OPEX vs. INTW
OPEX (Tradr 2X Long OPEN Daily ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.23 correlation means their historical movements had little consistent relationship. OPEX charges 1.30%/yr vs 1.50%/yr for INTW.
Performance
OPEX vs. INTW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPEX achieves a -74.66% return, which is significantly lower than INTW's 259.86% return.
OPEX
- 1D
- -3.47%
- 1M
- -45.86%
- 6M
- -64.59%
- YTD
- -74.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
INTW
- 1D
- -2.27%
- 1M
- -47.68%
- 6M
- 152.57%
- YTD
- 259.86%
- 1Y
- 991.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 233.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $147.32M | $136.96M | $217.62M | |
| $1.72M | $1.92M | $1.70M |
OPEX vs. INTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OPEX Tradr 2X Long OPEN Daily ETF | -74.66% | -45.16% |
INTW GraniteShares 2x Long INTC Daily ETF | 259.86% | -6.90% |
Correlation
The correlation between OPEX and INTW is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.23 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OPEX vs. INTW — Risk / Return Rank
OPEX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INTW
OPEX vs. INTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long OPEN Daily ETF (OPEX) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.
| OPEX | INTW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 13.60 | — |
| Martin ratioReturn relative to average drawdown | — | 36.74 | — |
Loading charts...
Drawdowns
OPEX vs. INTW - Drawdown Comparison
The maximum OPEX drawdown since its inception was -91.93%, which is greater than INTW's maximum drawdown of -69.16%. Use the drawdown chart below to compare losses from any high point for OPEX and INTW.
Loading charts...
Drawdown Indicators
| OPEX | INTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.93% | -69.16% | -22.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -69.16% | — |
Current DrawdownCurrent decline from peak | -91.45% | -62.96% | -28.49% |
Average DrawdownAverage peak-to-trough decline | -69.67% | -30.60% | -39.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 25.56% | — |
Volatility
OPEX vs. INTW - Volatility Comparison
Loading charts...
Volatility by Period
| OPEX | INTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 48.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 117.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 167.77% | 157.38% | +10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 167.77% | 150.65% | +17.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 167.77% | 150.65% | +17.12% |
OPEX vs. INTW - Expense Ratio Comparison
OPEX has a 1.30% expense ratio, which is lower than INTW's 1.50% expense ratio.
Dividends
OPEX vs. INTW - Dividend Comparison
Neither OPEX nor INTW has paid dividends to shareholders.
Frequently Asked Questions
OPEX and INTW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OPEX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OPEX is cheaper with a 1.30% expense ratio, compared with 1.50% for INTW.
OPEX and INTW have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and GraniteShares. Their fees differ too: 1.30% for OPEX and 1.50% for INTW.
Find the right allocation for OPEX and INTW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer