SNXX vs. UPSX

Last updated Jun 5, 2026

SNXX (Tradr 2X Long SNDK Daily ETF) and UPSX (Tradr 2X Long UPST Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. SNXX charges 1.49%/yr vs 1.30%/yr for UPSX.

Performance

SNXX vs. UPSX - Performance Comparison

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

Returns By Period

SNXX

• 1D: -4.86%
• 1M: 46.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPSX

• 1D: 13.15%
• 1M: 0.86%
• YTD: -59.86%
• 6M: -66.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNXX vs. UPSX - Yearly Performance Comparison

	2026 (YTD)
SNXX Tradr 2X Long SNDK Daily ETF	808.37%
UPSX Tradr 2X Long UPST Daily ETF	-60.71%

Correlation

The correlation between SNXX and UPSX is 0.09, 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 28, 2026	0.09

Return for Risk

SNXX vs. UPSX - 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 UPST Daily ETF (UPSX). 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

	SNXX	UPSX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	266.61	-0.60	+267.21

Drawdowns

SNXX vs. UPSX - Drawdown Comparison

The maximum SNXX drawdown since its inception was -48.39%, smaller than the maximum UPSX drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for SNXX and UPSX.

Drawdown Indicators

	SNXX	UPSX	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-95.01%	+46.62%
Current Drawdown Current decline from peak	-4.86%	-92.09%	+87.23%
Average Drawdown Average peak-to-trough decline	-15.51%	-66.13%	+50.62%

Volatility

Volatility by Period

	SNXX	UPSX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	194.54%	141.15%	+53.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	194.54%	141.15%	+53.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	194.54%	141.15%	+53.39%

SNXX vs. UPSX - Expense Ratio Comparison

SNXX has a 1.49% expense ratio, which is higher than UPSX's 1.30% expense ratio.

Dividends

SNXX vs. UPSX - Dividend Comparison

Neither SNXX nor UPSX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNXX and UPSX in my portfolio?

SNXX and UPSX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNXX or UPSX?

On fees, UPSX 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, SNXX or UPSX?

UPSX is cheaper with a 1.30% expense ratio, compared with 1.49% for SNXX.

Which ETF pays a higher dividend yield, SNXX or UPSX?

SNXX and UPSX have nearly identical dividend yields, around 0.00%.

What is the main difference between SNXX and UPSX?

Their fees differ too: 1.49% for SNXX and 1.30% for UPSX.