PRIV vs. ASTX

Last updated Aug 2, 2026

PRIV (State Street IG Public & Private Credit ETF) and ASTX (Tradr 2X Long ASTS Daily ETF) are both exchange-traded funds - PRIV is a Intermediate Core-Plus Bond fund actively managed by State Street, while ASTX is a Leveraged Equities fund actively managed by Tradr. Both are actively managed. Over the past year, PRIV returned 2.57% vs -68.42% for ASTX. Their -0.00 correlation means their historical movements had little consistent relationship. PRIV charges 0.55%/yr vs 1.30%/yr for ASTX.

Performance

PRIV vs. ASTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street IG Public & Private Credit ETF (PRIV) and Tradr 2X Long ASTS Daily ETF (ASTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRIV achieves a -0.36% return, which is significantly higher than ASTX's -73.48% return.

PRIV

• 1D: -0.22%
• 1M: -1.08%
• 6M: -0.59%
• YTD: -0.36%
• 1Y: 2.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.28%

ASTX

• 1D: 1.69%
• 1M: -57.22%
• 6M: -87.02%
• YTD: -73.48%
• 1Y: -68.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -54.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ASTX Tradr 2X Long ASTS Daily ETF	$48.95M	$70.14M	$195.58M
PRIV State Street IG Public & Private Credit ETF	$797.50K	$848.94K	$978.13K

PRIV vs. ASTX - Yearly Performance Comparison

	2026 (YTD)	2025
PRIV State Street IG Public & Private Credit ETF	-0.36%	4.03%
ASTX Tradr 2X Long ASTS Daily ETF	-73.48%	63.68%

Correlation

The correlation between PRIV and ASTX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.00

Return for Risk

PRIV vs. ASTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRIV

PRIV Risk / Return Rank: 36
PRIV Sharpe Ratio Rank: 36
PRIV Sortino Ratio Rank: 36
PRIV Omega Ratio Rank: 33
PRIV Calmar Ratio Rank: 37
PRIV Martin Ratio Rank: 36

ASTX

ASTX Risk / Return Rank: 11
ASTX Sharpe Ratio Rank: 7
ASTX Sortino Ratio Rank: 23
ASTX Omega Ratio Rank: 21
ASTX Calmar Ratio Rank: 3
ASTX Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRIV vs. ASTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street IG Public & Private Credit ETF (PRIV) and Tradr 2X Long ASTS Daily ETF (ASTX). 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.

	PRIV	ASTX	Difference
Sharpe ratio: Return per unit of total volatility	0.91	-0.32	+1.22
Sortino ratio: Return per unit of downside risk	1.36	0.83	+0.53
Omega ratio: Gain probability vs. loss probability	1.16	1.09	+0.07
Calmar ratio: Return relative to maximum drawdown	1.31	-0.76	+2.07
Martin ratio: Return relative to average drawdown	3.60	-1.27	+4.87

PRIV vs. ASTX - Sharpe Ratio Comparison

The current PRIV Sharpe Ratio is 0.91, which is higher than the ASTX Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of PRIV and ASTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRIV vs. ASTX - Drawdown Comparison

The maximum PRIV drawdown since its inception was -2.75%, smaller than the maximum ASTX drawdown of -91.24%. Use the drawdown chart below to compare losses from any high point for PRIV and ASTX.

Drawdown Indicators

	PRIV	ASTX	Difference
Max Drawdown Largest peak-to-trough decline	-2.75%	-91.24%	+88.49%
Max Drawdown (1Y) Largest decline over 1 year	-2.54%	-91.24%	+88.70%
Current Drawdown Current decline from peak	-2.06%	-89.27%	+87.21%
Average Drawdown Average peak-to-trough decline	-0.73%	-49.51%	+48.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	54.73%	-53.80%

Volatility

PRIV vs. ASTX - Volatility Comparison

The current volatility for State Street IG Public & Private Credit ETF (PRIV) is 1.07%, while Tradr 2X Long ASTS Daily ETF (ASTX) has a volatility of 60.16%. This indicates that PRIV experiences smaller price fluctuations and is considered to be less risky than ASTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRIV	ASTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	60.16%	-59.09%
Volatility (6M) Calculated over the trailing 6-month period	2.95%	163.48%	-160.53%
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	218.96%	-215.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.13%	215.72%	-211.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.13%	215.72%	-211.59%

PRIV vs. ASTX - Expense Ratio Comparison

PRIV has a 0.55% expense ratio, which is lower than ASTX's 1.30% expense ratio.

Dividends

PRIV vs. ASTX - Dividend Comparison

PRIV's dividend yield for the trailing twelve months is around 4.62%, while ASTX has not paid dividends to shareholders.

Position	TTM	2025
ASTX Tradr 2X Long ASTS Daily ETF	0.00%	0.00%
PRIV State Street IG Public & Private Credit ETF	4.18%	3.75%

Frequently Asked Questions

Can I hold both PRIV and ASTX in my portfolio?

PRIV and ASTX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRIV or ASTX?

ASTX has higher volatility (60.16%) compared to PRIV (1.07%). In terms of maximum drawdown, PRIV dropped -2.75% vs ASTX's -91.24%.

Which ETF is better, PRIV or ASTX?

On 1-year performance, PRIV leads with 2.57% vs -68.42% for ASTX. On fees, PRIV is cheaper at 0.55% per year. On volatility, PRIV has been the lower-risk option at 1.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PRIV or ASTX?

Over the 1-year period, PRIV has performed better with a 2.57% return vs -68.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PRIV or ASTX?

PRIV is cheaper with a 0.55% expense ratio, compared with 1.30% for ASTX.

Which ETF pays a higher dividend yield, PRIV or ASTX?

PRIV has the higher dividend yield at 4.18%, compared with 0.00% for ASTX.

What is the main difference between PRIV and ASTX?

PRIV is categorized as Intermediate Core-Plus Bond, while ASTX is Leveraged Equities. They also come from different issuers: State Street and Tradr. Their fees differ too: 0.55% for PRIV and 1.30% for ASTX.

Which has better risk-adjusted returns?

PRIV currently has the higher Sharpe Ratio (0.91 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.