SNXX vs. APPX
SNXX (Tradr 2X Long SNDK Daily ETF) and APPX (Tradr 2X Long APP Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. SNXX charges 1.49%/yr vs 1.30%/yr for APPX.
Performance
SNXX vs. APPX - Performance Comparison
Loading charts...
Returns By Period
SNXX
- 1D
- -27.12%
- 1M
- 58.50%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APPX
- 1D
- -0.77%
- 1M
- -10.55%
- YTD
- -68.41%
- 6M
- -73.04%
- 1Y
- 0.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNXX vs. APPX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SNXX Tradr 2X Long SNDK Daily ETF | 927.57% |
APPX Tradr 2X Long APP Daily ETF | -47.95% |
Correlation
The correlation between SNXX and APPX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNXX vs. APPX — Risk / Return Rank
SNXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
APPX
SNXX vs. APPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SNDK Daily ETF (SNXX) and Tradr 2X Long APP Daily ETF (APPX). 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.
| SNXX | APPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.14 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.01 | — |
| Martin ratioReturn relative to average drawdown | — | 0.02 | — |
Loading charts...
Drawdowns
SNXX vs. APPX - Drawdown Comparison
The maximum SNXX drawdown since its inception was -48.39%, smaller than the maximum APPX drawdown of -82.40%. Use the drawdown chart below to compare losses from any high point for SNXX and APPX.
Loading charts...
Drawdown Indicators
| SNXX | APPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.39% | -82.40% | +34.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -82.40% | — |
Current DrawdownCurrent decline from peak | -27.12% | -75.43% | +48.31% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -38.59% | +23.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 49.87% | — |
Volatility
SNXX vs. APPX - Volatility Comparison
Loading charts...
Volatility by Period
| SNXX | APPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 41.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 122.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 201.73% | 141.33% | +60.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 201.73% | 139.76% | +61.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 201.73% | 139.76% | +61.97% |
SNXX vs. APPX - Expense Ratio Comparison
SNXX has a 1.49% expense ratio, which is higher than APPX's 1.30% expense ratio.
Dividends
SNXX vs. APPX - Dividend Comparison
SNXX has not paid dividends to shareholders, while APPX's dividend yield for the trailing twelve months is around 29.69%.
| Position | TTM | 2025 |
|---|---|---|
APPX Tradr 2X Long APP Daily ETF | 29.69% | 9.38% |
SNXX Tradr 2X Long SNDK Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
SNXX and APPX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, APPX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APPX is cheaper with a 1.30% expense ratio, compared with 1.49% for SNXX.
APPX has the higher dividend yield at 29.69%, compared with 0.00% for SNXX.
Their fees differ too: 1.49% for SNXX and 1.30% for APPX.
Find the right allocation for SNXX and APPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer