ROBN vs. AAPX

Last updated Aug 5, 2026

ROBN (T-REX 2X Long HOOD Daily Target ETF) and AAPX (T-Rex 2X Long Apple Daily Target ETF) are both Leveraged Equities funds from T-Rex. Both are actively managed. Over the past year, ROBN returned -60.33% vs 93.60% for AAPX. Their 0.30 correlation means their historical movements had little consistent relationship. Both charge a 1.05% expense ratio.

Performance

ROBN vs. AAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long HOOD Daily Target ETF (ROBN) and T-Rex 2X Long Apple Daily Target ETF (AAPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROBN achieves a -54.45% return, which is significantly lower than AAPX's 15.91% return.

ROBN

• 1D: 6.89%
• 1M: -34.81%
• 6M: -20.09%
• YTD: -54.45%
• 1Y: -60.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.58%

AAPX

• 1D: 4.25%
• 1M: -1.26%
• 6M: 19.97%
• YTD: 15.91%
• 1Y: 93.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.32%

*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)
AAPX T-Rex 2X Long Apple Daily Target ETF	$2.43M	$2.16M	$2.18M
ROBN T-REX 2X Long HOOD Daily Target ETF	$16.08M	$23.06M	$32.84M

ROBN vs. AAPX - Yearly Performance Comparison

	2026 (YTD)	2025
ROBN T-REX 2X Long HOOD Daily Target ETF	-54.45%	124.78%
AAPX T-Rex 2X Long Apple Daily Target ETF	15.91%	7.32%

Correlation

The correlation between ROBN and AAPX is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025	0.30

Return for Risk

ROBN vs. AAPX — Risk / Return Rank

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

ROBN

ROBN Risk / Return Rank: 6
ROBN Sharpe Ratio Rank: 5
ROBN Sortino Ratio Rank: 9
ROBN Omega Ratio Rank: 9
ROBN Calmar Ratio Rank: 4
ROBN Martin Ratio Rank: 4

AAPX

AAPX Risk / Return Rank: 66
AAPX Sharpe Ratio Rank: 70
AAPX Sortino Ratio Rank: 62
AAPX Omega Ratio Rank: 67
AAPX Calmar Ratio Rank: 78
AAPX Martin Ratio Rank: 54

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.

ROBN vs. AAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long HOOD Daily Target ETF (ROBN) and T-Rex 2X Long Apple Daily Target ETF (AAPX). 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.

	ROBN	AAPX	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	1.82	-2.25
Sortino ratio: Return per unit of downside risk	0.06	2.34	-2.27
Omega ratio: Gain probability vs. loss probability	1.01	1.32	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.70	3.12	-3.82
Martin ratio: Return relative to average drawdown	-0.99	7.03	-8.02

ROBN vs. AAPX - Sharpe Ratio Comparison

The current ROBN Sharpe Ratio is -0.43, which is lower than the AAPX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of ROBN and AAPX, 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

ROBN vs. AAPX - Drawdown Comparison

The maximum ROBN drawdown since its inception was -86.84%, which is greater than AAPX's maximum drawdown of -58.55%. Use the drawdown chart below to compare losses from any high point for ROBN and AAPX.

Drawdown Indicators

	ROBN	AAPX	Difference
Max Drawdown Largest peak-to-trough decline	-86.84%	-58.55%	-28.29%
Max Drawdown (1Y) Largest decline over 1 year	-86.84%	-30.12%	-56.72%
Current Drawdown Current decline from peak	-78.73%	-17.66%	-61.07%
Average Drawdown Average peak-to-trough decline	-46.55%	-18.64%	-27.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	61.08%	13.36%	+47.72%

Volatility

ROBN vs. AAPX - Volatility Comparison

T-REX 2X Long HOOD Daily Target ETF (ROBN) has a higher volatility of 35.59% compared to T-Rex 2X Long Apple Daily Target ETF (AAPX) at 21.72%. This indicates that ROBN's price experiences larger fluctuations and is considered to be riskier than AAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBN	AAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.59%	21.72%	+13.87%
Volatility (6M) Calculated over the trailing 6-month period	106.62%	41.15%	+65.47%
Volatility (1Y) Calculated over the trailing 1-year period	141.16%	51.78%	+89.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	150.61%	55.87%	+94.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	150.61%	55.87%	+94.74%

ROBN vs. AAPX - Expense Ratio Comparison

Both ROBN and AAPX have an expense ratio of 1.05%.

Dividends

ROBN vs. AAPX - Dividend Comparison

ROBN's dividend yield for the trailing twelve months is around 9.84%, more than AAPX's 0.57% yield.

Position	TTM	2025	2024
AAPX T-Rex 2X Long Apple Daily Target ETF	0.57%	0.67%	21.46%
ROBN T-REX 2X Long HOOD Daily Target ETF	9.84%	4.48%	0.00%

Frequently Asked Questions

Can I hold both ROBN and AAPX in my portfolio?

ROBN and AAPX 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 is riskier, ROBN or AAPX?

ROBN has higher volatility (35.59%) compared to AAPX (21.72%). In terms of maximum drawdown, ROBN dropped -86.84% vs AAPX's -58.55%.

Which ETF is better, ROBN or AAPX?

On 1-year performance, AAPX leads with 93.60% vs -60.33% for ROBN. Both ETFs have the same 1.05% expense ratio. On volatility, AAPX has been the lower-risk option at 21.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROBN or AAPX?

Over the 1-year period, AAPX has performed better with a 93.60% return vs -60.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROBN or AAPX?

ROBN and AAPX have the same expense ratio: 1.05% per year.

Which ETF pays a higher dividend yield, ROBN or AAPX?

ROBN has the higher dividend yield at 9.84%, compared with 0.57% for AAPX.

Which has better risk-adjusted returns?

AAPX currently has the higher Sharpe Ratio (1.82 vs -0.43), 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.