SMU vs. JOBX
SMU (Tradr 2X Long SMR Daily ETF) and JOBX (Tradr 2X Long JOBY Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. Both charge a 1.30% expense ratio.
Performance
SMU vs. JOBX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SMU having a -82.38% return and JOBX slightly higher at -80.38%.
SMU
- 1D
- -4.21%
- 1M
- -31.75%
- 6M
- -87.18%
- YTD
- -82.38%
- 1Y
- -98.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -98.16%
JOBX
- 1D
- -3.87%
- 1M
- -34.32%
- 6M
- -66.78%
- YTD
- -80.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $713.56K | $1.13M | $2.40M | |
| $8.65M | $9.72M | $17.75M |
SMU vs. JOBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SMU Tradr 2X Long SMR Daily ETF | -82.38% | -89.13% |
JOBX Tradr 2X Long JOBY Daily ETF | -80.38% | -29.29% |
Correlation
The correlation between SMU and JOBX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025 | 0.70 |
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Return for Risk
SMU vs. JOBX — Risk / Return Rank
SMU
JOBX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SMU vs. JOBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SMR Daily ETF (SMU) and Tradr 2X Long JOBY Daily ETF (JOBX). 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.
| SMU | JOBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.80 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | — | — |
| Martin ratioReturn relative to average drawdown | -1.18 | — | — |
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Drawdowns
SMU vs. JOBX - Drawdown Comparison
The maximum SMU drawdown since its inception was -99.39%, which is greater than JOBX's maximum drawdown of -93.38%. Use the drawdown chart below to compare losses from any high point for SMU and JOBX.
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Drawdown Indicators
| SMU | JOBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.39% | -93.38% | -6.01% |
Max Drawdown (1Y)Largest decline over 1 year | -99.27% | — | — |
Current DrawdownCurrent decline from peak | -99.25% | -92.52% | -6.73% |
Average DrawdownAverage peak-to-trough decline | -79.07% | -64.12% | -14.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 85.27% | — | — |
Volatility
SMU vs. JOBX - Volatility Comparison
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Volatility by Period
| SMU | JOBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 52.39% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 134.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 200.59% | 146.20% | +54.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 200.68% | 146.20% | +54.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 200.68% | 146.20% | +54.48% |
SMU vs. JOBX - Expense Ratio Comparison
Both SMU and JOBX have an expense ratio of 1.30%.
Dividends
SMU vs. JOBX - Dividend Comparison
Neither SMU nor JOBX has paid dividends to shareholders.
Frequently Asked Questions
SMU and JOBX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SMU and JOBX have the same expense ratio: 1.30% per year.
SMU and JOBX have nearly identical dividend yields, around 0.00%.
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