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SMQ vs APPX

Tradr 1X Short Innovation 100 Monthly ETFA vs Tradr 2X Long APP Daily ETF

SMQ

Tradr 1X Short Innovation 100 Monthly ETFA

Annual cost

1.50%

Fund size

$0.7M

APPX

Tradr 2X Long APP Daily ETF

Annual cost

1.30%

Fund size

$140M

Key differences

  • APPX costs 0.20% less per year.
  • APPX is significantly larger than SMQ — larger funds tend to be more liquid and less likely to close.
  • SMQ follows a inverse strategy; APPX uses leveraged.

Side-by-side comparison

SMQAPPX
Annual cost (TER)1.50%1.30%
Fund size (AUM)$0.7M$140M
Since20252025
Dividend yield30.05%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1YN/A+27.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y140.60%
Max drawdown-26.89%-82.40%

Similar to SMQ and APPX