XNTK vs. GOOX

Last updated Aug 2, 2026

XNTK (State Street SPDR NYSE Technology ETF) and GOOX (T-Rex 2X Long Alphabet Daily Target ETF) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology Index, while GOOX is a Leveraged Equities fund actively managed by T-Rex. XNTK is passively managed, while GOOX is actively managed. Over the past year, XNTK returned 45.94% vs 189.26% for GOOX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. XNTK charges 0.35%/yr vs 1.05%/yr for GOOX.

Performance

XNTK vs. GOOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR NYSE Technology ETF (XNTK) 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, XNTK achieves a 21.38% return, which is significantly higher than GOOX's 14.32% return.

XNTK

• 1D: 0.32%
• 1M: -7.35%
• 6M: 19.74%
• YTD: 21.38%
• 1Y: 45.94%
• 3Y*: 31.93%
• 5Y*: 16.77%
• 10Y*: 23.46%
• ALL TIME*: 11.11%

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
XNTK State Street SPDR NYSE Technology ETF	$14.59M	$14.88M	$19.50M

XNTK vs. GOOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XNTK State Street SPDR NYSE Technology ETF	21.38%	38.06%	24.57%
GOOX T-Rex 2X Long Alphabet Daily Target ETF	14.32%	121.41%	44.31%

Correlation

The correlation between XNTK and GOOX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.52

The correlation between XNTK and GOOX has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.

Return for Risk

XNTK vs. GOOX — Risk / Return Rank

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

XNTK

XNTK Risk / Return Rank: 61
XNTK Sharpe Ratio Rank: 63
XNTK Sortino Ratio Rank: 57
XNTK Omega Ratio Rank: 59
XNTK Calmar Ratio Rank: 67
XNTK Martin Ratio Rank: 59

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.

XNTK vs. GOOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR NYSE Technology ETF (XNTK) 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.

	XNTK	GOOX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	2.84	-1.38
Sortino ratio: Return per unit of downside risk	1.95	3.39	-1.44
Omega ratio: Gain probability vs. loss probability	1.25	1.41	-0.16
Calmar ratio: Return relative to maximum drawdown	2.30	4.63	-2.33
Martin ratio: Return relative to average drawdown	6.96	11.97	-5.01

XNTK vs. GOOX - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 1.46, which is lower than the GOOX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of XNTK 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

XNTK vs. GOOX - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than GOOX's maximum drawdown of -52.46%. Use the drawdown chart below to compare losses from any high point for XNTK and GOOX.

Drawdown Indicators

	XNTK	GOOX	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-52.46%	-19.92%
Max Drawdown (1Y) Largest decline over 1 year	-18.65%	-39.00%	+20.35%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	—	—
Current Drawdown Current decline from peak	-13.74%	-24.02%	+10.28%
Average Drawdown Average peak-to-trough decline	-21.21%	-17.47%	-3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	15.07%	-8.92%

Volatility

XNTK vs. GOOX - Volatility Comparison

The current volatility for State Street SPDR NYSE Technology ETF (XNTK) is 11.16%, while T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a volatility of 26.36%. This indicates that XNTK 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

	XNTK	GOOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.16%	26.36%	-15.20%
Volatility (6M) Calculated over the trailing 6-month period	25.16%	48.89%	-23.73%
Volatility (1Y) Calculated over the trailing 1-year period	29.41%	63.83%	-34.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.01%	61.81%	-32.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.17%	61.81%	-34.64%

XNTK vs. GOOX - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is lower than GOOX's 1.05% expense ratio.

Dividends

XNTK vs. GOOX - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.16%, less than GOOX's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%	0.00%
XNTK State Street SPDR NYSE Technology ETF	0.16%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and GOOX in my portfolio?

XNTK and GOOX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNTK or GOOX?

GOOX has higher volatility (26.36%) compared to XNTK (11.16%). In terms of maximum drawdown, XNTK dropped -72.38% vs GOOX's -52.46%.

Which ETF is better, XNTK or GOOX?

On 1-year performance, GOOX leads with 189.26% vs 45.94% for XNTK. On fees, XNTK is cheaper at 0.35% per year. On volatility, XNTK has been the lower-risk option at 11.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or GOOX?

Over the 1-year period, GOOX has performed better with a 189.26% return vs 45.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or GOOX?

XNTK is cheaper with a 0.35% expense ratio, compared with 1.05% for GOOX.

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

GOOX has the higher dividend yield at 0.27%, compared with 0.16% for XNTK.

What is the main difference between XNTK and GOOX?

XNTK is categorized as Technology Equities, while GOOX is Leveraged Equities. They also come from different issuers: State Street and T-Rex. Their fees differ too: 0.35% for XNTK and 1.05% for GOOX.

Which has better risk-adjusted returns?

GOOX currently has the higher Sharpe Ratio (2.84 vs 1.46), 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.