.43%
GOOX:
62.00%
AMT:
27.24%
GOOX:
-52.46%
AMT:
-98.70%
GOOX:
-48.83%
AMT:
-19.07%
Returns By Period
In the year-to-date period, GOOX achieves a -39.83% return, which is significantly lower than AMT's 20.92% return.
GOOX
-39.83%
-2.96%
-34.26%
-32.28%
N/A
N/A
AMT
20.92%
6.46%
10.88%
23.18%
1.12%
11.61%
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Risk-Adjusted Performance
GOOX vs. AMT — Risk-Adjusted Performance Rank
GOOX
AMT
GOOX vs. AMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and American Tower Corporation (AMT). 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.
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Dividends
GOOX vs. AMT - Dividend Comparison
GOOX's dividend yield for the trailing twelve months is around 27.89%, more than AMT's 2.98% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 27.89% | 16.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMT American Tower Corporation | 2.98% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% | 1.42% |
Drawdowns
GOOX vs. AMT - Drawdown Comparison
The maximum GOOX drawdown since its inception was -52.46%, smaller than the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for GOOX and AMT. For additional features, visit the drawdowns tool.
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Volatility
GOOX vs. AMT - Volatility Comparison
T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 24.08% compared to American Tower Corporation (AMT) at 8.54%. This indicates that GOOX's price experiences larger fluctuations and is considered to be riskier than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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