XPEG vs. AXTX

Last updated Jun 25, 2026

XPEG (Leverage Shares 2X Long XPEV Daily ETF) and AXTX (Tradr 2X Long AXTI Daily ETF) are both Leveraged Equities funds - XPEG tracks the XPeng Inc. (XPEV) while AXTX tracks the AXT, Inc. (AXTI). Both are passively managed. At a 0.35 correlation, their price movements are largely independent. XPEG charges 0.75%/yr vs 1.49%/yr for AXTX.

Performance

XPEG vs. AXTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long XPEV Daily ETF (XPEG) and Tradr 2X Long AXTI Daily ETF (AXTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XPEG

• 1D: -4.23%
• 1M: -38.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AXTX

• 1D: -19.88%
• 1M: -81.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XPEG vs. AXTX - Yearly Performance Comparison

	2026 (YTD)
XPEG Leverage Shares 2X Long XPEV Daily ETF	-41.70%
AXTX Tradr 2X Long AXTI Daily ETF	-44.45%

Correlation

The correlation between XPEG and AXTX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 24, 2026	0.35

Return for Risk

XPEG vs. AXTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long XPEV Daily ETF (XPEG) and Tradr 2X Long AXTI Daily ETF (AXTX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

XPEG vs. AXTX - Drawdown Comparison

The maximum XPEG drawdown since its inception was -70.78%, smaller than the maximum AXTX drawdown of -81.02%. Use the drawdown chart below to compare losses from any high point for XPEG and AXTX.

Drawdown Indicators

	XPEG	AXTX	Difference
Max Drawdown Largest peak-to-trough decline	-70.78%	-81.02%	+10.24%
Current Drawdown Current decline from peak	-70.78%	-81.02%	+10.24%
Average Drawdown Average peak-to-trough decline	-39.35%	-32.03%	-7.32%

Volatility

Volatility by Period

	XPEG	AXTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	97.71%	301.10%	-203.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.71%	301.10%	-203.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.71%	301.10%	-203.39%

XPEG vs. AXTX - Expense Ratio Comparison

XPEG has a 0.75% expense ratio, which is lower than AXTX's 1.49% expense ratio.

Dividends

XPEG vs. AXTX - Dividend Comparison

Neither XPEG nor AXTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XPEG and AXTX in my portfolio?

XPEG and AXTX 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.

Which ETF is better, XPEG or AXTX?

On fees, XPEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XPEG or AXTX?

XPEG is cheaper with a 0.75% expense ratio, compared with 1.49% for AXTX.

Which ETF pays a higher dividend yield, XPEG or AXTX?

XPEG and AXTX have nearly identical dividend yields, around 0.00%.

What is the main difference between XPEG and AXTX?

XPEG tracks XPeng Inc. (XPEV), while AXTX tracks AXT, Inc. (AXTI). They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for XPEG and 1.49% for AXTX.