OPEX vs. LITX
OPEX (Tradr 2X Long OPEN Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.15 correlation means their historical movements had little consistent relationship. OPEX charges 1.30%/yr vs 1.49%/yr for LITX.
Performance
OPEX vs. LITX - Performance Comparison
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Returns By Period
OPEX
- 1D
- -3.47%
- 1M
- -45.86%
- 6M
- -64.59%
- YTD
- -74.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LITX
- 1D
- 5.60%
- 1M
- -12.69%
- 6M
- 78.91%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $72.96M | $66.22M | $208.61M | |
| $1.72M | $1.92M | $1.70M |
OPEX vs. LITX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
OPEX Tradr 2X Long OPEN Daily ETF | -72.99% |
LITX Tradr 2X Long LITE Daily ETF | 126.81% |
Correlation
The correlation between OPEX and LITX is 0.15, 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 | 0.15 |
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Return for Risk
OPEX vs. LITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long OPEN Daily ETF (OPEX) and Tradr 2X Long LITE Daily ETF (LITX). 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.
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Drawdowns
OPEX vs. LITX - Drawdown Comparison
The maximum OPEX drawdown since its inception was -91.93%, which is greater than LITX's maximum drawdown of -73.97%. Use the drawdown chart below to compare losses from any high point for OPEX and LITX.
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Drawdown Indicators
| OPEX | LITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.93% | -73.97% | -17.96% |
Current DrawdownCurrent decline from peak | -91.45% | -63.99% | -27.46% |
Average DrawdownAverage peak-to-trough decline | -69.67% | -25.05% | -44.62% |
Volatility
OPEX vs. LITX - Volatility Comparison
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Volatility by Period
| OPEX | LITX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 167.77% | 198.72% | -30.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 167.77% | 198.72% | -30.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 167.77% | 198.72% | -30.95% |
OPEX vs. LITX - Expense Ratio Comparison
OPEX has a 1.30% expense ratio, which is lower than LITX's 1.49% expense ratio.
Dividends
OPEX vs. LITX - Dividend Comparison
Neither OPEX nor LITX has paid dividends to shareholders.
Frequently Asked Questions
OPEX and LITX have a correlation of 0.15, 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 1.49% for LITX.
OPEX and LITX have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.30% for OPEX and 1.49% for LITX.
Find the right allocation for OPEX and LITX
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