SNDU vs. BEX

Last updated Jun 4, 2026

SNDU (T-REX 2X Long SNDK Daily Target ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. SNDU is passively managed, while BEX is actively managed. At a correlation of -0.77, they often move in opposite directions. SNDU charges 1.50%/yr vs 1.30%/yr for BEX.

Performance

SNDU vs. BEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long SNDK Daily Target ETF (SNDU) and Tradr 2X Long BE Daily ETF (BEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SNDU

• 1D: 13.19%
• 1M: 94.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNDU vs. BEX - Yearly Performance Comparison

	2026 (YTD)
SNDU T-REX 2X Long SNDK Daily Target ETF	31.44%
BEX Tradr 2X Long BE Daily ETF	-11.47%

Correlation

The correlation between SNDU and BEX is -0.77, 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 May 27, 2026	-0.77

Return for Risk

SNDU vs. BEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long SNDK Daily Target ETF (SNDU) and Tradr 2X Long BE Daily ETF (BEX). 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

	SNDU	BEX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2,725.02	-0.59	+2,725.61

Drawdowns

SNDU vs. BEX - Drawdown Comparison

The maximum SNDU drawdown since its inception was -46.69%, which is greater than BEX's maximum drawdown of -18.65%. Use the drawdown chart below to compare losses from any high point for SNDU and BEX.

Drawdown Indicators

	SNDU	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-46.69%	-18.65%	-28.04%
Current Drawdown Current decline from peak	0.00%	-11.47%	+11.47%
Average Drawdown Average peak-to-trough decline	-10.22%	-9.41%	-0.81%

Volatility

Volatility by Period

	SNDU	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	185.48%	184.67%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	185.48%	184.67%	+0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	185.48%	184.67%	+0.81%

SNDU vs. BEX - Expense Ratio Comparison

SNDU has a 1.50% expense ratio, which is higher than BEX's 1.30% expense ratio.

Dividends

SNDU vs. BEX - Dividend Comparison

Neither SNDU nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNDU and BEX in my portfolio?

SNDU and BEX have a correlation of -0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNDU or BEX?

On fees, BEX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNDU or BEX?

BEX is cheaper with a 1.30% expense ratio, compared with 1.50% for SNDU.

Which ETF pays a higher dividend yield, SNDU or BEX?

SNDU and BEX have nearly identical dividend yields, around 0.00%.

What is the main difference between SNDU and BEX?

They also come from different issuers: T-Rex and Tradr. Their fees differ too: 1.50% for SNDU and 1.30% for BEX.