UFOX vs. GOOX

Last updated Aug 2, 2026

UFOX (Defiance Connective Technologies ETF) and GOOX (T-Rex 2X Long Alphabet Daily Target ETF) are both exchange-traded funds - UFOX is a Technology Equities fund tracking the BlueStar Connective Technologies Index, while GOOX is a Leveraged Equities fund actively managed by T-Rex. UFOX is passively managed, while GOOX is actively managed. Over the past year, UFOX returned 50.71% vs 189.26% for GOOX. Their 0.44 correlation means their historical movements had little consistent relationship. UFOX charges 0.30%/yr vs 1.05%/yr for GOOX.

Performance

UFOX vs. GOOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Connective Technologies ETF (UFOX) and T-Rex 2X Long Alphabet Daily Target ETF (GOOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UFOX achieves a 24.91% return, which is significantly higher than GOOX's 14.32% return.

UFOX

• 1D: 0.28%
• 1M: -10.33%
• 6M: 20.27%
• YTD: 24.91%
• 1Y: 50.71%
• 3Y*: 34.01%
• 5Y*: 16.95%
• 10Y*: —
• ALL TIME*: 18.18%

GOOX

• 1D: 14.09%
• 1M: -2.18%
• 6M: -0.73%
• YTD: 14.32%
• 1Y: 189.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 66.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GOOX T-Rex 2X Long Alphabet Daily Target ETF	$8.35M	$6.68M	$7.65M
UFOX Defiance Connective Technologies ETF	$4.02M	$3.58M	$4.72M

UFOX vs. GOOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UFOX Defiance Connective Technologies ETF	24.91%	34.83%	35.15%
GOOX T-Rex 2X Long Alphabet Daily Target ETF	14.32%	121.41%	44.31%

Correlation

The correlation between UFOX and GOOX is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.44

Return for Risk

UFOX vs. GOOX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UFOX

UFOX Risk / Return Rank: 58
UFOX Sharpe Ratio Rank: 67
UFOX Sortino Ratio Rank: 62
UFOX Omega Ratio Rank: 61
UFOX Calmar Ratio Rank: 46
UFOX Martin Ratio Rank: 53

GOOX

GOOX Risk / Return Rank: 91
GOOX Sharpe Ratio Rank: 96
GOOX Sortino Ratio Rank: 92
GOOX Omega Ratio Rank: 89
GOOX Calmar Ratio Rank: 94
GOOX Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UFOX vs. GOOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Connective Technologies ETF (UFOX) and T-Rex 2X Long Alphabet Daily Target ETF (GOOX). 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.

	UFOX	GOOX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.84	-1.30
Sortino ratio: Return per unit of downside risk	2.09	3.39	-1.31
Omega ratio: Gain probability vs. loss probability	1.26	1.41	-0.15
Calmar ratio: Return relative to maximum drawdown	1.66	4.63	-2.97
Martin ratio: Return relative to average drawdown	6.25	11.97	-5.72

UFOX vs. GOOX - Sharpe Ratio Comparison

The current UFOX Sharpe Ratio is 1.54, which is lower than the GOOX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of UFOX and GOOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UFOX vs. GOOX - Drawdown Comparison

The maximum UFOX drawdown since its inception was -33.90%, smaller than the maximum GOOX drawdown of -52.46%. Use the drawdown chart below to compare losses from any high point for UFOX and GOOX.

Drawdown Indicators

	UFOX	GOOX	Difference
Max Drawdown Largest peak-to-trough decline	-33.90%	-52.46%	+18.56%
Max Drawdown (1Y) Largest decline over 1 year	-28.71%	-39.00%	+10.29%
Max Drawdown (3Y) Largest decline over 3 years	-28.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-25.11%	-24.02%	-1.09%
Average Drawdown Average peak-to-trough decline	-9.18%	-17.47%	+8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.61%	15.07%	-7.46%

Volatility

UFOX vs. GOOX - Volatility Comparison

The current volatility for Defiance Connective Technologies ETF (UFOX) is 11.73%, while T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a volatility of 26.36%. This indicates that UFOX experiences smaller price fluctuations and is considered to be less risky than GOOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFOX	GOOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.73%	26.36%	-14.63%
Volatility (6M) Calculated over the trailing 6-month period	26.21%	48.89%	-22.68%
Volatility (1Y) Calculated over the trailing 1-year period	31.05%	63.83%	-32.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.82%	61.81%	-35.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.83%	61.81%	-35.98%

UFOX vs. GOOX - Expense Ratio Comparison

UFOX has a 0.30% expense ratio, which is lower than GOOX's 1.05% expense ratio.

Dividends

UFOX vs. GOOX - Dividend Comparison

UFOX's dividend yield for the trailing twelve months is around 0.48%, more than GOOX's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GOOX T-Rex 2X Long Alphabet Daily Target ETF	0.27%	0.30%	16.78%	0.00%	0.00%	0.00%	0.00%	0.00%
UFOX Defiance Connective Technologies ETF	0.48%	0.56%	0.79%	1.40%	1.63%	1.17%	0.99%	0.75%

Frequently Asked Questions

Can I hold both UFOX and GOOX in my portfolio?

UFOX and GOOX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UFOX or GOOX?

GOOX has higher volatility (26.36%) compared to UFOX (11.73%). In terms of maximum drawdown, UFOX dropped -33.90% vs GOOX's -52.46%.

Which ETF is better, UFOX or GOOX?

On 1-year performance, GOOX leads with 189.26% vs 50.71% for UFOX. On fees, UFOX is cheaper at 0.30% per year. On volatility, UFOX has been the lower-risk option at 11.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UFOX or GOOX?

Over the 1-year period, GOOX has performed better with a 189.26% return vs 50.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UFOX or GOOX?

UFOX is cheaper with a 0.30% expense ratio, compared with 1.05% for GOOX.

Which ETF pays a higher dividend yield, UFOX or GOOX?

UFOX has the higher dividend yield at 0.48%, compared with 0.27% for GOOX.

What is the main difference between UFOX and GOOX?

UFOX is categorized as Technology Equities, while GOOX is Leveraged Equities. They also come from different issuers: Defiance and T-Rex. Their fees differ too: 0.30% for UFOX and 1.05% for GOOX.

Which has better risk-adjusted returns?

GOOX currently has the higher Sharpe Ratio (2.84 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.