XTRE vs. ASTX

Last updated Aug 5, 2026

XTRE (BondBloxx Bloomberg Three Year Target Duration US Treasury ETF) and ASTX (Tradr 2X Long ASTS Daily ETF) are both exchange-traded funds - XTRE is a Government Bonds fund tracking the Bloomberg US Treasury 3 Year Target Duration Index, while ASTX is a Leveraged Equities fund actively managed by Tradr. XTRE is passively managed, while ASTX is actively managed. Over the past year, XTRE returned 2.09% vs -53.66% for ASTX. Their -0.01 correlation means they have often moved in opposite directions in the past. XTRE charges 0.05%/yr vs 1.30%/yr for ASTX.

Performance

XTRE vs. ASTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and Tradr 2X Long ASTS Daily ETF (ASTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTRE achieves a 0.30% return, which is significantly higher than ASTX's -62.88% return.

XTRE

• 1D: 0.18%
• 1M: 0.05%
• 6M: 0.27%
• YTD: 0.30%
• 1Y: 2.09%
• 3Y*: 4.11%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.54%

ASTX

• 1D: 21.81%
• 1M: -40.10%
• 6M: -82.87%
• YTD: -62.88%
• 1Y: -53.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -37.36%

*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)
ASTX Tradr 2X Long ASTS Daily ETF	$51.61M	$67.74M	$196.34M
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	$3.52M	$3.03M	$2.76M

XTRE vs. ASTX - Yearly Performance Comparison

	2026 (YTD)	2025
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	0.30%	2.61%
ASTX Tradr 2X Long ASTS Daily ETF	-62.88%	63.68%

Correlation

The correlation between XTRE and ASTX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	-0.01

Return for Risk

XTRE vs. ASTX — Risk / Return Rank

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

XTRE

XTRE Risk / Return Rank: 34
XTRE Sharpe Ratio Rank: 37
XTRE Sortino Ratio Rank: 36
XTRE Omega Ratio Rank: 33
XTRE Calmar Ratio Rank: 35
XTRE Martin Ratio Rank: 32

ASTX

ASTX Risk / Return Rank: 14
ASTX Sharpe Ratio Rank: 7
ASTX Sortino Ratio Rank: 27
ASTX Omega Ratio Rank: 25
ASTX Calmar Ratio Rank: 4
ASTX Martin Ratio Rank: 4

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.

XTRE vs. ASTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and Tradr 2X Long ASTS Daily ETF (ASTX). 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.

	XTRE	ASTX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	-0.24	+1.27
Sortino ratio: Return per unit of downside risk	1.50	1.14	+0.36
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio: Return relative to maximum drawdown	1.37	-0.59	+1.96
Martin ratio: Return relative to average drawdown	3.16	-0.97	+4.14

XTRE vs. ASTX - Sharpe Ratio Comparison

The current XTRE Sharpe Ratio is 1.03, which is higher than the ASTX Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of XTRE and ASTX, 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

XTRE vs. ASTX - Drawdown Comparison

The maximum XTRE drawdown since its inception was -2.89%, smaller than the maximum ASTX drawdown of -91.24%. Use the drawdown chart below to compare losses from any high point for XTRE and ASTX.

Drawdown Indicators

	XTRE	ASTX	Difference
Max Drawdown Largest peak-to-trough decline	-2.89%	-91.24%	+88.35%
Max Drawdown (1Y) Largest decline over 1 year	-1.53%	-91.24%	+89.71%
Max Drawdown (3Y) Largest decline over 3 years	-2.00%	—	—
Current Drawdown Current decline from peak	-0.77%	-84.98%	+84.21%
Average Drawdown Average peak-to-trough decline	-0.84%	-49.79%	+48.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	55.12%	-54.46%

Volatility

XTRE vs. ASTX - Volatility Comparison

The current volatility for BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) is 0.55%, while Tradr 2X Long ASTS Daily ETF (ASTX) has a volatility of 66.19%. This indicates that XTRE experiences smaller price fluctuations and is considered to be less risky than ASTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTRE	ASTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.55%	66.19%	-65.64%
Volatility (6M) Calculated over the trailing 6-month period	1.67%	164.25%	-162.58%
Volatility (1Y) Calculated over the trailing 1-year period	2.04%	220.41%	-218.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.28%	216.33%	-213.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.28%	216.33%	-213.05%

XTRE vs. ASTX - Expense Ratio Comparison

XTRE has a 0.05% expense ratio, which is lower than ASTX's 1.30% expense ratio.

Dividends

XTRE vs. ASTX - Dividend Comparison

XTRE's dividend yield for the trailing twelve months is around 4.02%, while ASTX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ASTX Tradr 2X Long ASTS Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	4.02%	3.85%	4.19%	3.97%	1.16%

Frequently Asked Questions

Can I hold both XTRE and ASTX in my portfolio?

XTRE and ASTX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XTRE or ASTX?

ASTX has higher volatility (66.19%) compared to XTRE (0.55%). In terms of maximum drawdown, XTRE dropped -2.89% vs ASTX's -91.24%.

Which ETF is better, XTRE or ASTX?

On 1-year performance, XTRE leads with 2.09% vs -53.66% for ASTX. On fees, XTRE is cheaper at 0.05% per year. On volatility, XTRE has been the lower-risk option at 0.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XTRE or ASTX?

Over the 1-year period, XTRE has performed better with a 2.09% return vs -53.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTRE or ASTX?

XTRE is cheaper with a 0.05% expense ratio, compared with 1.30% for ASTX.

Which ETF pays a higher dividend yield, XTRE or ASTX?

XTRE has the higher dividend yield at 4.02%, compared with 0.00% for ASTX.

What is the main difference between XTRE and ASTX?

XTRE is categorized as Government Bonds, while ASTX is Leveraged Equities. They also come from different issuers: BondBloxx and Tradr. Their fees differ too: 0.05% for XTRE and 1.30% for ASTX.

Which has better risk-adjusted returns?

XTRE currently has the higher Sharpe Ratio (1.03 vs -0.24), 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.