MDBX vs. AAOX

Last updated Jun 25, 2026

MDBX (Tradr 2X Long MDB Daily ETF) and AAOX (Tradr 2X Long AAOI Daily ETF) are both Leveraged Equities funds from Tradr. MDBX is actively managed, while AAOX is passively managed. At a 0.04 correlation, their price movements are largely independent. MDBX charges 1.30%/yr vs 1.49%/yr for AAOX.

Performance

MDBX vs. AAOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long MDB Daily ETF (MDBX) and Tradr 2X Long AAOI Daily ETF (AAOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MDBX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAOX

• 1D: -3.16%
• 1M: -47.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MDBX vs. AAOX - Yearly Performance Comparison

	2026 (YTD)
MDBX Tradr 2X Long MDB Daily ETF	-26.60%
AAOX Tradr 2X Long AAOI Daily ETF	22.50%

Correlation

The correlation between MDBX and AAOX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 24, 2026	0.04

Return for Risk

MDBX vs. AAOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long MDB Daily ETF (MDBX) and Tradr 2X Long AAOI Daily ETF (AAOX). 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

Drawdown Indicators

	MDBX	AAOX	Difference
Max Drawdown Largest peak-to-trough decline	—	-67.21%	—
Current Drawdown Current decline from peak	—	-67.21%	—
Average Drawdown Average peak-to-trough decline	—	-27.33%	—

Volatility

Volatility by Period

	MDBX	AAOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	301.68%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	301.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	301.68%	—

MDBX vs. AAOX - Expense Ratio Comparison

MDBX has a 1.30% expense ratio, which is lower than AAOX's 1.49% expense ratio.

Dividends

MDBX vs. AAOX - Dividend Comparison

Neither MDBX nor AAOX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MDBX and AAOX in my portfolio?

MDBX and AAOX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MDBX or AAOX?

On fees, MDBX 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, MDBX or AAOX?

MDBX is cheaper with a 1.30% expense ratio, compared with 1.49% for AAOX.

Which ETF pays a higher dividend yield, MDBX or AAOX?

MDBX and AAOX have nearly identical dividend yields, around 0.00%.

What is the main difference between MDBX and AAOX?

Their fees differ too: 1.30% for MDBX and 1.49% for AAOX.