NVTX vs. APLX

Last updated Jun 4, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and APLX (Tradr 2X Long APLD Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 1.30% expense ratio.

Performance

NVTX vs. APLX - Performance Comparison

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

Returns By Period

In the year-to-date period, NVTX achieves a 709.31% return, which is significantly higher than APLX's 85.45% return.

NVTX

• 1D: 37.55%
• 1M: 188.72%
• YTD: 709.31%
• 6M: 416.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APLX

• 1D: -12.57%
• 1M: 39.18%
• YTD: 85.45%
• 6M: 13.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVTX vs. APLX - Yearly Performance Comparison

	2026 (YTD)	2025
NVTX Tradr 2X Long NVTS Daily ETF	709.31%	-10.97%
APLX Tradr 2X Long APLD Daily ETF	85.45%	71.82%

Correlation

The correlation between NVTX and APLX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.51

Return for Risk

NVTX vs. APLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and Tradr 2X Long APLD Daily ETF (APLX). 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

	NVTX	APLX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.24	1.79	+3.45

Drawdowns

NVTX vs. APLX - Drawdown Comparison

The maximum NVTX drawdown since its inception was -89.20%, which is greater than APLX's maximum drawdown of -84.39%. Use the drawdown chart below to compare losses from any high point for NVTX and APLX.

Drawdown Indicators

	NVTX	APLX	Difference
Max Drawdown Largest peak-to-trough decline	-89.20%	-84.39%	-4.81%
Current Drawdown Current decline from peak	-10.79%	-41.16%	+30.37%
Average Drawdown Average peak-to-trough decline	-60.85%	-45.49%	-15.36%

Volatility

Volatility by Period

	NVTX	APLX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	266.88%	218.24%	+48.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	266.88%	218.24%	+48.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	266.88%	218.24%	+48.64%

NVTX vs. APLX - Expense Ratio Comparison

Both NVTX and APLX have an expense ratio of 1.30%.

Dividends

NVTX vs. APLX - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 2.11%, while APLX has not paid dividends to shareholders.

Position	TTM	2025
APLX Tradr 2X Long APLD Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	2.11%	17.05%

Frequently Asked Questions

Can I hold both NVTX and APLX in my portfolio?

NVTX and APLX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVTX or APLX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVTX or APLX?

NVTX and APLX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, NVTX or APLX?

NVTX has the higher dividend yield at 2.11%, compared with 0.00% for APLX.