Tradr 2X Competition

APPX Etf

11.30 1.65 17.10%

Tradr 2X Long competes with Innovator, Direxion Daily, Invesco MSCI, Avantis Core, and First Trust; as well as few others. Analyzing Tradr 2X competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tradr 2X to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tradr 2X Correlation with its peers.

Tradr 2X vs IShares ESG Correlation

Very good diversification

The correlation between Tradr 2X Long and EVUS is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tradr 2X Long and EVUS in the same portfolio, assuming nothing else is changed.

Moving against Tradr Etf

0.73	NRGU	Bank of Montreal	Pair Corr
0.63	GUSH	Direxion Daily SP	Pair Corr
0.53	RDIV	Invesco SP Ultra	Pair Corr
0.4	PSI	Invesco Dynamic Semi	Pair Corr
0.38	SOXX	iShares Semiconductor ETF	Pair Corr

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
3.77	13.14	22.51

Details

Intrinsic

Valuation

Low	Real	High
1.70	11.07	20.44

Details

Tradr 2X Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tradr 2X and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Tradr and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tradr 2X Long does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.45	-0.5	0.47	0.14	-0.57	-0.04	0.32	0.49	0.47	META
MSFT	-0.45		0.73	-0.53	-0.42	0.59	0.71	0.01	-0.8	-0.87	MSFT
UBER	-0.5	0.73		-0.48	-0.15	0.66	0.32	-0.16	-0.8	-0.63	UBER
F	0.47	-0.53	-0.48		-0.17	-0.35	-0.13	0.38	0.7	0.63	F
T	0.14	-0.42	-0.15	-0.17		-0.05	-0.6	-0.11	0.14	0.28	T
A	-0.57	0.59	0.66	-0.35	-0.05		0.26	-0.08	-0.49	-0.68	A
CRM	-0.04	0.71	0.32	-0.13	-0.6	0.26		0.5	-0.38	-0.7	CRM
JPM	0.32	0.01	-0.16	0.38	-0.11	-0.08	0.5		0.25	-0.07	JPM
MRK	0.49	-0.8	-0.8	0.7	0.14	-0.49	-0.38	0.25		0.76	MRK
XOM	0.47	-0.87	-0.63	0.63	0.28	-0.68	-0.7	-0.07	0.76		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

XOM	+ 0.76	MRK
UBER	+ 0.73	MSFT
CRM	+ 0.71	MSFT
MRK	+ 0.7	F
A	+ 0.66	UBER
XOM	+ 0.63	F

High negative correlations

XOM	- 0.87	MSFT
MRK	- 0.8	UBER
MRK	- 0.8	MSFT
XOM	- 0.7	CRM
XOM	- 0.68	A
XOM	- 0.63	UBER

Tradr 2X Competition Risk-Adjusted Indicators

There is a big difference between Tradr Etf performing well and Tradr 2X ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tradr 2X's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.51	0.02	(0.01)	0.11	1.55	(1.74)	3.43	(2.67)	13.69
MSFT	1.32	(0.41)	0.00	(0.89)	0.00	0.00	1.85	(2.74)	13.28
UBER	1.55	(0.47)	0.00	(0.70)	0.00	0.00	2.41	(5.06)	11.09
F	1.22	0.03	0.02	0.11	1.20	(1.45)	3.38	(2.35)	7.16
T	0.94	0.16	0.09	1.52	0.83	(1.06)	2.02	(1.54)	4.32
A	1.21	(0.26)	0.00	(0.14)	0.00	0.00	2.90	(2.58)	7.85
CRM	1.71	(0.54)	0.00	(0.39)	0.00	0.00	2.94	(5.31)	12.37
JPM	1.20	(0.04)	0.00	0.05	1.67	(1.24)	2.34	(3.11)	7.38
MRK	1.26	0.56	0.43	0.97	0.69	(1.62)	3.59	(1.93)	8.09
XOM	1.17	0.41	0.26	3.45	0.94	(1.39)	2.69	(2.11)	5.85

Tradr 2X Competitive Analysis

The better you understand Tradr 2X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tradr 2X's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tradr 2X's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	APPX	UJUN	WEBL	ERTH	AVMU	XJUN	IONZ	MVV	MDST	GSC
	17.10 11.30 Tradr	0.64 37.67 Innovator	2.68 20.30 Direxion	2.50 48.79 Invesco	0.04 46.68 Avantis	0.46 43.24 First	30.54 25.66 Defiance	6.42 81.71 ProShares	0.14 27.69 Ultimus	3.56 59.69 Goldman
Market Volatility (90 Days Market Risk)	Relatively risky	Very steady	Not too volatile	Very steady	Very steady	Very steady	Slightly risky	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Weakest	Good	Weakest	Weakest	Strong	Good	Mild	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Under Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Cautious Hold	Strong Sell	Strong Hold	Cautious Hold	Strong Sell	Strong Sell	Strong Buy	Strong Buy	Strong Buy
Price To Sales	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.32	5.76	N/A
Equity Positions Weight	N/A	99.43	37.12	99.99	N/A	98.81	N/A	196.02	N/A	N/A
Three Year Return	N/A	10.7	30.7	-2.2	3.2	10.5	N/A	13.5	N/A	N/A
Net Asset	N/A	111.42 M	92.53 M	315.06 M	37.49 M	130.17 M	N/A	97.83 M	N/A	98.26 M
Price To Book	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.3	1.09	N/A
Five Year Return	N/A	6.0	-24.6	-6.3	0.8	N/A	N/A	8.0	N/A	N/A
One Year Return	N/A	9.2	-38.9	20.0	4.4	9.8	N/A	4.3	9.7	N/A
Last Dividend Paid	N/A	1.01	0.018	N/A	0.0356	N/A	N/A	0.013	N/A	N/A
Ten Year Return	N/A	N/A	N/A	8.3	N/A	N/A	N/A	15.6	N/A	N/A
Beta	N/A	0.47	3.86	1.41	0.93	0.34	N/A	2.28	N/A	N/A
Price To Earning	N/A	N/A	N/A	N/A	N/A	N/A	N/A	20.72	38.0	N/A
Day Typical Price	10.92	37.64	19.82	48.54	46.68	43.21	27.68	80.74	27.64	59.35
Accumulation Distribution	0.13	0.0027	0.0743	0.0152	9.0E-4	0.0023	0.33	0.0387	0.0155	0.0192
Market Facilitation Index	1.51	0.1	1.51	0.74	0.04	0.1	11.37	3.17	0.43	1.15
Daily Balance Of Power	1.092715	2.4	0.351	1.608108	(0.50)	2.0	(0.99)	1.555205	0.093	1.782609
Period Momentum Indicator	1.65	0.24	0.53	1.19	(0.02)	0.2	(11.28)	4.93	0.04	2.05
Rate Of Daily Change	1.17	1.01	1.03	1.02	1.0	1.0	0.69	1.06	1.0	1.04
Day Median Price	10.73	37.62	19.58	48.42	46.68	43.19	28.7	80.26	27.62	59.18
Price Action Indicator	1.4	0.17	0.99	0.96	(0.01)	0.15	(8.68)	3.92	0.095	1.54
Coefficient Of Variation	(800.29)	715.93	(513.88)	3400.5	354.5	676.65	1349.41	641.66	426.86	635.84
Mean Deviation	6.65	0.1562	2.66	0.7884	0.104	0.1381	9.31	1.5	0.6051	0.9298
Jensen Alpha	(1.32)	0.0038	(0.88)	(0.05)	0.0271	0.0045	1.19	0.1325	0.1628	0.0825
Total Risk Alpha	(2.08)	(0)	(1.03)	(0.08)	0.0144	(0.0007)	(0.30)	0.1023	0.0929	0.0602
Sortino Ratio	N/A	(0.27)	N/A	(0.05)	(0.35)	(0.32)	0.0685	0.1283	0.1224	0.0969
Downside Variance	N/A	0.0472	N/A	1.19	0.022	0.037	133.26	2.87	0.5205	1.05
Standard Deviation	9.24	0.2169	3.47	1.03	0.1331	0.1903	11.88	1.97	0.7597	1.2
Kurtosis	2.88	1.15	0.0667	0.3661	0.0377	1.05	0.3314	0.7546	(0)	0.2521
Potential Upside	10.79	0.4282	5.05	1.55	0.2195	0.3725	17.17	3.83	1.32	2.1
Treynor Ratio	(0.58)	0.0982	(0.28)	0.0226	4.92	0.1058	(0.22)	0.1438	2.57	0.1477
Maximum Drawdown	49.16	1.05	16.48	4.99	0.6715	0.9233	53.88	7.51	3.63	4.87
Variance	85.39	0.047	12.05	1.06	0.0177	0.0362	141.25	3.88	0.5771	1.45
Market Risk Adjusted Performance	(0.57)	0.1082	(0.27)	0.0326	4.93	0.1158	(0.21)	0.1538	2.58	0.1577
Risk Adjusted Performance	(0.09)	0.0854	(0.15)	0.0259	0.1768	0.0867	0.069	0.1315	0.1882	0.13
Skewness	(1.15)	0.2034	(0.39)	0.0197	(0.35)	0.1157	(0.12)	0.4061	(0.21)	0.2862
Semi Deviation	N/A	0.0417	N/A	1.02	0.0	0.0	10.82	1.47	0.4785	0.8301
Information Ratio	(0.13)	(0.27)	(0.22)	(0.06)	(0.39)	(0.32)	0.0666	0.1103	0.1162	0.0827
Value At Risk	(16.45)	(0.37)	(6.77)	(2.00)	(0.18)	(0.33)	(21.95)	(2.80)	(1.20)	(1.89)
Expected Short fall	N/A	(0.18)	N/A	(0.77)	(0.12)	(0.15)	(10.78)	(1.75)	(0.69)	(1.14)
Downside Deviation	N/A	0.2173	N/A	1.09	0.1483	0.1922	11.54	1.69	0.7215	1.03
Semi Variance	N/A	0.0017	N/A	1.04	(0.03)	(0.000045)	117.13	2.15	0.229	0.689

Tradr 2X Competition Performance Charts

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC