SNXX vs. SMU
SNXX (Tradr 2X Long SNDK Daily ETF) and SMU (Tradr 2X Long SMR Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.35 correlation means their historical movements had little consistent relationship. SNXX charges 1.49%/yr vs 1.30%/yr for SMU.
Performance
SNXX vs. SMU - Performance Comparison
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Returns By Period
SNXX
- 1D
- -10.88%
- 1M
- -60.92%
- 6M
- 102.16%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SMU
- 1D
- -4.21%
- 1M
- -31.75%
- 6M
- -87.18%
- YTD
- -82.38%
- 1Y
- -98.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -98.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.65M | $9.72M | $17.75M | |
| $1.51B | $1.59B | $1.43B |
SNXX vs. SMU - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SNXX Tradr 2X Long SNDK Daily ETF | 184.54% |
SMU Tradr 2X Long SMR Daily ETF | -88.64% |
Correlation
The correlation between SNXX and SMU is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.35 |
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Return for Risk
SNXX vs. SMU — Risk / Return Rank
SNXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SMU
SNXX vs. SMU - 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 SMR Daily ETF (SMU). 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 | SMU | 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
SNXX vs. SMU - Drawdown Comparison
The maximum SNXX drawdown since its inception was -85.09%, smaller than the maximum SMU drawdown of -99.39%. Use the drawdown chart below to compare losses from any high point for SNXX and SMU.
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Drawdown Indicators
| SNXX | SMU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.09% | -99.39% | +14.30% |
Max Drawdown (1Y)Largest decline over 1 year | — | -99.27% | — |
Current DrawdownCurrent decline from peak | -79.82% | -99.25% | +19.43% |
Average DrawdownAverage peak-to-trough decline | -22.82% | -79.07% | +56.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 85.27% | — |
Volatility
SNXX vs. SMU - Volatility Comparison
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Volatility by Period
| SNXX | SMU | 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 | 237.71% | 200.59% | +37.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 237.71% | 200.68% | +37.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 237.71% | 200.68% | +37.03% |
SNXX vs. SMU - Expense Ratio Comparison
SNXX has a 1.49% expense ratio, which is higher than SMU's 1.30% expense ratio.
Dividends
SNXX vs. SMU - Dividend Comparison
Neither SNXX nor SMU has paid dividends to shareholders.
Frequently Asked Questions
SNXX and SMU have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMU is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMU is cheaper with a 1.30% expense ratio, compared with 1.49% for SNXX.
SNXX and SMU have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.49% for SNXX and 1.30% for SMU.
Find the right allocation for SNXX and SMU
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