LITX vs. AAOI

Last updated Apr 1, 2026

Compare and contrast key facts about Tradr 2X Long LITE Daily ETF (LITX) and Applied Optoelectronics, Inc. (AAOI).

LITX is an actively managed fund by Tradr. It was launched on Jan 26, 2026.

Performance

LITX vs. AAOI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LITE Daily ETF (LITX) and Applied Optoelectronics, Inc. (AAOI). The values are adjusted to include any dividend payments, if applicable.

LITX vs. AAOI - Yearly Performance Comparison

	2026 (YTD)
LITX Tradr 2X Long LITE Daily ETF	187.08%
AAOI Applied Optoelectronics, Inc.	126.24%

Returns By Period

LITX

• 1D: 14.03%
• 1M: -14.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAOI

• 1D: -0.70%
• 1M: 0.43%
• YTD: 142.66%
• 6M: 226.22%
• 1Y: 451.07%
• 3Y*: 237.01%
• 5Y*: 57.17%
• 10Y*: 18.85%

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

Return for Risk

LITX vs. AAOI — Risk / Return Rank

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

AAOI

AAOI Risk / Return Rank: 96
AAOI Sharpe Ratio Rank: 98
AAOI Sortino Ratio Rank: 95
AAOI Omega Ratio Rank: 91
AAOI Calmar Ratio Rank: 98
AAOI Martin Ratio Rank: 98

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.

LITX vs. AAOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LITE Daily ETF (LITX) and Applied Optoelectronics, Inc. (AAOI). 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

	LITX	AAOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.34	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	205.09	0.21	+204.89

Correlation

The correlation between LITX and AAOI is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LITX vs. AAOI - Dividend Comparison

Neither LITX nor AAOI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

LITX vs. AAOI - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, smaller than the maximum AAOI drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for LITX and AAOI.

Drawdown Indicators

	LITX	AAOI	Difference
Max Drawdown Largest peak-to-trough decline	-51.46%	-98.49%	+47.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-83.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.49%	—
Current Drawdown Current decline from peak	-30.67%	-33.40%	+2.73%
Average Drawdown Average peak-to-trough decline	-15.30%	-66.56%	+51.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.22%	—

Volatility

Volatility by Period

	LITX	AAOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	47.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	103.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	206.61%	136.55%	+70.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	206.61%	115.78%	+90.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	206.61%	96.78%	+109.83%