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.
Key characteristics
| GOOX | AMT | |
|---|---|---|
| Daily Std Dev | 53.87% | 24.41% |
| Max Drawdown | -41.86% | -98.70% |
| Current Drawdown | -15.89% | -28.43% |
Correlation
The correlation between GOOX and AMT is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GOOX vs. AMT - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Not enough dataDividends
GOOX vs. AMT - Dividend Comparison
GOOX has not paid dividends to shareholders, while AMT's dividend yield for the trailing twelve months is around 3.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMT American Tower Corporation | 3.32% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% | 1.42% | 1.38% |
Drawdowns
GOOX vs. AMT - Drawdown Comparison
The maximum GOOX drawdown since its inception was -41.86%, 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.
Volatility
GOOX vs. AMT - Volatility Comparison
T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 13.11% compared to American Tower Corporation (AMT) at 10.67%. 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.