LITX vs. PONX

Last updated Jun 23, 2026

LITX (Tradr 2X Long LITE Daily ETF) and PONX (Tradr 2X Long PONY Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. LITX charges 1.49%/yr vs 1.30%/yr for PONX.

Performance

LITX vs. PONX - 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 PONY Daily ETF (PONX). 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*: —

PONX

• 1D: -11.86%
• 1M: -26.33%
• YTD: -79.04%
• 6M: -83.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITX vs. PONX - Yearly Performance Comparison

	2026 (YTD)
LITX Tradr 2X Long LITE Daily ETF	304.47%
PONX Tradr 2X Long PONY Daily ETF	-80.67%

Correlation

The correlation between LITX and PONX is 0.26, 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 Jan 27, 2026	0.26

Return for Risk

LITX vs. PONX - 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 PONY Daily ETF (PONX). 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. PONX - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, smaller than the maximum PONX drawdown of -93.90%. Use the drawdown chart below to compare losses from any high point for LITX and PONX.

Drawdown Indicators

	LITX	PONX	Difference
Max Drawdown Largest peak-to-trough decline	-51.46%	-93.90%	+42.44%
Current Drawdown Current decline from peak	-35.78%	-93.90%	+58.12%
Average Drawdown Average peak-to-trough decline	-16.83%	-66.68%	+49.85%

Volatility

Volatility by Period

	LITX	PONX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	195.89%	154.58%	+41.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.89%	154.58%	+41.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.89%	154.58%	+41.31%

LITX vs. PONX - Expense Ratio Comparison

LITX has a 1.49% expense ratio, which is higher than PONX's 1.30% expense ratio.

Dividends

LITX vs. PONX - Dividend Comparison

Neither LITX nor PONX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LITX and PONX in my portfolio?

LITX and PONX have a correlation of 0.26, 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 PONX?

On fees, PONX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LITX or PONX?

PONX is cheaper with a 1.30% expense ratio, compared with 1.49% for LITX.

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

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

What is the main difference between LITX and PONX?

Their fees differ too: 1.49% for LITX and 1.30% for PONX.