LABX vs. QUBX

Last updated Jul 11, 2026

LABX (Tradr 2X Long ALAB Daily ETF) and QUBX (Tradr 2X Long QUBT Daily ETF) are both Leveraged Equities funds from Tradr. At a 0.37 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

LABX vs. QUBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ALAB Daily ETF (LABX) and Tradr 2X Long QUBT Daily ETF (QUBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LABX achieves a 236.94% return, which is significantly higher than QUBX's -61.18% return.

LABX

• 1D: -2.36%
• 1M: 13.79%
• 6M: 260.99%
• YTD: 236.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUBX

• 1D: -11.29%
• 1M: -29.60%
• 6M: -69.61%
• YTD: -61.18%
• 1Y: -92.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LABX vs. QUBX - Yearly Performance Comparison

	2026 (YTD)	2025
LABX Tradr 2X Long ALAB Daily ETF	236.94%	-42.53%
QUBX Tradr 2X Long QUBT Daily ETF	-61.18%	-77.77%

Correlation

The correlation between LABX and QUBX is 0.37, 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	0.37

Return for Risk

LABX vs. QUBX — Risk / Return Rank

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

LABX

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

QUBX

QUBX Risk / Return Rank: 4
QUBX Sharpe Ratio Rank: 5
QUBX Sortino Ratio Rank: 4
QUBX Omega Ratio Rank: 5
QUBX Calmar Ratio Rank: 0
QUBX Martin Ratio Rank: 3

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.

LABX vs. QUBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ALAB Daily ETF (LABX) and Tradr 2X Long QUBT Daily ETF (QUBX). 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.

	LABX	QUBX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.47	—
Sortino ratio: Return per unit of downside risk	—	-0.70	—
Omega ratio: Gain probability vs. loss probability	—	0.93	—
Calmar ratio: Return relative to maximum drawdown	—	-0.98	—
Martin ratio: Return relative to average drawdown	—	-1.22	—

Drawdowns

LABX vs. QUBX - Drawdown Comparison

The maximum LABX drawdown since its inception was -90.93%, smaller than the maximum QUBX drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for LABX and QUBX.

Drawdown Indicators

	LABX	QUBX	Difference
Max Drawdown Largest peak-to-trough decline	-90.93%	-96.40%	+5.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.40%	—
Current Drawdown Current decline from peak	-30.24%	-95.29%	+65.05%
Average Drawdown Average peak-to-trough decline	-52.77%	-71.75%	+18.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	77.25%	—

Volatility

Volatility by Period

	LABX	QUBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	51.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	132.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	191.69%	199.93%	-8.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	191.69%	198.92%	-7.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	191.69%	198.92%	-7.23%

LABX vs. QUBX - Expense Ratio Comparison

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

Dividends

LABX vs. QUBX - Dividend Comparison

Neither LABX nor QUBX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LABX and QUBX in my portfolio?

LABX and QUBX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LABX or QUBX?

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, LABX or QUBX?

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

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

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