LITX vs. AAOX

Last updated Jun 23, 2026

LITX (Tradr 2X Long LITE Daily ETF) and AAOX (Tradr 2X Long AAOI Daily ETF) are both Leveraged Equities funds from Tradr. LITX is actively managed, while AAOX is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 1.49% expense ratio.

Performance

LITX vs. AAOX - Performance Comparison

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

Returns By Period

LITX

• 1D: 9.82%
• 1M: -17.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAOX

• 1D: 10.98%
• 1M: -25.86%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITX vs. AAOX - Yearly Performance Comparison

	2026 (YTD)
LITX Tradr 2X Long LITE Daily ETF	15.63%
AAOX Tradr 2X Long AAOI Daily ETF	73.97%

Correlation

The correlation between LITX and AAOX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 24, 2026	0.78

Return for Risk

LITX vs. AAOX - Risk-Adjusted Trends Comparison

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

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

Drawdowns

LITX vs. AAOX - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, smaller than the maximum AAOX drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for LITX and AAOX.

Drawdown Indicators

	LITX	AAOX	Difference
Max Drawdown Largest peak-to-trough decline	-51.46%	-58.03%	+6.57%
Current Drawdown Current decline from peak	-35.78%	-53.43%	+17.65%
Average Drawdown Average peak-to-trough decline	-16.83%	-26.06%	+9.23%

Volatility

Volatility by Period

	LITX	AAOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	195.89%	300.42%	-104.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.89%	300.42%	-104.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.89%	300.42%	-104.53%

LITX vs. AAOX - Expense Ratio Comparison

Both LITX and AAOX have an expense ratio of 1.49%.

Dividends

LITX vs. AAOX - Dividend Comparison

Neither LITX nor AAOX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LITX and AAOX in my portfolio?

LITX and AAOX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LITX or AAOX?

Both ETFs have the same 1.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LITX or AAOX?

LITX and AAOX have the same expense ratio: 1.49% per year.

Which ETF pays a higher dividend yield, LITX or AAOX?

LITX and AAOX have nearly identical dividend yields, around 0.00%.