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LITX vs. OOQB
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

LITX vs. OOQB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LITE Daily ETF (LITX) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). The values are adjusted to include any dividend payments, if applicable.

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LITX vs. OOQB - Yearly Performance Comparison


Returns By Period


LITX

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

OOQB

1D
5.72%
1M
-2.59%
YTD
-28.69%
6M
-45.98%
1Y
-14.59%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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LITX vs. OOQB - Expense Ratio Comparison

LITX has a 1.49% expense ratio, which is higher than OOQB's 0.75% expense ratio.


Return for Risk

LITX vs. OOQB — Risk / Return Rank

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

LITX

OOQB
OOQB Risk / Return Rank: 88
Overall Rank
OOQB Sharpe Ratio Rank: 77
Sharpe Ratio Rank
OOQB Sortino Ratio Rank: 1010
Sortino Ratio Rank
OOQB Omega Ratio Rank: 1010
Omega Ratio Rank
OOQB Calmar Ratio Rank: 77
Calmar Ratio Rank
OOQB Martin Ratio Rank: 66
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. OOQB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LITE Daily ETF (LITX) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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. OOQB - Sharpe Ratio Comparison


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Sharpe Ratios by Period


LITXOOQBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

205.09

-0.57

+205.66

Correlation

The correlation between LITX and OOQB is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

LITX vs. OOQB - Dividend Comparison

LITX has not paid dividends to shareholders, while OOQB's dividend yield for the trailing twelve months is around 13.89%.


Drawdowns

LITX vs. OOQB - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, roughly equal to the maximum OOQB drawdown of -53.44%. Use the drawdown chart below to compare losses from any high point for LITX and OOQB.


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Drawdown Indicators


LITXOOQBDifference

Max Drawdown

Largest peak-to-trough decline

-51.46%

-53.44%

+1.98%

Max Drawdown (1Y)

Largest decline over 1 year

-53.44%

Current Drawdown

Current decline from peak

-30.67%

-50.78%

+20.11%

Average Drawdown

Average peak-to-trough decline

-15.30%

-19.94%

+4.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.98%

Volatility

LITX vs. OOQB - Volatility Comparison


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Volatility by Period


LITXOOQBDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.69%

Volatility (6M)

Calculated over the trailing 6-month period

46.05%

Volatility (1Y)

Calculated over the trailing 1-year period

206.61%

59.59%

+147.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

206.61%

61.96%

+144.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

206.61%

61.96%

+144.65%