GOOX vs. SNDU

Last updated Jun 4, 2026

GOOX (T-Rex 2X Long Alphabet Daily Target ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both exchange-traded funds - GOOX is a Leveraged Bonds fund actively managed by T-Rex, while SNDU is a Leveraged Equities fund tracking the SanDisk Corporation (SNDK). GOOX is actively managed, while SNDU is passively managed. At a 0.38 correlation, their price movements are largely independent. GOOX charges 1.05%/yr vs 1.50%/yr for SNDU.

Performance

GOOX vs. SNDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and T-REX 2X Long SNDK Daily Target ETF (SNDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GOOX

• 1D: -1.31%
• 1M: -13.31%
• YTD: 18.83%
• 6M: 12.03%
• 1Y: 274.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDU

• 1D: 13.19%
• 1M: 94.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOX vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
GOOX T-Rex 2X Long Alphabet Daily Target ETF	30.91%
SNDU T-REX 2X Long SNDK Daily Target ETF	586.89%

Correlation

The correlation between GOOX and SNDU is 0.38, 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 Mar 13, 2026	0.38

Return for Risk

GOOX vs. SNDU — Risk / Return Rank

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

GOOX

GOOX Risk / Return Rank: 93
GOOX Sharpe Ratio Rank: 97
GOOX Sortino Ratio Rank: 94
GOOX Omega Ratio Rank: 90
GOOX Calmar Ratio Rank: 94
GOOX Martin Ratio Rank: 93

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.

GOOX vs. SNDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and T-REX 2X Long SNDK Daily Target ETF (SNDU). 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.

	GOOX	SNDU	Difference
Sharpe ratio: Return per unit of total volatility	4.83	—	—
Sortino ratio: Return per unit of downside risk	4.89	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	7.10	—	—
Martin ratio: Return relative to average drawdown	24.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GOOX	SNDU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	2,725.02	-2,723.75

Drawdowns

GOOX vs. SNDU - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, which is greater than SNDU's maximum drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for GOOX and SNDU.

Drawdown Indicators

	GOOX	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-52.46%	-46.69%	-5.77%
Max Drawdown (1Y) Largest decline over 1 year	-38.98%	—	—
Current Drawdown Current decline from peak	-21.02%	0.00%	-21.02%
Average Drawdown Average peak-to-trough decline	-17.04%	-10.22%	-6.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	—	—

Volatility

Volatility by Period

	GOOX	SNDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.42%	185.48%	-128.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.37%	185.48%	-125.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.37%	185.48%	-125.11%

GOOX vs. SNDU - Expense Ratio Comparison

GOOX has a 1.05% expense ratio, which is lower than SNDU's 1.50% expense ratio.

Dividends

GOOX vs. SNDU - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 0.26%, while SNDU has not paid dividends to shareholders.

Position	TTM	2025	2024
GOOX T-Rex 2X Long Alphabet Daily Target ETF	0.26%	0.30%	16.78%
SNDU T-REX 2X Long SNDK Daily Target ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOX and SNDU in my portfolio?

GOOX and SNDU have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOX or SNDU?

On fees, GOOX is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOX or SNDU?

GOOX is cheaper with a 1.05% expense ratio, compared with 1.50% for SNDU.

Which ETF pays a higher dividend yield, GOOX or SNDU?

GOOX has the higher dividend yield at 0.26%, compared with 0.00% for SNDU.

What is the main difference between GOOX and SNDU?

GOOX is categorized as Leveraged Bonds, while SNDU is Leveraged Equities. Their fees differ too: 1.05% for GOOX and 1.50% for SNDU.