SMU vs. LRCU

Last updated Jun 5, 2026

SMU (Tradr 2X Long SMR Daily ETF) and LRCU (Tradr 2X Long LRCX Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

SMU vs. LRCU - Performance Comparison

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

Returns By Period

In the year-to-date period, SMU achieves a -57.47% return, which is significantly lower than LRCU's 219.61% return.

SMU

• 1D: -5.18%
• 1M: -9.35%
• YTD: -57.47%
• 6M: -84.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LRCU

• 1D: -4.57%
• 1M: 43.52%
• YTD: 219.61%
• 6M: 274.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMU vs. LRCU - Yearly Performance Comparison

	2026 (YTD)	2025
SMU Tradr 2X Long SMR Daily ETF	-57.47%	-88.81%
LRCU Tradr 2X Long LRCX Daily ETF	219.61%	162.61%

Correlation

The correlation between SMU and LRCU is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.37

Return for Risk

SMU vs. LRCU - 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 LRCX Daily ETF (LRCU). 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

	SMU	LRCU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	12.64	-13.12

Drawdowns

SMU vs. LRCU - Drawdown Comparison

The maximum SMU drawdown since its inception was -98.68%, which is greater than LRCU's maximum drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for SMU and LRCU.

Drawdown Indicators

	SMU	LRCU	Difference
Max Drawdown Largest peak-to-trough decline	-98.68%	-40.09%	-58.59%
Current Drawdown Current decline from peak	-98.20%	-4.57%	-93.63%
Average Drawdown Average peak-to-trough decline	-75.98%	-9.36%	-66.62%

Volatility

Volatility by Period

	SMU	LRCU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	203.70%	109.40%	+94.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	203.70%	109.40%	+94.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.70%	109.40%	+94.30%

SMU vs. LRCU - Expense Ratio Comparison

Both SMU and LRCU have an expense ratio of 1.30%.

Dividends

SMU vs. LRCU - Dividend Comparison

Neither SMU nor LRCU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SMU and LRCU in my portfolio?

SMU and LRCU have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMU or LRCU?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMU or LRCU?

SMU and LRCU have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, SMU or LRCU?

SMU and LRCU have nearly identical dividend yields, around 0.00%.