LITX vs. QQQP
LITX (Tradr 2X Long LITE Daily ETF) and QQQP (Tradr 2X Long Triple Q Quarterly ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.45 correlation means their historical movements had little consistent relationship. LITX charges 1.49%/yr vs 1.30%/yr for QQQP.
Performance
LITX vs. QQQP - Performance Comparison
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Returns By Period
LITX
- 1D
- 5.60%
- 1M
- -12.69%
- 6M
- 78.91%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQQP
- 1D
- 1.56%
- 1M
- -7.63%
- 6M
- 13.12%
- YTD
- 15.23%
- 1Y
- 37.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 31.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $72.96M | $66.22M | $208.61M | |
| $865.31K | $566.51K | $438.05K |
LITX vs. QQQP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LITX Tradr 2X Long LITE Daily ETF | 126.81% |
QQQP Tradr 2X Long Triple Q Quarterly ETF | 11.52% |
Correlation
The correlation between LITX and QQQP is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.45 |
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Return for Risk
LITX vs. QQQP — Risk / Return Rank
LITX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQP
LITX vs. QQQP - 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 Triple Q Quarterly ETF (QQQP). 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.
| LITX | QQQP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.27 | — |
| Martin ratioReturn relative to average drawdown | — | 4.02 | — |
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Drawdowns
LITX vs. QQQP - Drawdown Comparison
The maximum LITX drawdown since its inception was -73.97%, which is greater than QQQP's maximum drawdown of -42.50%. Use the drawdown chart below to compare losses from any high point for LITX and QQQP.
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Drawdown Indicators
| LITX | QQQP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.97% | -42.50% | -31.47% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.35% | — |
Current DrawdownCurrent decline from peak | -63.99% | -15.47% | -48.52% |
Average DrawdownAverage peak-to-trough decline | -25.05% | -7.46% | -17.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.01% | — |
Volatility
LITX vs. QQQP - Volatility Comparison
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Volatility by Period
| LITX | QQQP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 30.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 198.72% | 37.67% | +161.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 198.72% | 44.67% | +154.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 198.72% | 44.67% | +154.05% |
LITX vs. QQQP - Expense Ratio Comparison
LITX has a 1.49% expense ratio, which is higher than QQQP's 1.30% expense ratio.
Dividends
LITX vs. QQQP - Dividend Comparison
Neither LITX nor QQQP has paid dividends to shareholders.
Frequently Asked Questions
LITX and QQQP have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQQP is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQQP is cheaper with a 1.30% expense ratio, compared with 1.49% for LITX.
LITX and QQQP have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.49% for LITX and 1.30% for QQQP.
Find the right allocation for LITX and QQQP
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