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LITX vs. GUSH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

LITX vs. GUSH

Last updated Apr 2, 2026

Compare and contrast key facts about Tradr 2X Long LITE Daily ETF (LITX) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH).

LITX and GUSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LITX is an actively managed fund by Tradr. It was launched on Jan 26, 2026. GUSH is a passively managed fund by Direxion that tracks the performance of the S&P Oil & Gas Exploration & Production Select Industry Index (300%). It was launched on Apr 1, 2020.

Performance

LITX vs. GUSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LITE Daily ETF (LITX) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). The values are adjusted to include any dividend payments, if applicable.

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LITX vs. GUSH - Yearly Performance Comparison

2026 (YTD)
LITX
Tradr 2X Long LITE Daily ETF		238.00%
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares		64.10%

Returns By Period

LITX

1D
17.74%
1M
-18.38%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

GUSH

1D
-7.69%
1M
19.66%
YTD
87.03%
6M
61.77%
1Y
53.22%
3Y*
12.65%
5Y*
17.99%
10Y*
-32.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Tradr 2X Long LITE Daily ETF

Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares

Often compared with LITX:
LITX vs. SNXXLITX vs. AAOILITX vs. APPXLITX vs. ASTXLITX vs. LRCULITX vs. ARCXLITX vs. RGTU
Often compared with GUSH:
GUSH vs. DRIPGUSH vs. ERXGUSH vs. XOPGUSH vs. OILKGUSH vs. XLEGUSH vs. BRZUGUSH vs. COST

LITX vs. GUSH - Expense Ratio Comparison

LITX has a 1.49% expense ratio, which is higher than GUSH's 1.17% expense ratio.

LITX
Tradr 2X Long LITE Daily ETF
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares

Return for Risk

LITX vs. GUSH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LITX
GUSH
GUSH Risk / Return Rank: 4343
Overall Rank
GUSH Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
GUSH Sortino Ratio Rank: 4848
Sortino Ratio Rank
GUSH Omega Ratio Rank: 4848
Omega Ratio Rank
GUSH Calmar Ratio Rank: 4646
Calmar Ratio Rank
GUSH Martin Ratio Rank: 3434
Martin Ratio Rank
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. GUSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LITE Daily ETF (LITX) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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.

LITX vs. GUSH - Sharpe Ratio Comparison

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Sharpe Ratios by Period

LITXGUSHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.79

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.26

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

-0.35

—

Sharpe Ratio (All Time)

Calculated using the full available price history

446.90

-0.43

+447.33

Correlation

The correlation between LITX and GUSH is -0.03. 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.

Dividends

LITX vs. GUSH - Dividend Comparison

LITX has not paid dividends to shareholders, while GUSH's dividend yield for the trailing twelve months is around 1.33%.

TTM2025202420232022202120202019201820172016
LITX
Tradr 2X Long LITE Daily ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares		1.33%2.60%2.96%3.00%0.47%0.00%0.20%1.68%0.17%0.00%3.26%

Drawdowns

LITX vs. GUSH - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for LITX and GUSH.

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Drawdown Indicators

LITXGUSHDifference

Max Drawdown

Largest peak-to-trough decline

-51.46%

-99.98%

+48.52%

Max Drawdown (1Y)

Largest decline over 1 year

—

-43.67%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-73.64%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-99.94%

—

Current Drawdown

Current decline from peak

-18.38%

-99.77%

+81.39%

Average Drawdown

Average peak-to-trough decline

-15.37%

-92.81%

+77.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

17.57%

—

Volatility

LITX vs. GUSH - Volatility Comparison

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Volatility by Period

LITXGUSHDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

16.69%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

39.24%

—

Volatility (1Y)

Calculated over the trailing 1-year period

207.09%

67.59%

+139.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

207.09%

68.73%

+138.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

207.09%

94.30%

+112.79%