LITX vs. USOY

Last updated Jun 4, 2026

LITX (Tradr 2X Long LITE Daily ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - LITX is a Leveraged Equities fund actively managed by Tradr, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. At a correlation of -0.14, they often move in opposite directions. LITX charges 1.49%/yr vs 1.22%/yr for USOY.

Performance

LITX vs. USOY - Performance Comparison

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

Returns By Period

LITX

• 1D: -17.72%
• 1M: -16.57%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITX vs. USOY - Yearly Performance Comparison

	2026 (YTD)
LITX Tradr 2X Long LITE Daily ETF	329.25%
USOY Defiance Oil Enhanced Options Income ETF	50.74%

Correlation

The correlation between LITX and USOY is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	-0.14

Return for Risk

LITX vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LITE Daily ETF (LITX) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

Sharpe Ratios by Period

	LITX	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	32.10	0.99	+31.11

Drawdowns

LITX vs. USOY - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for LITX and USOY.

Drawdown Indicators

	LITX	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-51.46%	-17.46%	-34.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-26.10%	-5.11%	-20.99%
Average Drawdown Average peak-to-trough decline	-14.48%	-6.47%	-8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.42%	—

Volatility

Volatility by Period

	LITX	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	200.05%	30.44%	+169.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	200.05%	26.13%	+173.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	200.05%	26.13%	+173.92%

LITX vs. USOY - Expense Ratio Comparison

LITX has a 1.49% expense ratio, which is higher than USOY's 1.22% expense ratio.

Dividends

LITX vs. USOY - Dividend Comparison

LITX has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 54.16%.

Position	TTM	2025	2024
LITX Tradr 2X Long LITE Daily ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both LITX and USOY in my portfolio?

LITX and USOY have a correlation of -0.14, 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 USOY?

On fees, USOY is cheaper at 1.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LITX or USOY?

USOY is cheaper with a 1.22% expense ratio, compared with 1.49% for LITX.

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

USOY has the higher dividend yield at 54.16%, compared with 0.00% for LITX.

What is the main difference between LITX and USOY?

LITX is categorized as Leveraged Equities, while USOY is Derivative Income. They also come from different issuers: Tradr and Defiance. Their fees differ too: 1.49% for LITX and 1.22% for USOY.