PATX vs. LITX

Last updated Jun 4, 2026

PATX (Tradr 2X Long PATH Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. PATX is passively managed, while LITX is actively managed. At a correlation of -0.24, they often move in opposite directions. Both charge a 1.49% expense ratio.

Performance

PATX vs. LITX - Performance Comparison

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

Returns By Period

PATX

• 1D: -8.52%
• 1M: 10.06%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITX

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

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

PATX vs. LITX - Yearly Performance Comparison

	2026 (YTD)
PATX Tradr 2X Long PATH Daily ETF	-45.56%
LITX Tradr 2X Long LITE Daily ETF	329.25%

Correlation

The correlation between PATX and LITX is -0.24, 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	-0.24

Return for Risk

PATX vs. LITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long PATH Daily ETF (PATX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PATX	LITX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.72	32.10	-32.81

Drawdowns

PATX vs. LITX - Drawdown Comparison

The maximum PATX drawdown since its inception was -70.28%, which is greater than LITX's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for PATX and LITX.

Drawdown Indicators

	PATX	LITX	Difference
Max Drawdown Largest peak-to-trough decline	-70.28%	-51.46%	-18.82%
Current Drawdown Current decline from peak	-57.14%	-26.10%	-31.04%
Average Drawdown Average peak-to-trough decline	-52.44%	-14.48%	-37.96%

Volatility

Volatility by Period

	PATX	LITX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	124.51%	200.05%	-75.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.51%	200.05%	-75.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.51%	200.05%	-75.54%

PATX vs. LITX - Expense Ratio Comparison

Both PATX and LITX have an expense ratio of 1.49%.

Dividends

PATX vs. LITX - Dividend Comparison

Neither PATX nor LITX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PATX and LITX in my portfolio?

PATX and LITX have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PATX or LITX?

Both ETFs have the same 1.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PATX or LITX?

PATX and LITX have the same expense ratio: 1.49% per year.

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

PATX and LITX have nearly identical dividend yields, around 0.00%.